Nitco Limited (NITCO) — Working Capital to Net Assets Ratio
Nitco Limited (NITCO) has a Working Capital to Net Assets ratio of 133.2% as of September 2025. Working capital of Rs4.02 Billion (current assets of Rs8.06 Billion minus current liabilities of Rs4.04 Billion) is measured against net assets of Rs3.02 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can Nitco Limited fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Nitco Limited Working Capital to Net Assets (2006–2025)
This chart shows how Nitco 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 133.2%, reflecting working capital of Rs4.02 Billion against net assets of Rs3.02 Billion INR. For the complete balance sheet picture, see Nitco Limited balance sheet assets.
Annual Working Capital to Net Assets for Nitco Limited (2006–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Nitco 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. Check NITCO financial resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 132.6% | Rs3.27 Billion | Rs2.47 Billion | Rs7.23 Billion | Rs3.96 Billion | ▲ +1.4 pp |
| 2024 | 131.2% | Rs-6.95 Billion | Rs-5.29 Billion | Rs3.63 Billion | Rs10.57 Billion | ▼ -21.5 pp |
| 2023 | 152.7% | Rs-5.60 Billion | Rs-3.67 Billion | Rs4.22 Billion | Rs9.82 Billion | ▼ -48.9 pp |
| 2022 | 201.6% | Rs-4.35 Billion | Rs-2.16 Billion | Rs4.49 Billion | Rs8.84 Billion | ▲ +112.5 pp |
| 2021 | 89.1% | Rs-800.12 Million | Rs-898.09 Million | Rs4.73 Billion | Rs5.53 Billion | ▼ -98.9 pp |
| 2020 | 188.0% | Rs932.40 Million | Rs495.91 Million | Rs5.13 Billion | Rs4.19 Billion | ▼ -39.8 pp |
| 2019 | 227.9% | Rs2.79 Billion | Rs1.22 Billion | Rs7.13 Billion | Rs4.34 Billion | ▲ +7.8 pp |
| 2018 | 220.0% | Rs4.01 Billion | Rs1.82 Billion | Rs7.43 Billion | Rs3.42 Billion | ▼ -46.7 pp |
| 2017 | 266.7% | Rs-2.96 Billion | Rs-1.11 Billion | Rs7.87 Billion | Rs10.84 Billion | ▲ +125.9 pp |
| 2016 | 140.8% | Rs-1.11 Billion | Rs-788.58 Million | Rs8.06 Billion | Rs9.17 Billion | ▲ +276.7 pp |
| 2015 | -135.9% | Rs275.09 Million | Rs-202.38 Million | Rs7.75 Billion | Rs7.47 Billion | ▼ -349.6 pp |
| 2014 | 213.7% | Rs2.27 Billion | Rs1.06 Billion | Rs8.16 Billion | Rs5.89 Billion | ▼ -10.3 pp |
| 2013 | 224.0% | Rs6.45 Billion | Rs2.88 Billion | Rs8.23 Billion | Rs1.78 Billion | ▲ +224.9 pp |
| 2012 | -0.9% | Rs-41.15 Million | Rs4.78 Billion | Rs9.01 Billion | Rs9.05 Billion | ▼ -31.3 pp |
| 2011 | 30.5% | Rs1.64 Billion | Rs5.37 Billion | Rs7.94 Billion | Rs6.31 Billion | ▼ -58.6 pp |
| 2010 | 89.1% | Rs4.57 Billion | Rs5.13 Billion | Rs6.69 Billion | Rs2.13 Billion | ▲ +14.7 pp |
| 2009 | 74.3% | Rs3.88 Billion | Rs5.22 Billion | Rs5.45 Billion | Rs1.58 Billion | ▲ +3.3 pp |
| 2008 | 71.1% | Rs3.53 Billion | Rs4.97 Billion | Rs5.27 Billion | Rs1.74 Billion | ▲ +7.6 pp |
| 2007 | 63.4% | Rs1.87 Billion | Rs2.95 Billion | Rs3.27 Billion | Rs1.40 Billion | ▲ +37.6 pp |
| 2006 | 25.8% | Rs666.05 Million | Rs2.58 Billion | Rs1.82 Billion | Rs1.15 Billion | — |