Oil & Natural Gas Corporation Limited (ONGC) — Working Capital to Net Assets Ratio
Oil & Natural Gas Corporation Limited (ONGC) has a Working Capital to Net Assets ratio of -5.2% as of September 2025. Working capital of Rs-209.19 Billion (current assets of Rs1.45 Trillion minus current liabilities of Rs1.66 Trillion) is measured against net assets of Rs4.02 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. See ONGC equity to assets ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Oil & Natural Gas Corporation Limited Working Capital to Net Assets (2004–2025)
This chart shows how Oil & Natural Gas Corporation Limited's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2004 to 2025. As of September 2025, the ratio stands at -5.2%, reflecting working capital of Rs-209.19 Billion against net assets of Rs4.02 Trillion INR. Check tangible net worth ratio of Oil & Natural Gas Corporation Limited to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Oil & Natural Gas Corporation Limited (2004–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Oil & Natural Gas Corporation Limited from 2004 to 2025, 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 live market cap and the full company profile, see ONGC company net worth.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -8.6% | Rs-320.45 Billion | Rs3.74 Trillion | Rs1.35 Trillion | Rs1.67 Trillion | ▼ -3.7 pp |
| 2024 | -4.9% | Rs-179.36 Billion | Rs3.65 Trillion | Rs1.33 Trillion | Rs1.51 Trillion | ▲ +1.0 pp |
| 2023 | -5.9% | Rs-178.47 Billion | Rs3.03 Trillion | Rs1.15 Trillion | Rs1.33 Trillion | ▲ +1.7 pp |
| 2022 | -7.5% | Rs-213.76 Billion | Rs2.83 Trillion | Rs1.06 Trillion | Rs1.27 Trillion | ▲ +4.9 pp |
| 2021 | -12.4% | Rs-301.45 Billion | Rs2.43 Trillion | Rs931.21 Billion | Rs1.23 Trillion | ▲ +4.0 pp |
| 2020 | -16.4% | Rs-369.39 Billion | Rs2.25 Trillion | Rs807.22 Billion | Rs1.18 Trillion | ▲ +3.8 pp |
| 2019 | -20.2% | Rs-478.04 Billion | Rs2.36 Trillion | Rs871.96 Billion | Rs1.35 Trillion | ▼ -0.2 pp |
| 2018 | -20.0% | Rs-439.30 Billion | Rs2.20 Trillion | Rs730.37 Billion | Rs1.17 Trillion | ▼ -21.9 pp |
| 2017 | 1.9% | Rs41.97 Billion | Rs2.25 Trillion | Rs484.71 Billion | Rs442.73 Billion | ▼ -1.7 pp |
| 2016 | 3.6% | Rs72.05 Billion | Rs2.00 Trillion | Rs587.67 Billion | Rs515.62 Billion | ▲ +2.5 pp |
| 2015 | 1.1% | Rs20.74 Billion | Rs1.83 Trillion | Rs558.76 Billion | Rs538.02 Billion | ▲ +3.5 pp |
| 2014 | -2.3% | Rs-40.87 Billion | Rs1.75 Trillion | Rs631.55 Billion | Rs672.42 Billion | ▼ -7.2 pp |
| 2013 | 4.9% | Rs75.37 Billion | Rs1.54 Trillion | Rs558.19 Billion | Rs482.82 Billion | ▼ -2.9 pp |
| 2012 | 7.8% | Rs107.61 Billion | Rs1.39 Trillion | Rs611.03 Billion | Rs503.42 Billion | ▼ -9.1 pp |
| 2011 | 16.9% | Rs198.07 Billion | Rs1.17 Trillion | Rs589.32 Billion | Rs391.25 Billion | ▼ -2.9 pp |
| 2010 | 19.8% | Rs203.71 Billion | Rs1.03 Trillion | Rs505.69 Billion | Rs301.98 Billion | ▼ -4.2 pp |
| 2009 | 24.0% | Rs224.76 Billion | Rs936.35 Billion | Rs507.15 Billion | Rs282.39 Billion | ▼ -6.3 pp |
| 2008 | 30.3% | Rs240.22 Billion | Rs792.31 Billion | Rs475.34 Billion | Rs235.13 Billion | ▼ -0.1 pp |
| 2007 | 30.4% | Rs205.45 Billion | Rs675.46 Billion | Rs388.40 Billion | Rs182.96 Billion | ▼ -18.8 pp |
| 2006 | 49.2% | Rs265.66 Billion | Rs539.60 Billion | Rs371.61 Billion | Rs105.95 Billion | ▲ +6.2 pp |
| 2005 | 43.1% | Rs201.74 Billion | Rs468.45 Billion | Rs319.89 Billion | Rs118.15 Billion | ▲ +7.8 pp |
| 2004 | 35.2% | Rs147.19 Billion | Rs417.69 Billion | Rs228.54 Billion | Rs81.35 Billion | — |