MSP Steel & Power Limited (MSPL) — Working Capital to Net Assets Ratio
MSP Steel & Power Limited (MSPL) has a Working Capital to Net Assets ratio of 11.6% as of March 2026. Working capital of Rs1.20 Billion (current assets of Rs8.04 Billion minus current liabilities of Rs6.85 Billion) is measured against net assets of Rs10.30 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See MSP Steel & Power Limited liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
MSP Steel & Power Limited Working Capital to Net Assets (2006–2026)
This chart shows how MSP Steel & Power Limited's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2006 to 2026. As of March 2026, the ratio stands at 11.6%, reflecting working capital of Rs1.20 Billion against net assets of Rs10.30 Billion INR. For the complete balance sheet picture, see MSPL current and non-current assets.
Annual Working Capital to Net Assets for MSP Steel & Power Limited (2006–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for MSP Steel & Power Limited from 2006 to 2026, covering 21 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. Check MSP Steel & Power Limited liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 11.6% | Rs1.20 Billion | Rs10.30 Billion | Rs8.04 Billion | Rs6.85 Billion | ▼ -2.5 pp |
| 2025 | 14.1% | Rs1.38 Billion | Rs9.79 Billion | Rs6.73 Billion | Rs5.34 Billion | ▼ -13.4 pp |
| 2024 | 27.5% | Rs1.60 Billion | Rs5.83 Billion | Rs7.36 Billion | Rs5.76 Billion | ▲ +0.1 pp |
| 2023 | 27.4% | Rs1.56 Billion | Rs5.70 Billion | Rs7.30 Billion | Rs5.74 Billion | ▼ -11.4 pp |
| 2022 | 38.8% | Rs2.40 Billion | Rs6.19 Billion | Rs8.45 Billion | Rs6.05 Billion | ▲ +4.0 pp |
| 2021 | 34.8% | Rs2.06 Billion | Rs5.92 Billion | Rs5.81 Billion | Rs3.75 Billion | ▲ +7.0 pp |
| 2020 | 27.8% | Rs1.65 Billion | Rs5.94 Billion | Rs7.42 Billion | Rs5.77 Billion | ▲ +2.3 pp |
| 2019 | 25.5% | Rs1.70 Billion | Rs6.65 Billion | Rs6.38 Billion | Rs4.68 Billion | ▲ +4.6 pp |
| 2018 | 20.9% | Rs1.43 Billion | Rs6.83 Billion | Rs6.58 Billion | Rs5.15 Billion | ▼ -3.6 pp |
| 2017 | 24.5% | Rs1.04 Billion | Rs4.23 Billion | Rs6.12 Billion | Rs5.08 Billion | ▼ 0.0 pp |
| 2016 | 24.5% | Rs1.35 Billion | Rs5.49 Billion | Rs5.45 Billion | Rs4.10 Billion | ▼ -2.4 pp |
| 2015 | 27.0% | Rs1.66 Billion | Rs6.16 Billion | Rs6.30 Billion | Rs4.64 Billion | ▲ +23.0 pp |
| 2014 | 3.9% | Rs291.19 Million | Rs7.39 Billion | Rs7.72 Billion | Rs7.43 Billion | ▲ +0.0 pp |
| 2013 | 3.9% | Rs279.85 Million | Rs7.17 Billion | Rs7.79 Billion | Rs7.52 Billion | ▲ +61.2 pp |
| 2012 | -57.3% | Rs-2.32 Billion | Rs4.06 Billion | Rs3.71 Billion | Rs6.04 Billion | ▼ -34.4 pp |
| 2011 | -22.9% | Rs-732.12 Million | Rs3.20 Billion | Rs2.69 Billion | Rs3.42 Billion | ▼ -93.9 pp |
| 2010 | 71.0% | Rs1.59 Billion | Rs2.23 Billion | Rs2.28 Billion | Rs690.77 Million | ▲ +77.4 pp |
| 2009 | -6.5% | Rs-109.33 Million | Rs1.69 Billion | Rs1.43 Billion | Rs1.54 Billion | ▼ -98.5 pp |
| 2008 | 92.0% | Rs1.19 Billion | Rs1.30 Billion | Rs1.82 Billion | Rs620.47 Million | ▲ +11.4 pp |
| 2007 | 80.6% | Rs670.66 Million | Rs831.98 Million | Rs820.89 Million | Rs150.23 Million | ▲ +58.7 pp |
| 2006 | 21.9% | Rs138.19 Million | Rs630.20 Million | Rs482.22 Million | Rs344.03 Million | — |