Keynote Financial Services Limited (KEYFINSERV) — Working Capital to Net Assets Ratio
Keynote Financial Services Limited (KEYFINSERV) has a Working Capital to Net Assets ratio of 20.6% as of September 2025. Working capital of Rs307.92 Million (current assets of Rs345.24 Million minus current liabilities of Rs37.32 Million) is measured against net assets of Rs1.50 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See KEYFINSERV free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Keynote Financial Services Limited Working Capital to Net Assets (2009–2025)
This chart shows how Keynote Financial Services Limited's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2009 to 2025. As of September 2025, the ratio stands at 20.6%, reflecting working capital of Rs307.92 Million against net assets of Rs1.50 Billion INR. See operational self-sufficiency of Keynote Financial Services Limited to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Keynote Financial Services Limited (2009–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Keynote Financial Services Limited from 2009 to 2025, covering 17 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 KEYFINSERV stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 9.9% | Rs136.83 Million | Rs1.38 Billion | Rs185.36 Million | Rs48.54 Million | ▼ -72.0 pp |
| 2024 | 81.9% | Rs1.02 Billion | Rs1.24 Billion | Rs1.09 Billion | Rs75.25 Million | ▲ +60.0 pp |
| 2023 | 21.9% | Rs214.74 Million | Rs981.17 Million | Rs237.94 Million | Rs23.20 Million | ▼ -55.8 pp |
| 2022 | 77.7% | Rs785.91 Million | Rs1.01 Billion | Rs1.12 Billion | Rs329.93 Million | ▲ +5.1 pp |
| 2021 | 72.6% | Rs621.33 Million | Rs855.50 Million | Rs939.19 Million | Rs317.87 Million | ▲ +4.3 pp |
| 2020 | 68.4% | Rs500.95 Million | Rs732.71 Million | Rs926.99 Million | Rs426.04 Million | ▲ +18.9 pp |
| 2019 | 49.5% | Rs386.91 Million | Rs781.32 Million | Rs663.02 Million | Rs276.11 Million | ▼ -1.0 pp |
| 2018 | 50.6% | Rs389.95 Million | Rs771.28 Million | Rs649.27 Million | Rs259.32 Million | ▲ +9.2 pp |
| 2017 | 41.3% | Rs298.09 Million | Rs721.15 Million | Rs1.07 Billion | Rs767.46 Million | ▼ -14.7 pp |
| 2016 | 56.0% | Rs371.51 Million | Rs663.50 Million | Rs700.05 Million | Rs328.54 Million | ▲ +2.2 pp |
| 2015 | 53.7% | Rs336.10 Million | Rs625.35 Million | Rs680.25 Million | Rs344.15 Million | ▲ +15.4 pp |
| 2014 | 38.3% | Rs235.62 Million | Rs615.19 Million | Rs822.62 Million | Rs587.01 Million | ▲ +27.7 pp |
| 2013 | 10.6% | Rs62.91 Million | Rs591.77 Million | Rs793.82 Million | Rs730.92 Million | ▼ -26.9 pp |
| 2012 | 37.6% | Rs208.26 Million | Rs554.57 Million | Rs603.42 Million | Rs395.16 Million | ▼ -31.7 pp |
| 2011 | 69.2% | Rs362.18 Million | Rs523.11 Million | Rs517.14 Million | Rs154.96 Million | ▲ +20.5 pp |
| 2010 | 48.7% | Rs236.67 Million | Rs485.63 Million | Rs563.77 Million | Rs327.10 Million | ▼ -80.9 pp |
| 2009 | 129.7% | Rs564.51 Million | Rs435.38 Million | Rs936.28 Million | Rs371.77 Million | — |