MAS Financial Services Limited (MASFIN) — Working Capital to Net Assets Ratio
MAS Financial Services Limited (MASFIN) has a Working Capital to Net Assets ratio of 111.4% as of March 2025. Working capital of Rs29.52 Billion (current assets of Rs73.10 Billion minus current liabilities of Rs43.57 Billion) is measured against net assets of Rs26.50 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See MASFIN net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
MAS Financial Services Limited Working Capital to Net Assets (2012–2025)
This chart shows how MAS Financial Services Limited's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2012 to 2025. As of March 2025, the ratio stands at 111.4%, reflecting working capital of Rs29.52 Billion against net assets of Rs26.50 Billion INR. Check MAS Financial Services Limited tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for MAS Financial Services Limited (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for MAS Financial Services Limited from 2012 to 2025, 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. For live market cap and the full company profile, see MASFIN market cap.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 111.4% | Rs29.52 Billion | Rs26.50 Billion | Rs73.10 Billion | Rs43.57 Billion | ▼ -18.5 pp |
| 2024 | 129.9% | Rs23.63 Billion | Rs18.19 Billion | Rs59.24 Billion | Rs35.62 Billion | ▼ -325.7 pp |
| 2023 | 455.7% | Rs70.38 Billion | Rs15.45 Billion | Rs70.57 Billion | Rs185.80 Million | ▲ +382.3 pp |
| 2022 | 73.4% | Rs9.83 Billion | Rs13.40 Billion | Rs39.20 Billion | Rs29.37 Billion | ▲ +30.8 pp |
| 2021 | 42.6% | Rs5.11 Billion | Rs12.00 Billion | Rs34.87 Billion | Rs29.75 Billion | ▲ +12.3 pp |
| 2020 | 30.3% | Rs3.23 Billion | Rs10.66 Billion | Rs27.76 Billion | Rs24.53 Billion | ▼ -284.0 pp |
| 2019 | 314.3% | Rs29.54 Billion | Rs9.40 Billion | Rs39.28 Billion | Rs9.74 Billion | ▲ +311.7 pp |
| 2018 | 2.6% | Rs188.54 Million | Rs7.35 Billion | Rs14.46 Billion | Rs14.27 Billion | ▼ -872.0 pp |
| 2017 | 874.6% | Rs16.61 Billion | Rs1.90 Billion | Rs21.81 Billion | Rs5.20 Billion | ▲ +797.5 pp |
| 2016 | 77.1% | Rs1.88 Billion | Rs2.44 Billion | Rs13.40 Billion | Rs11.52 Billion | ▲ +62.8 pp |
| 2015 | 14.2% | Rs294.32 Million | Rs2.07 Billion | Rs11.36 Billion | Rs11.06 Billion | ▲ +0.1 pp |
| 2014 | 14.1% | Rs250.25 Million | Rs1.77 Billion | Rs7.74 Billion | Rs7.49 Billion | ▼ -3.0 pp |
| 2013 | 17.1% | Rs259.75 Million | Rs1.52 Billion | Rs5.51 Billion | Rs5.25 Billion | ▼ -75.9 pp |
| 2012 | 92.9% | Rs1.20 Billion | Rs1.29 Billion | Rs4.87 Billion | Rs3.66 Billion | — |