KEC International Limited (KEC) — Working Capital to Net Assets Ratio
KEC International Limited (KEC) has a Working Capital to Net Assets ratio of 59.3% as of September 2025. Working capital of Rs33.47 Billion (current assets of Rs206.59 Billion minus current liabilities of Rs173.12 Billion) is measured against net assets of Rs56.43 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See KEC FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
KEC International Limited Working Capital to Net Assets (2006–2025)
This chart shows how KEC International Limited's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2006 to 2025. As of September 2025, the ratio stands at 59.3%, reflecting working capital of Rs33.47 Billion against net assets of Rs56.43 Billion INR. See KEC days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for KEC International Limited (2006–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for KEC International Limited from 2006 to 2025, covering 20 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 KEC market cap.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 59.1% | Rs31.60 Billion | Rs53.47 Billion | Rs193.87 Billion | Rs162.27 Billion | ▲ +18.9 pp |
| 2024 | 40.2% | Rs16.48 Billion | Rs40.96 Billion | Rs161.58 Billion | Rs145.10 Billion | ▼ -2.6 pp |
| 2023 | 42.9% | Rs16.17 Billion | Rs37.71 Billion | Rs144.36 Billion | Rs128.19 Billion | ▼ -1.0 pp |
| 2022 | 43.8% | Rs15.87 Billion | Rs36.20 Billion | Rs136.87 Billion | Rs121.00 Billion | ▼ -3.7 pp |
| 2021 | 47.5% | Rs15.96 Billion | Rs33.60 Billion | Rs118.83 Billion | Rs102.87 Billion | ▲ +1.1 pp |
| 2020 | 46.4% | Rs12.97 Billion | Rs27.98 Billion | Rs110.21 Billion | Rs97.24 Billion | ▼ -19.2 pp |
| 2019 | 65.6% | Rs15.96 Billion | Rs24.35 Billion | Rs101.51 Billion | Rs85.55 Billion | ▲ +6.4 pp |
| 2018 | 59.1% | Rs11.81 Billion | Rs19.97 Billion | Rs88.39 Billion | Rs76.58 Billion | ▲ +4.8 pp |
| 2017 | 54.3% | Rs8.61 Billion | Rs15.86 Billion | Rs70.55 Billion | Rs61.94 Billion | ▲ +26.0 pp |
| 2016 | 28.3% | Rs4.28 Billion | Rs15.12 Billion | Rs63.60 Billion | Rs59.32 Billion | ▲ +1.2 pp |
| 2015 | 27.1% | Rs3.60 Billion | Rs13.30 Billion | Rs59.47 Billion | Rs55.86 Billion | ▲ +13.1 pp |
| 2014 | 14.0% | Rs1.67 Billion | Rs11.92 Billion | Rs56.91 Billion | Rs55.24 Billion | ▼ -16.5 pp |
| 2013 | 30.5% | Rs3.49 Billion | Rs11.47 Billion | Rs46.47 Billion | Rs42.98 Billion | ▼ -15.0 pp |
| 2012 | 45.5% | Rs5.04 Billion | Rs11.08 Billion | Rs41.18 Billion | Rs36.14 Billion | ▼ -92.5 pp |
| 2011 | 138.0% | Rs13.06 Billion | Rs9.47 Billion | Rs35.87 Billion | Rs22.81 Billion | ▲ +23.7 pp |
| 2010 | 114.3% | Rs9.00 Billion | Rs7.87 Billion | Rs26.77 Billion | Rs17.78 Billion | ▼ -1.8 pp |
| 2009 | 116.1% | Rs6.48 Billion | Rs5.58 Billion | Rs25.36 Billion | Rs18.88 Billion | ▼ -16.4 pp |
| 2008 | 132.5% | Rs6.56 Billion | Rs4.95 Billion | Rs19.73 Billion | Rs13.17 Billion | ▲ +38.0 pp |
| 2007 | 94.5% | Rs2.57 Billion | Rs2.72 Billion | Rs12.48 Billion | Rs9.91 Billion | ▲ +46.1 pp |
| 2006 | 48.3% | Rs904.72 Million | Rs1.87 Billion | Rs10.76 Billion | Rs9.86 Billion | — |