Linde India Limited (LINDEINDIA) — Working Capital to Net Assets Ratio
Linde India Limited (LINDEINDIA) has a Working Capital to Net Assets ratio of -3.9% as of March 2026. Working capital of Rs-1.69 Billion (current assets of Rs10.52 Billion minus current liabilities of Rs12.20 Billion) is measured against net assets of Rs42.67 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See LINDEINDIA 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
Linde India Limited Working Capital to Net Assets (2003–2025)
This chart shows how Linde India Limited's Working Capital to Net Assets ratio has evolved across 23 annual periods from 2003 to 2025. As of March 2026, the ratio stands at -3.9%, reflecting working capital of Rs-1.69 Billion against net assets of Rs42.67 Billion INR. See Linde India Limited (LINDEINDIA) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Linde India Limited (2003–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Linde India Limited from 2003 to 2025, covering 23 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 Linde India Limited market capitalisation.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -3.9% | Rs-1.69 Billion | Rs42.67 Billion | Rs10.52 Billion | Rs12.20 Billion | ▼ -3.1 pp |
| 2024 | -0.8% | Rs-321.64 Million | Rs38.20 Billion | Rs9.94 Billion | Rs10.26 Billion | ▼ -26.7 pp |
| 2023 | 25.8% | Rs8.96 Billion | Rs34.68 Billion | Rs19.27 Billion | Rs10.31 Billion | ▼ -6.8 pp |
| 2022 | 32.7% | Rs11.32 Billion | Rs34.66 Billion | Rs20.66 Billion | Rs9.34 Billion | ▼ -3.9 pp |
| 2021 | 36.6% | Rs9.93 Billion | Rs27.15 Billion | Rs18.68 Billion | Rs8.75 Billion | ▲ +19.9 pp |
| 2020 | 16.7% | Rs3.73 Billion | Rs22.34 Billion | Rs10.70 Billion | Rs6.96 Billion | ▲ +8.8 pp |
| 2019 | 7.9% | Rs1.72 Billion | Rs21.72 Billion | Rs9.57 Billion | Rs7.84 Billion | ▲ +30.0 pp |
| 2018 | -22.1% | Rs-3.23 Billion | Rs14.62 Billion | Rs10.31 Billion | Rs13.54 Billion | ▲ +1.7 pp |
| 2017 | -23.8% | Rs-3.45 Billion | Rs14.51 Billion | Rs6.72 Billion | Rs10.16 Billion | ▼ -8.6 pp |
| 2016 | -15.1% | Rs-2.18 Billion | Rs14.41 Billion | Rs7.42 Billion | Rs9.60 Billion | ▼ -22.2 pp |
| 2015 | 7.0% | Rs978.77 Million | Rs13.93 Billion | Rs5.74 Billion | Rs4.76 Billion | ▲ +26.8 pp |
| 2014 | -19.8% | Rs-2.75 Billion | Rs13.89 Billion | Rs6.21 Billion | Rs8.96 Billion | ▼ -5.8 pp |
| 2013 | -14.0% | Rs-1.99 Billion | Rs14.27 Billion | Rs7.33 Billion | Rs9.33 Billion | ▼ -3.0 pp |
| 2012 | -11.0% | Rs-1.46 Billion | Rs13.34 Billion | Rs6.76 Billion | Rs8.22 Billion | ▼ -22.5 pp |
| 2011 | 11.6% | Rs1.46 Billion | Rs12.62 Billion | Rs9.13 Billion | Rs7.67 Billion | ▲ +9.9 pp |
| 2010 | 1.7% | Rs192.00 Million | Rs11.15 Billion | Rs6.76 Billion | Rs6.56 Billion | ▼ -9.5 pp |
| 2009 | 11.2% | Rs1.19 Billion | Rs10.58 Billion | Rs4.76 Billion | Rs3.57 Billion | ▼ -6.4 pp |
| 2008 | 17.6% | Rs1.82 Billion | Rs10.36 Billion | Rs4.08 Billion | Rs2.25 Billion | ▲ +9.3 pp |
| 2007 | 8.3% | Rs275.68 Million | Rs3.31 Billion | Rs1.55 Billion | Rs1.28 Billion | ▼ -31.2 pp |
| 2006 | 39.5% | Rs1.19 Billion | Rs3.01 Billion | Rs2.58 Billion | Rs1.39 Billion | ▲ +56.1 pp |
| 2005 | -16.6% | Rs-396.36 Million | Rs2.39 Billion | Rs829.27 Million | Rs1.23 Billion | ▼ -26.9 pp |
| 2004 | 10.3% | Rs233.63 Million | Rs2.26 Billion | Rs1.08 Billion | Rs846.79 Million | ▲ +2.9 pp |
| 2003 | 7.4% | Rs167.35 Million | Rs2.26 Billion | Rs1.08 Billion | Rs913.06 Million | — |