National Fertilizers Limited Working Capital to Net Assets Ratio
National Fertilizers Limited working capital to net assets ratio. National Fertilizers Limited (NFL) has a Working Capital to Net Assets ratio of 2.4% as of March 2026. Working capital of Rs688.10 Million (current assets of Rs74.49 Billion minus current liabilities of Rs73.80 Billion) is measured against net assets of Rs28.41 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check NFL tangible net assets 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 National Fertilizers Limited (2005–2026)
Working capital to net assets ratio of National Fertilizers Limited from 2005 to 2026. This chart shows how National Fertilizers Limited's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2005 to 2026. As of March 2026, the ratio stands at 2.4%, reflecting working capital of Rs688.10 Million against net assets of Rs28.41 Billion INR. See NFL cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
National Fertilizers Limited Working Capital to Net Assets Ratio by Year (2005–2026)
National Fertilizers Limited working capital to net assets ratio by year from 2005 to 2026. The table below presents the year-by-year Working Capital to Net Assets ratio for National Fertilizers Limited from 2005 to 2026, covering 22 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 NFL asset base.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 2.4% | Rs688.10 Million | Rs28.41 Billion | Rs74.49 Billion | Rs73.80 Billion | ▲ +1.2 pp |
| 2025 | 1.2% | Rs324.20 Million | Rs27.16 Billion | Rs49.41 Billion | Rs49.09 Billion | ▲ +6.8 pp |
| 2024 | -5.6% | Rs-1.44 Billion | Rs25.54 Billion | Rs66.36 Billion | Rs67.80 Billion | ▼ -28.2 pp |
| 2023 | 22.6% | Rs5.74 Billion | Rs25.42 Billion | Rs79.87 Billion | Rs74.13 Billion | ▲ +14.7 pp |
| 2022 | 7.9% | Rs1.62 Billion | Rs20.47 Billion | Rs57.78 Billion | Rs56.17 Billion | ▲ +0.1 pp |
| 2021 | 7.8% | Rs1.68 Billion | Rs21.40 Billion | Rs34.28 Billion | Rs32.60 Billion | ▼ -8.5 pp |
| 2020 | 16.4% | Rs3.11 Billion | Rs19.02 Billion | Rs98.16 Billion | Rs95.05 Billion | ▼ -27.2 pp |
| 2019 | 43.5% | Rs9.62 Billion | Rs22.10 Billion | Rs94.95 Billion | Rs85.33 Billion | ▲ +6.6 pp |
| 2018 | 37.0% | Rs7.34 Billion | Rs19.86 Billion | Rs52.48 Billion | Rs45.14 Billion | ▲ +2.4 pp |
| 2017 | 34.6% | Rs6.31 Billion | Rs18.25 Billion | Rs57.94 Billion | Rs51.63 Billion | ▼ -18.3 pp |
| 2016 | 52.8% | Rs8.49 Billion | Rs16.07 Billion | Rs69.30 Billion | Rs60.81 Billion | ▲ +6.1 pp |
| 2015 | 46.7% | Rs6.92 Billion | Rs14.81 Billion | Rs72.80 Billion | Rs65.88 Billion | ▼ -8.3 pp |
| 2014 | 55.0% | Rs8.22 Billion | Rs14.94 Billion | Rs66.97 Billion | Rs58.75 Billion | ▲ +23.5 pp |
| 2013 | 31.5% | Rs4.99 Billion | Rs15.84 Billion | Rs42.29 Billion | Rs37.30 Billion | ▲ +13.9 pp |
| 2012 | 17.6% | Rs3.09 Billion | Rs17.54 Billion | Rs30.90 Billion | Rs27.81 Billion | ▼ -32.7 pp |
| 2011 | 50.3% | Rs8.41 Billion | Rs16.72 Billion | Rs20.92 Billion | Rs12.51 Billion | ▼ -31.1 pp |
| 2010 | 81.4% | Rs12.84 Billion | Rs15.78 Billion | Rs20.82 Billion | Rs7.98 Billion | ▲ +38.0 pp |
| 2009 | 43.4% | Rs6.37 Billion | Rs14.69 Billion | Rs15.24 Billion | Rs8.87 Billion | ▼ -0.6 pp |
| 2008 | 44.0% | Rs6.19 Billion | Rs14.08 Billion | Rs14.43 Billion | Rs8.24 Billion | ▼ -29.1 pp |
| 2007 | 73.0% | Rs10.01 Billion | Rs13.71 Billion | Rs16.93 Billion | Rs6.92 Billion | ▲ +15.8 pp |
| 2006 | 57.2% | Rs7.19 Billion | Rs12.56 Billion | Rs12.72 Billion | Rs5.53 Billion | ▲ +28.1 pp |
| 2005 | 29.2% | Rs3.46 Billion | Rs11.86 Billion | Rs12.89 Billion | Rs9.43 Billion | — |