NTPC Limited (NTPC) — Working Capital to Net Assets Ratio
NTPC Limited (NTPC) has a Working Capital to Net Assets ratio of -7.0% as of September 2025. Working capital of Rs-139.49 Billion (current assets of Rs896.97 Billion minus current liabilities of Rs1.04 Trillion) is measured against net assets of Rs2.00 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial agility of NTPC Limited to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
NTPC Limited Working Capital to Net Assets (2005–2025)
This chart shows how NTPC Limited's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of September 2025, the ratio stands at -7.0%, reflecting working capital of Rs-139.49 Billion against net assets of Rs2.00 Trillion INR. See how many days can NTPC Limited fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for NTPC Limited (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for NTPC Limited from 2005 to 2025, covering 21 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 how much is NTPC Limited worth.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -4.2% | Rs-80.21 Billion | Rs1.91 Trillion | Rs930.52 Billion | Rs1.01 Trillion | ▲ +5.0 pp |
| 2024 | -9.2% | Rs-152.51 Billion | Rs1.65 Trillion | Rs831.53 Billion | Rs984.04 Billion | ▲ +1.3 pp |
| 2023 | -10.5% | Rs-159.13 Billion | Rs1.51 Trillion | Rs699.07 Billion | Rs858.20 Billion | ▲ +2.7 pp |
| 2022 | -13.2% | Rs-183.98 Billion | Rs1.39 Trillion | Rs581.95 Billion | Rs765.92 Billion | ▼ -2.5 pp |
| 2021 | -10.7% | Rs-138.29 Billion | Rs1.29 Trillion | Rs568.17 Billion | Rs706.46 Billion | ▼ -4.6 pp |
| 2020 | -6.1% | Rs-74.32 Billion | Rs1.22 Trillion | Rs569.06 Billion | Rs643.38 Billion | ▲ +6.8 pp |
| 2019 | -12.9% | Rs-142.31 Billion | Rs1.11 Trillion | Rs454.99 Billion | Rs597.30 Billion | ▼ -6.7 pp |
| 2018 | -6.1% | Rs-64.01 Billion | Rs1.05 Trillion | Rs392.49 Billion | Rs456.50 Billion | ▲ +3.0 pp |
| 2017 | -9.2% | Rs-90.34 Billion | Rs986.41 Billion | Rs300.10 Billion | Rs390.44 Billion | ▼ -3.1 pp |
| 2016 | -6.0% | Rs-55.34 Billion | Rs920.36 Billion | Rs345.57 Billion | Rs400.90 Billion | ▼ -12.6 pp |
| 2015 | 6.6% | Rs55.85 Billion | Rs843.76 Billion | Rs417.92 Billion | Rs362.06 Billion | ▼ -9.6 pp |
| 2014 | 16.3% | Rs145.75 Billion | Rs896.20 Billion | Rs443.86 Billion | Rs298.12 Billion | ▼ -5.3 pp |
| 2013 | 21.6% | Rs179.81 Billion | Rs833.65 Billion | Rs448.19 Billion | Rs268.38 Billion | ▼ -7.8 pp |
| 2012 | 29.4% | Rs220.03 Billion | Rs748.71 Billion | Rs428.05 Billion | Rs208.02 Billion | ▼ -3.7 pp |
| 2011 | 33.1% | Rs227.71 Billion | Rs688.70 Billion | Rs380.45 Billion | Rs152.74 Billion | ▲ +0.8 pp |
| 2010 | 32.3% | Rs203.07 Billion | Rs629.07 Billion | Rs332.15 Billion | Rs129.08 Billion | ▼ -1.8 pp |
| 2009 | 34.1% | Rs204.30 Billion | Rs599.51 Billion | Rs324.63 Billion | Rs120.33 Billion | ▲ +0.7 pp |
| 2008 | 33.4% | Rs176.93 Billion | Rs529.87 Billion | Rs263.16 Billion | Rs86.22 Billion | ▲ +2.4 pp |
| 2007 | 31.0% | Rs151.29 Billion | Rs487.60 Billion | Rs228.22 Billion | Rs76.93 Billion | ▲ +9.5 pp |
| 2006 | 21.5% | Rs96.73 Billion | Rs450.01 Billion | Rs160.31 Billion | Rs63.57 Billion | ▲ +6.5 pp |
| 2005 | 15.0% | Rs62.83 Billion | Rs418.08 Billion | Rs131.46 Billion | Rs68.62 Billion | — |