Neogen Chemicals Limited (NEOGEN) — Working Capital to Net Assets Ratio
Neogen Chemicals Limited (NEOGEN) has a Working Capital to Net Assets ratio of 60.3% as of September 2025. Working capital of Rs4.82 Billion (current assets of Rs13.19 Billion minus current liabilities of Rs8.37 Billion) is measured against net assets of Rs8.00 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Neogen Chemicals Limited (NEOGEN) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Neogen Chemicals Limited Working Capital to Net Assets (2014–2025)
This chart shows how Neogen Chemicals Limited's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2014 to 2025. As of September 2025, the ratio stands at 60.3%, reflecting working capital of Rs4.82 Billion against net assets of Rs8.00 Billion INR. Check Neogen Chemicals Limited tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Neogen Chemicals Limited (2014–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Neogen Chemicals Limited from 2014 to 2025, covering 12 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 NEOGEN market cap overview.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 33.8% | Rs2.66 Billion | Rs7.89 Billion | Rs10.00 Billion | Rs7.33 Billion | ▼ 0.0 pp |
| 2024 | 33.8% | Rs2.57 Billion | Rs7.60 Billion | Rs7.84 Billion | Rs5.27 Billion | ▼ -17.2 pp |
| 2023 | 51.0% | Rs2.46 Billion | Rs4.83 Billion | Rs6.56 Billion | Rs4.10 Billion | ▼ -11.5 pp |
| 2022 | 62.5% | Rs2.74 Billion | Rs4.39 Billion | Rs4.92 Billion | Rs2.18 Billion | ▲ +28.5 pp |
| 2021 | 34.0% | Rs622.25 Million | Rs1.83 Billion | Rs2.40 Billion | Rs1.78 Billion | ▼ -18.0 pp |
| 2020 | 52.0% | Rs811.95 Million | Rs1.56 Billion | Rs2.31 Billion | Rs1.50 Billion | ▼ -9.3 pp |
| 2019 | 61.3% | Rs430.24 Million | Rs702.01 Million | Rs1.60 Billion | Rs1.17 Billion | ▲ +14.9 pp |
| 2018 | 46.3% | Rs231.98 Million | Rs500.62 Million | Rs1.07 Billion | Rs835.67 Million | ▼ -8.4 pp |
| 2017 | 54.8% | Rs231.35 Million | Rs422.28 Million | Rs897.21 Million | Rs665.86 Million | ▼ -0.9 pp |
| 2016 | 55.7% | Rs153.40 Million | Rs275.49 Million | Rs609.17 Million | Rs455.77 Million | ▼ -8.5 pp |
| 2015 | 64.2% | Rs150.74 Million | Rs234.87 Million | Rs530.75 Million | Rs380.01 Million | ▲ +16.2 pp |
| 2014 | 48.0% | Rs94.04 Million | Rs195.93 Million | Rs461.52 Million | Rs367.48 Million | — |