Marine Electricals (India) Limited (MARINE) — Working Capital to Net Assets Ratio
Marine Electricals (India) Limited (MARINE) has a Working Capital to Net Assets ratio of 79.5% as of March 2026. Working capital of Rs3.99 Billion (current assets of Rs7.56 Billion minus current liabilities of Rs3.57 Billion) is measured against net assets of Rs5.02 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See MARINE financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Marine Electricals (India) Limited Working Capital to Net Assets (2014–2026)
This chart shows how Marine Electricals (India) Limited's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2014 to 2026. As of March 2026, the ratio stands at 79.5%, reflecting working capital of Rs3.99 Billion against net assets of Rs5.02 Billion INR. See Marine Electricals (India) Limited defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Marine Electricals (India) Limited (2014–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Marine Electricals (India) Limited from 2014 to 2026, covering 13 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 MARINE market cap overview.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 79.5% | Rs3.99 Billion | Rs5.02 Billion | Rs7.56 Billion | Rs3.57 Billion | ▼ -0.5 pp |
| 2025 | 80.0% | Rs3.26 Billion | Rs4.08 Billion | Rs6.12 Billion | Rs2.86 Billion | ▲ +18.2 pp |
| 2024 | 61.8% | Rs1.58 Billion | Rs2.56 Billion | Rs4.86 Billion | Rs3.28 Billion | ▼ -1.1 pp |
| 2023 | 62.9% | Rs1.35 Billion | Rs2.15 Billion | Rs3.59 Billion | Rs2.24 Billion | ▼ -3.1 pp |
| 2022 | 66.0% | Rs1.20 Billion | Rs1.82 Billion | Rs3.04 Billion | Rs1.84 Billion | ▼ -5.7 pp |
| 2021 | 71.7% | Rs1.22 Billion | Rs1.70 Billion | Rs3.23 Billion | Rs2.01 Billion | ▲ +4.5 pp |
| 2020 | 67.2% | Rs1.09 Billion | Rs1.62 Billion | Rs3.17 Billion | Rs2.08 Billion | ▼ -2.6 pp |
| 2019 | 69.7% | Rs1.12 Billion | Rs1.61 Billion | Rs3.08 Billion | Rs1.96 Billion | ▲ +30.3 pp |
| 2018 | 39.4% | Rs402.66 Million | Rs1.02 Billion | Rs2.85 Billion | Rs2.45 Billion | ▲ +3.7 pp |
| 2017 | 35.7% | Rs287.00 Million | Rs803.79 Million | Rs1.65 Billion | Rs1.36 Billion | ▼ -10.6 pp |
| 2016 | 46.3% | Rs299.55 Million | Rs647.42 Million | Rs1.03 Billion | Rs730.93 Million | ▲ +3.8 pp |
| 2015 | 42.5% | Rs232.16 Million | Rs546.63 Million | Rs1.00 Billion | Rs772.05 Million | ▼ -4.0 pp |
| 2014 | 46.5% | Rs214.47 Million | Rs461.05 Million | Rs808.08 Million | Rs593.61 Million | — |