Mahanagar Telephone Nigam Limited (MTNL) — Working Capital to Net Assets Ratio

Latest as of September 2025: 33.8%

Mahanagar Telephone Nigam Limited (MTNL) has a Working Capital to Net Assets ratio of 33.8% as of September 2025. Working capital of Rs-97.40 Billion (current assets of Rs48.23 Billion minus current liabilities of Rs145.64 Billion) is measured against net assets of Rs-287.99 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Mahanagar Telephone Nigam Limited balance sheet quality to measure how much of total assets are equity-financed.

WC/NA Ratio

33.8%
Working Capital / Net Assets

Working Capital

Rs-97.40 Billion
INR

Current Assets

Rs48.23 Billion
INR

Current Liabilities

Rs145.64 Billion
INR

Mahanagar Telephone Nigam Limited Working Capital to Net Assets (2002–2025)

This chart shows how Mahanagar Telephone Nigam Limited's Working Capital to Net Assets ratio has evolved across 24 annual periods from 2002 to 2025. As of September 2025, the ratio stands at 33.8%, reflecting working capital of Rs-97.40 Billion against net assets of Rs-287.99 Billion INR. Check Mahanagar Telephone Nigam Limited tangible book value ratio to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for Mahanagar Telephone Nigam Limited (2002–2025)

The table below presents the year-by-year Working Capital to Net Assets ratio for Mahanagar Telephone Nigam Limited from 2002 to 2025, covering 24 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 MTNL market cap overview.

Year WC/NA Ratio Working Capital (INR) Net Assets Current Assets Current Liabilities Change (pp)
2025 28.4% Rs-76.51 Billion Rs-269.19 Billion Rs53.43 Billion Rs129.94 Billion ▲ +9.9 pp
2024 18.5% Rs-43.75 Billion Rs-236.44 Billion Rs53.91 Billion Rs97.66 Billion ▼ -12.9 pp
2023 31.4% Rs-65.44 Billion Rs-208.55 Billion Rs57.94 Billion Rs123.38 Billion ▼ -10.4 pp
2022 41.8% Rs-78.05 Billion Rs-186.68 Billion Rs58.09 Billion Rs136.14 Billion ▲ +14.8 pp
2021 27.0% Rs-43.34 Billion Rs-160.45 Billion Rs61.82 Billion Rs105.16 Billion ▼ -34.8 pp
2020 61.8% Rs-83.93 Billion Rs-135.82 Billion Rs85.33 Billion Rs169.27 Billion ▲ +2.1 pp
2019 59.7% Rs-58.06 Billion Rs-97.28 Billion Rs57.66 Billion Rs115.72 Billion ▼ -3.9 pp
2018 63.6% Rs-40.31 Billion Rs-63.37 Billion Rs50.24 Billion Rs90.55 Billion ▼ -104.4 pp
2017 168.0% Rs-56.68 Billion Rs-33.74 Billion Rs49.46 Billion Rs106.13 Billion ▲ +55687.7 pp
2016 -55519.7% Rs-106.32 Billion Rs191.50 Million Rs21.73 Billion Rs128.06 Billion ▼ -55135.1 pp
2015 -384.6% Rs-79.18 Billion Rs20.59 Billion Rs21.75 Billion Rs100.93 Billion ▼ -247.1 pp
2014 -137.6% Rs-69.37 Billion Rs50.43 Billion Rs24.16 Billion Rs93.53 Billion ▼ -374.6 pp
2013 237.0% Rs-66.09 Billion Rs-27.88 Billion Rs17.26 Billion Rs83.34 Billion ▼ -113.4 pp
2012 350.4% Rs-48.71 Billion Rs-13.90 Billion Rs15.03 Billion Rs63.74 Billion ▲ +506.0 pp
2011 -155.6% Rs-43.21 Billion Rs27.77 Billion Rs39.07 Billion Rs82.28 Billion ▼ -24.0 pp
2010 -131.6% Rs-79.86 Billion Rs60.67 Billion Rs94.41 Billion Rs174.27 Billion ▼ -170.5 pp
2009 38.9% Rs34.52 Billion Rs88.79 Billion Rs89.45 Billion Rs54.93 Billion ▲ +9.7 pp
2008 29.2% Rs25.76 Billion Rs88.36 Billion Rs78.04 Billion Rs52.28 Billion ▲ +4.2 pp
2007 24.9% Rs22.21 Billion Rs89.08 Billion Rs67.70 Billion Rs45.49 Billion ▲ +13.8 pp
2006 11.2% Rs9.00 Billion Rs80.61 Billion Rs48.84 Billion Rs39.84 Billion ▼ -20.9 pp
2005 32.0% Rs26.72 Billion Rs83.41 Billion Rs73.54 Billion Rs46.81 Billion ▲ +12.2 pp
2004 19.8% Rs16.01 Billion Rs80.78 Billion Rs74.27 Billion Rs58.26 Billion ▼ -13.2 pp
2003 33.0% Rs25.21 Billion Rs76.45 Billion Rs73.60 Billion Rs48.39 Billion ▲ +105.6 pp
2002 -72.6% Rs-58.83 Billion Rs81.03 Billion Rs19.47 Billion Rs78.30 Billion —
pp = percentage points