MM Forgings Limited Working Capital to Net Assets Ratio
MM Forgings Limited working capital to net assets ratio. MM Forgings Limited (MMFL) has a Working Capital to Net Assets ratio of 27.8% as of September 2025. Working capital of Rs2.58 Billion (current assets of Rs10.61 Billion minus current liabilities of Rs8.03 Billion) is measured against net assets of Rs9.27 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check MMFL goodwill-adjusted equity 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 MM Forgings Limited (2006–2025)
Working capital to net assets ratio of MM Forgings Limited from 2006 to 2025. This chart shows how MM Forgings Limited's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2006 to 2025. As of September 2025, the ratio stands at 27.8%, reflecting working capital of Rs2.58 Billion against net assets of Rs9.27 Billion INR. See MM Forgings Limited defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
MM Forgings Limited Working Capital to Net Assets Ratio by Year (2006–2025)
MM Forgings Limited working capital to net assets ratio by year from 2006 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for MM Forgings Limited from 2006 to 2025, covering 20 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 MM Forgings Limited balance sheet assets.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 19.5% | Rs1.74 Billion | Rs8.92 Billion | Rs9.66 Billion | Rs7.92 Billion | ▲ +3.8 pp |
| 2024 | 15.7% | Rs1.23 Billion | Rs7.89 Billion | Rs8.66 Billion | Rs7.43 Billion | ▼ -1.8 pp |
| 2023 | 17.5% | Rs1.18 Billion | Rs6.73 Billion | Rs7.40 Billion | Rs6.23 Billion | ▼ -9.2 pp |
| 2022 | 26.7% | Rs1.49 Billion | Rs5.60 Billion | Rs6.19 Billion | Rs4.69 Billion | ▲ +10.9 pp |
| 2021 | 15.8% | Rs768.86 Million | Rs4.87 Billion | Rs5.12 Billion | Rs4.35 Billion | ▲ +6.0 pp |
| 2020 | 9.8% | Rs445.83 Million | Rs4.55 Billion | Rs3.56 Billion | Rs3.11 Billion | ▼ -22.9 pp |
| 2019 | 32.7% | Rs1.40 Billion | Rs4.27 Billion | Rs4.99 Billion | Rs3.60 Billion | ▲ +1.1 pp |
| 2018 | 31.6% | Rs1.15 Billion | Rs3.63 Billion | Rs3.87 Billion | Rs2.73 Billion | ▲ +2.2 pp |
| 2017 | 29.4% | Rs925.18 Million | Rs3.15 Billion | Rs2.38 Billion | Rs1.46 Billion | ▼ -3.2 pp |
| 2016 | 32.6% | Rs911.65 Million | Rs2.80 Billion | Rs2.37 Billion | Rs1.45 Billion | ▼ -0.4 pp |
| 2015 | 33.0% | Rs785.52 Million | Rs2.38 Billion | Rs2.18 Billion | Rs1.39 Billion | ▲ +24.9 pp |
| 2014 | 8.1% | Rs157.96 Million | Rs1.96 Billion | Rs1.51 Billion | Rs1.35 Billion | ▲ +3.0 pp |
| 2013 | 5.1% | Rs87.75 Million | Rs1.72 Billion | Rs1.46 Billion | Rs1.38 Billion | ▼ -22.2 pp |
| 2012 | 27.3% | Rs414.06 Million | Rs1.52 Billion | Rs1.37 Billion | Rs956.58 Million | ▼ -64.9 pp |
| 2011 | 92.2% | Rs1.19 Billion | Rs1.29 Billion | Rs1.43 Billion | Rs241.64 Million | ▲ +21.7 pp |
| 2010 | 70.4% | Rs731.48 Million | Rs1.04 Billion | Rs900.06 Million | Rs168.58 Million | ▼ -9.3 pp |
| 2009 | 79.7% | Rs760.78 Million | Rs954.23 Million | Rs863.84 Million | Rs103.05 Million | ▼ -6.1 pp |
| 2008 | 85.8% | Rs750.45 Million | Rs874.24 Million | Rs974.31 Million | Rs223.86 Million | ▲ +18.5 pp |
| 2007 | 67.3% | Rs515.14 Million | Rs765.29 Million | Rs661.89 Million | Rs146.75 Million | ▼ -15.4 pp |
| 2006 | 82.7% | Rs535.43 Million | Rs647.33 Million | Rs714.22 Million | Rs178.79 Million | — |