MIC Electronics Limited Working Capital to Net Assets Ratio
MIC Electronics Limited working capital to net assets ratio. MIC Electronics Limited (MICEL) has a Working Capital to Net Assets ratio of 53.6% as of March 2026. Working capital of Rs1.16 Billion (current assets of Rs2.43 Billion minus current liabilities of Rs1.27 Billion) is measured against net assets of Rs2.17 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check MIC Electronics Limited tangible book value ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of MIC Electronics Limited (2004–2026)
Working capital to net assets ratio of MIC Electronics Limited from 2004 to 2026. This chart shows how MIC Electronics Limited's Working Capital to Net Assets ratio has evolved across 23 annual periods from 2004 to 2026. As of March 2026, the ratio stands at 53.6%, reflecting working capital of Rs1.16 Billion against net assets of Rs2.17 Billion INR. See MICEL days of operational coverage to measure how many days the company can operate on defensive assets alone.
MIC Electronics Limited Working Capital to Net Assets Ratio by Year (2004–2026)
MIC Electronics Limited working capital to net assets ratio by year from 2004 to 2026. The table below presents the year-by-year Working Capital to Net Assets ratio for MIC Electronics Limited from 2004 to 2026, covering 23 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 the complete balance sheet picture, see balance sheet size of MIC Electronics Limited.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 53.6% | Rs1.16 Billion | Rs2.17 Billion | Rs2.43 Billion | Rs1.27 Billion | ▲ +10.7 pp |
| 2025 | 42.9% | Rs954.65 Million | Rs2.23 Billion | Rs1.74 Billion | Rs782.61 Million | ▲ +7.9 pp |
| 2024 | 35.0% | Rs426.65 Million | Rs1.22 Billion | Rs610.79 Million | Rs184.14 Million | ▲ +17.1 pp |
| 2023 | 17.9% | Rs114.41 Million | Rs640.20 Million | Rs244.57 Million | Rs130.17 Million | ▼ -4.4 pp |
| 2022 | 22.3% | Rs142.11 Million | Rs637.74 Million | Rs230.70 Million | Rs88.59 Million | ▲ +489.2 pp |
| 2021 | -466.9% | Rs-233.80 Million | Rs50.07 Million | Rs104.84 Million | Rs338.63 Million | ▼ -640.1 pp |
| 2020 | 173.2% | Rs-2.21 Billion | Rs-1.28 Billion | Rs648.61 Million | Rs2.86 Billion | ▼ -23.3 pp |
| 2019 | 196.5% | Rs-2.05 Billion | Rs-1.04 Billion | Rs751.78 Million | Rs2.80 Billion | ▼ -43.2 pp |
| 2018 | 239.8% | Rs-1.85 Billion | Rs-773.55 Million | Rs899.02 Million | Rs2.75 Billion | ▲ +199.4 pp |
| 2017 | 40.4% | Rs1.30 Billion | Rs3.22 Billion | Rs2.77 Billion | Rs1.47 Billion | ▲ +35.4 pp |
| 2016 | 5.0% | Rs114.42 Million | Rs2.31 Billion | Rs2.48 Billion | Rs2.37 Billion | ▼ -33.9 pp |
| 2015 | 38.9% | Rs1.21 Billion | Rs3.10 Billion | Rs3.70 Billion | Rs2.49 Billion | ▲ +12.4 pp |
| 2014 | 26.5% | Rs792.83 Million | Rs3.00 Billion | Rs3.50 Billion | Rs2.70 Billion | ▼ -12.7 pp |
| 2013 | 39.2% | Rs1.35 Billion | Rs3.45 Billion | Rs3.70 Billion | Rs2.35 Billion | ▼ -1.1 pp |
| 2012 | 40.3% | Rs1.47 Billion | Rs3.64 Billion | Rs3.45 Billion | Rs1.98 Billion | ▼ -33.4 pp |
| 2011 | 73.7% | Rs3.11 Billion | Rs4.22 Billion | Rs3.82 Billion | Rs714.51 Million | ▲ +6.4 pp |
| 2010 | 67.4% | Rs2.68 Billion | Rs3.97 Billion | Rs3.40 Billion | Rs728.39 Million | ▼ -4.6 pp |
| 2009 | 72.0% | Rs2.40 Billion | Rs3.33 Billion | Rs3.12 Billion | Rs717.02 Million | ▲ +8.6 pp |
| 2008 | 63.4% | Rs1.73 Billion | Rs2.73 Billion | Rs2.56 Billion | Rs827.65 Million | ▼ -12.5 pp |
| 2007 | 75.9% | Rs1.28 Billion | Rs1.68 Billion | Rs2.23 Billion | Rs954.73 Million | ▲ +3.7 pp |
| 2006 | 72.2% | Rs356.90 Million | Rs494.00 Million | Rs535.78 Million | Rs178.88 Million | ▲ +17.9 pp |
| 2005 | 54.3% | Rs104.48 Million | Rs192.34 Million | Rs192.74 Million | Rs88.26 Million | ▼ -23.7 pp |
| 2004 | 78.0% | Rs130.96 Million | Rs167.79 Million | Rs204.23 Million | Rs73.27 Million | — |