Manaksia Steels Limited (MANAKSTEEL) — Working Capital to Net Assets Ratio
Manaksia Steels Limited (MANAKSTEEL) has a Working Capital to Net Assets ratio of 39.6% as of March 2026. Working capital of Rs1.29 Billion (current assets of Rs3.84 Billion minus current liabilities of Rs2.55 Billion) is measured against net assets of Rs3.26 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can Manaksia Steels Limited fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Manaksia Steels Limited Working Capital to Net Assets (2013–2026)
This chart shows how Manaksia Steels Limited's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2013 to 2026. As of March 2026, the ratio stands at 39.6%, reflecting working capital of Rs1.29 Billion against net assets of Rs3.26 Billion INR. For the complete balance sheet picture, see Manaksia Steels Limited (MANAKSTEEL) total assets.
Annual Working Capital to Net Assets for Manaksia Steels Limited (2013–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Manaksia Steels Limited from 2013 to 2026, covering 14 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. Check MANAKSTEEL cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 39.6% | Rs1.29 Billion | Rs3.26 Billion | Rs3.84 Billion | Rs2.55 Billion | ▼ -1.9 pp |
| 2025 | 41.5% | Rs1.20 Billion | Rs2.89 Billion | Rs3.57 Billion | Rs2.37 Billion | ▼ -13.5 pp |
| 2024 | 55.0% | Rs1.65 Billion | Rs3.00 Billion | Rs3.75 Billion | Rs2.10 Billion | ▼ -3.4 pp |
| 2023 | 58.4% | Rs1.70 Billion | Rs2.90 Billion | Rs2.91 Billion | Rs1.22 Billion | ▼ -0.4 pp |
| 2022 | 58.8% | Rs1.56 Billion | Rs2.66 Billion | Rs2.35 Billion | Rs780.61 Million | ▲ +51.3 pp |
| 2021 | 7.5% | Rs166.53 Million | Rs2.23 Billion | Rs1.38 Billion | Rs1.21 Billion | ▼ -20.9 pp |
| 2020 | 28.4% | Rs542.50 Million | Rs1.91 Billion | Rs2.64 Billion | Rs2.09 Billion | ▼ -15.4 pp |
| 2019 | 43.8% | Rs811.19 Million | Rs1.85 Billion | Rs2.28 Billion | Rs1.47 Billion | ▼ -15.5 pp |
| 2018 | 59.3% | Rs1.04 Billion | Rs1.76 Billion | Rs3.01 Billion | Rs1.96 Billion | ▼ -8.8 pp |
| 2017 | 68.2% | Rs1.11 Billion | Rs1.62 Billion | Rs1.99 Billion | Rs886.89 Million | ▲ +5.1 pp |
| 2016 | 63.0% | Rs966.59 Million | Rs1.53 Billion | Rs1.86 Billion | Rs895.39 Million | ▲ +4.8 pp |
| 2015 | 58.3% | Rs864.48 Million | Rs1.48 Billion | Rs1.59 Billion | Rs730.13 Million | ▲ +5.5 pp |
| 2014 | 52.7% | Rs741.13 Million | Rs1.41 Billion | Rs2.64 Billion | Rs1.90 Billion | ▼ -47.3 pp |
| 2013 | 100.0% | Rs101.25K | Rs101.25K | Rs108.39K | Rs7.14K | — |