JSW Steel Limited (JSWSTEEL) — Working Capital to Net Assets Ratio
JSW Steel Limited (JSWSTEEL) has a Working Capital to Net Assets ratio of 7.8% as of September 2025. Working capital of Rs66.00 Billion (current assets of Rs773.63 Billion minus current liabilities of Rs707.63 Billion) is measured against net assets of Rs851.50 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See JSWSTEEL equity financing ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
JSW Steel Limited Working Capital to Net Assets (2008–2025)
This chart shows how JSW Steel Limited's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2008 to 2025. As of September 2025, the ratio stands at 7.8%, reflecting working capital of Rs66.00 Billion against net assets of Rs851.50 Billion INR. Check JSWSTEEL goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for JSW Steel Limited (2008–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for JSW Steel Limited from 2008 to 2025, covering 18 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see JSW Steel Limited stock valuation.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 12.4% | Rs101.10 Billion | Rs816.66 Billion | Rs707.36 Billion | Rs606.26 Billion | ▲ +14.3 pp |
| 2024 | -1.9% | Rs-15.31 Billion | Rs797.76 Billion | Rs645.34 Billion | Rs660.65 Billion | ▲ +0.8 pp |
| 2023 | -2.7% | Rs-18.13 Billion | Rs670.39 Billion | Rs681.50 Billion | Rs699.63 Billion | ▼ -14.1 pp |
| 2022 | 11.4% | Rs78.23 Billion | Rs685.35 Billion | Rs653.74 Billion | Rs575.51 Billion | ▲ +27.6 pp |
| 2021 | -16.1% | Rs-74.47 Billion | Rs461.45 Billion | Rs358.52 Billion | Rs432.99 Billion | ▲ +3.6 pp |
| 2020 | -19.8% | Rs-71.19 Billion | Rs360.24 Billion | Rs365.69 Billion | Rs436.88 Billion | ▲ +4.9 pp |
| 2019 | -24.6% | Rs-84.53 Billion | Rs343.45 Billion | Rs335.55 Billion | Rs420.08 Billion | ▼ -3.6 pp |
| 2018 | -21.0% | Rs-57.72 Billion | Rs275.34 Billion | Rs231.92 Billion | Rs289.64 Billion | ▲ +15.9 pp |
| 2017 | -36.8% | Rs-82.50 Billion | Rs224.02 Billion | Rs212.61 Billion | Rs295.11 Billion | ▲ +12.1 pp |
| 2016 | -49.0% | Rs-106.01 Billion | Rs216.51 Billion | Rs150.42 Billion | Rs256.43 Billion | ▼ -21.2 pp |
| 2015 | -27.8% | Rs-64.38 Billion | Rs231.52 Billion | Rs188.17 Billion | Rs252.55 Billion | ▲ +18.7 pp |
| 2014 | -46.5% | Rs-102.89 Billion | Rs221.05 Billion | Rs154.50 Billion | Rs257.39 Billion | ▼ -8.2 pp |
| 2013 | -38.4% | Rs-67.31 Billion | Rs175.41 Billion | Rs119.34 Billion | Rs186.65 Billion | ▲ +9.1 pp |
| 2012 | -47.5% | Rs-80.58 Billion | Rs169.67 Billion | Rs127.67 Billion | Rs208.25 Billion | ▼ -41.3 pp |
| 2011 | -6.2% | Rs-10.36 Billion | Rs167.65 Billion | Rs95.65 Billion | Rs106.01 Billion | ▲ +21.3 pp |
| 2010 | -27.5% | Rs-26.03 Billion | Rs94.76 Billion | Rs54.70 Billion | Rs80.73 Billion | ▲ +11.8 pp |
| 2009 | -39.2% | Rs-31.70 Billion | Rs80.77 Billion | Rs50.93 Billion | Rs82.63 Billion | ▼ -32.0 pp |
| 2008 | -7.2% | Rs-5.86 Billion | Rs80.81 Billion | Rs41.21 Billion | Rs47.06 Billion | — |