Maan Aluminium Limited (MAANALU) — Working Capital to Net Assets Ratio
Maan Aluminium Limited (MAANALU) has a Working Capital to Net Assets ratio of 48.5% as of September 2025. Working capital of Rs907.20 Million (current assets of Rs1.93 Billion minus current liabilities of Rs1.02 Billion) is measured against net assets of Rs1.87 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial agility of Maan Aluminium Limited to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Maan Aluminium Limited Working Capital to Net Assets (2007–2025)
This chart shows how Maan Aluminium Limited's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2007 to 2025. As of September 2025, the ratio stands at 48.5%, reflecting working capital of Rs907.20 Million against net assets of Rs1.87 Billion INR. See MAANALU defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Maan Aluminium Limited (2007–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Maan Aluminium Limited from 2007 to 2025, covering 19 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 Maan Aluminium Limited market capitalisation.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 48.5% | Rs864.70 Million | Rs1.78 Billion | Rs1.91 Billion | Rs1.04 Billion | ▼ -6.8 pp |
| 2024 | 55.3% | Rs901.77 Million | Rs1.63 Billion | Rs1.48 Billion | Rs581.37 Million | ▼ -7.1 pp |
| 2023 | 62.4% | Rs813.06 Million | Rs1.30 Billion | Rs1.71 Billion | Rs898.93 Million | ▲ +9.9 pp |
| 2022 | 52.5% | Rs442.88 Million | Rs843.73 Million | Rs1.24 Billion | Rs801.96 Million | ▲ +3.0 pp |
| 2021 | 49.5% | Rs316.84 Million | Rs640.59 Million | Rs1.21 Billion | Rs895.76 Million | ▼ -0.8 pp |
| 2020 | 50.3% | Rs252.20 Million | Rs501.38 Million | Rs607.10 Million | Rs354.90 Million | ▲ +0.2 pp |
| 2019 | 50.1% | Rs219.07 Million | Rs436.97 Million | Rs976.69 Million | Rs757.62 Million | ▼ -0.6 pp |
| 2018 | 50.8% | Rs179.48 Million | Rs353.47 Million | Rs901.76 Million | Rs722.28 Million | ▲ +6.4 pp |
| 2017 | 44.4% | Rs131.82 Million | Rs296.86 Million | Rs838.41 Million | Rs706.60 Million | ▲ +2.9 pp |
| 2016 | 41.5% | Rs111.75 Million | Rs269.23 Million | Rs690.45 Million | Rs578.70 Million | ▲ +11.9 pp |
| 2015 | 29.6% | Rs78.45 Million | Rs265.22 Million | Rs444.40 Million | Rs365.95 Million | ▲ +2.3 pp |
| 2014 | 27.2% | Rs74.11 Million | Rs272.13 Million | Rs359.80 Million | Rs285.68 Million | ▼ -1.9 pp |
| 2013 | 29.1% | Rs77.96 Million | Rs267.96 Million | Rs370.03 Million | Rs292.07 Million | ▼ -13.5 pp |
| 2012 | 42.6% | Rs112.17 Million | Rs263.63 Million | Rs297.15 Million | Rs184.97 Million | ▼ -15.9 pp |
| 2011 | 58.4% | Rs151.29 Million | Rs259.00 Million | Rs277.01 Million | Rs125.73 Million | ▼ -21.7 pp |
| 2010 | 80.1% | Rs203.97 Million | Rs254.51 Million | Rs278.80 Million | Rs74.84 Million | ▲ +26.7 pp |
| 2009 | 53.4% | Rs139.77 Million | Rs261.75 Million | Rs157.62 Million | Rs17.86 Million | ▲ +4.0 pp |
| 2008 | 49.4% | Rs125.13 Million | Rs253.22 Million | Rs175.51 Million | Rs50.37 Million | ▼ -15.1 pp |
| 2007 | 64.5% | Rs155.30 Million | Rs240.65 Million | Rs193.33 Million | Rs38.04 Million | — |