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 77.7% as of September 2025. Working capital of Rs3.41 Billion (current assets of Rs6.33 Billion minus current liabilities of Rs2.92 Billion) is measured against net assets of Rs4.38 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Marine Electricals (India) Limited balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Marine Electricals (India) Limited Working Capital to Net Assets (2014–2025)
This chart shows how Marine Electricals (India) Limited's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2014 to 2025. As of September 2025, the ratio stands at 77.7%, reflecting working capital of Rs3.41 Billion against net assets of Rs4.38 Billion INR. Check tangible net worth ratio of Marine Electricals (India) Limited to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Marine Electricals (India) Limited (2014–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Marine Electricals (India) Limited from 2014 to 2025, covering 12 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.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (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 | — |