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 397.6% as of March 2026. Working capital of Rs120.72 Billion (current assets of Rs121.29 Billion minus current liabilities of Rs568.40 Million) is measured against net assets of Rs30.36 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial agility of MAS Financial Services Limited to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
MAS Financial Services Limited Working Capital to Net Assets (2012–2026)
This chart shows how MAS Financial Services Limited's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2012 to 2026. As of March 2026, the ratio stands at 397.6%, reflecting working capital of Rs120.72 Billion against net assets of Rs30.36 Billion INR. See operational self-sufficiency of MAS Financial Services Limited to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for MAS Financial Services Limited (2012–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for MAS Financial Services Limited from 2012 to 2026, covering 15 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 MAS Financial Services Limited stock valuation.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 397.6% | Rs120.72 Billion | Rs30.36 Billion | Rs121.29 Billion | Rs568.40 Million | ▲ +286.2 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 | — |