Minda Corporation Limited Working Capital to Net Assets Ratio
Minda Corporation Limited working capital to net assets ratio. Minda Corporation Limited (MINDACORP) has a Working Capital to Net Assets ratio of -4.8% as of March 2026. Working capital of Rs-1.28 Billion (current assets of Rs20.18 Billion minus current liabilities of Rs21.45 Billion) is measured against net assets of Rs26.59 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check MINDACORP tangible net worth 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 Minda Corporation Limited (2008–2026)
Working capital to net assets ratio of Minda Corporation Limited from 2008 to 2026. This chart shows how Minda Corporation Limited's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2008 to 2026. As of March 2026, the ratio stands at -4.8%, reflecting working capital of Rs-1.28 Billion against net assets of Rs26.59 Billion INR. See how many days can Minda Corporation Limited fund operations to measure how many days the company can operate on defensive assets alone.
Minda Corporation Limited Working Capital to Net Assets Ratio by Year (2008–2026)
Minda Corporation Limited working capital to net assets ratio by year from 2008 to 2026. The table below presents the year-by-year Working Capital to Net Assets ratio for Minda Corporation Limited from 2008 to 2026, covering 19 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 MINDACORP total assets.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | -4.8% | Rs-1.28 Billion | Rs26.59 Billion | Rs20.18 Billion | Rs21.45 Billion | ▲ +8.1 pp |
| 2025 | -12.9% | Rs-2.85 Billion | Rs22.02 Billion | Rs16.78 Billion | Rs19.62 Billion | ▼ -57.2 pp |
| 2024 | 44.3% | Rs8.77 Billion | Rs19.81 Billion | Rs19.80 Billion | Rs11.02 Billion | ▲ +24.5 pp |
| 2023 | 19.8% | Rs3.15 Billion | Rs15.91 Billion | Rs15.83 Billion | Rs12.69 Billion | ▼ -20.7 pp |
| 2022 | 40.5% | Rs5.38 Billion | Rs13.30 Billion | Rs15.45 Billion | Rs10.07 Billion | ▲ +0.6 pp |
| 2021 | 39.9% | Rs4.58 Billion | Rs11.47 Billion | Rs14.86 Billion | Rs10.29 Billion | ▲ +3.2 pp |
| 2020 | 36.7% | Rs3.58 Billion | Rs9.75 Billion | Rs15.26 Billion | Rs11.68 Billion | ▲ +5.1 pp |
| 2019 | 31.6% | Rs3.78 Billion | Rs11.95 Billion | Rs14.49 Billion | Rs10.71 Billion | ▲ +14.6 pp |
| 2018 | 17.1% | Rs1.26 Billion | Rs7.41 Billion | Rs11.29 Billion | Rs10.02 Billion | ▲ +5.9 pp |
| 2017 | 11.2% | Rs694.00 Million | Rs6.22 Billion | Rs7.84 Billion | Rs7.14 Billion | ▲ +4.2 pp |
| 2016 | 7.0% | Rs441.33 Million | Rs6.31 Billion | Rs10.07 Billion | Rs9.62 Billion | ▼ -5.9 pp |
| 2015 | 12.8% | Rs630.49 Million | Rs4.91 Billion | Rs7.86 Billion | Rs7.23 Billion | ▲ +1.9 pp |
| 2014 | 11.0% | Rs427.37 Million | Rs3.89 Billion | Rs7.30 Billion | Rs6.88 Billion | ▲ +7.1 pp |
| 2013 | 3.8% | Rs134.44 Million | Rs3.51 Billion | Rs7.16 Billion | Rs7.02 Billion | ▼ -4.6 pp |
| 2012 | 8.5% | Rs301.76 Million | Rs3.56 Billion | Rs6.70 Billion | Rs6.39 Billion | ▼ -16.9 pp |
| 2011 | 25.4% | Rs683.79 Million | Rs2.69 Billion | Rs4.10 Billion | Rs3.41 Billion | ▼ -125.0 pp |
| 2010 | 150.4% | Rs1.09 Billion | Rs726.45 Million | Rs2.25 Billion | Rs1.16 Billion | ▲ +14.4 pp |
| 2009 | 136.0% | Rs764.43 Million | Rs562.06 Million | Rs1.54 Billion | Rs774.55 Million | ▲ +122.8 pp |
| 2008 | 13.2% | Rs45.63 Million | Rs346.62 Million | Rs396.37 Million | Rs350.74 Million | — |