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 NITCO free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
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. See Nitco Limited defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
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. For live market cap and the full company profile, see NITCO company net worth.
| 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 | — |