Max Healthcare Institute Limited (MAXHEALTH) — Working Capital to Net Assets Ratio
Max Healthcare Institute Limited (MAXHEALTH) has a Working Capital to Net Assets ratio of -4.4% as of September 2025. Working capital of Rs-4.39 Billion (current assets of Rs16.79 Billion minus current liabilities of Rs21.18 Billion) is measured against net assets of Rs100.52 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Max Healthcare Institute Limited net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Max Healthcare Institute Limited Working Capital to Net Assets (2014–2025)
This chart shows how Max Healthcare Institute 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 -4.4%, reflecting working capital of Rs-4.39 Billion against net assets of Rs100.52 Billion INR. Check MAXHEALTH goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Max Healthcare Institute Limited (2014–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Max Healthcare Institute 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 Max Healthcare Institute Limited (MAXHEALTH) market capitalisation.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -2.4% | Rs-2.21 Billion | Rs93.81 Billion | Rs15.93 Billion | Rs18.14 Billion | ▼ -7.8 pp |
| 2024 | 5.4% | Rs4.57 Billion | Rs84.08 Billion | Rs17.06 Billion | Rs12.49 Billion | ▼ -6.7 pp |
| 2023 | 12.1% | Rs8.97 Billion | Rs74.10 Billion | Rs19.43 Billion | Rs10.46 Billion | ▲ +8.2 pp |
| 2022 | 3.9% | Rs2.43 Billion | Rs62.82 Billion | Rs10.00 Billion | Rs7.57 Billion | ▼ -2.3 pp |
| 2021 | 6.2% | Rs3.48 Billion | Rs56.39 Billion | Rs11.24 Billion | Rs7.77 Billion | ▲ +77.7 pp |
| 2020 | -71.5% | Rs-7.06 Billion | Rs9.87 Billion | Rs7.68 Billion | Rs14.74 Billion | ▲ +0.4 pp |
| 2019 | -71.9% | Rs-6.93 Billion | Rs9.63 Billion | Rs4.47 Billion | Rs11.40 Billion | ▼ -67.6 pp |
| 2018 | -4.3% | Rs-443.50 Million | Rs10.34 Billion | Rs4.32 Billion | Rs4.77 Billion | ▼ -1.2 pp |
| 2017 | -3.1% | Rs-338.30 Million | Rs11.06 Billion | Rs3.49 Billion | Rs3.83 Billion | ▲ +8.6 pp |
| 2016 | -11.7% | Rs-1.32 Billion | Rs11.28 Billion | Rs2.90 Billion | Rs4.22 Billion | ▼ -24.2 pp |
| 2015 | 12.5% | Rs1.08 Billion | Rs8.63 Billion | Rs3.91 Billion | Rs2.82 Billion | ▲ +25.7 pp |
| 2014 | -13.2% | Rs-723.80 Million | Rs5.49 Billion | Rs2.33 Billion | Rs3.05 Billion | — |