NMDC Steel Limited (NSLNISP) — Working Capital to Net Assets Ratio
NMDC Steel Limited (NSLNISP) has a Working Capital to Net Assets ratio of -32.5% as of September 2025. Working capital of Rs-42.39 Billion (current assets of Rs56.38 Billion minus current liabilities of Rs98.77 Billion) is measured against net assets of Rs130.25 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See NMDC Steel Limited defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
NMDC Steel Limited Working Capital to Net Assets (2018–2025)
This chart shows how NMDC Steel Limited's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2018 to 2025. As of September 2025, the ratio stands at -32.5%, reflecting working capital of Rs-42.39 Billion against net assets of Rs130.25 Billion INR. For the complete balance sheet picture, see balance sheet size of NMDC Steel Limited.
Annual Working Capital to Net Assets for NMDC Steel Limited (2018–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for NMDC Steel Limited from 2018 to 2025, covering 8 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 NSLNISP 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 | -30.9% | Rs-40.52 Billion | Rs131.14 Billion | Rs58.51 Billion | Rs99.03 Billion | ▼ -30.6 pp |
| 2024 | -0.3% | Rs-497.90 Million | Rs154.88 Billion | Rs70.57 Billion | Rs71.06 Billion | ▼ -14.2 pp |
| 2023 | 13.9% | Rs23.64 Billion | Rs170.49 Billion | Rs45.64 Billion | Rs21.99 Billion | ▲ +21.0 pp |
| 2022 | -7.1% | Rs-12.10 Billion | Rs170.49 Billion | Rs925.60 Million | Rs13.02 Billion | ▼ -107.1 pp |
| 2021 | 100.0% | Rs8.16K | Rs8.16K | Rs39.02K | Rs30.85K | ▲ +0.0 pp |
| 2020 | 100.0% | Rs80.48K | Rs80.48K | Rs116.05K | Rs35.57K | ▲ +0.0 pp |
| 2019 | 100.0% | Rs154.35K | Rs154.35K | Rs185.20K | Rs30.85K | ▲ +0.0 pp |
| 2018 | 100.0% | Rs-237.00K | Rs-237.00K | Rs13.87K | Rs250.87K | — |