The Phoenix Mills Limited (PHOENIXLTD) — Working Capital to Net Assets Ratio
The Phoenix Mills Limited (PHOENIXLTD) has a Working Capital to Net Assets ratio of 4.9% as of March 2026. Working capital of Rs6.95 Billion (current assets of Rs31.23 Billion minus current liabilities of Rs24.29 Billion) is measured against net assets of Rs143.05 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how financially flexible is The Phoenix Mills Limited to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
The Phoenix Mills Limited Working Capital to Net Assets (2005–2026)
This chart shows how The Phoenix Mills Limited's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2005 to 2026. As of March 2026, the ratio stands at 4.9%, reflecting working capital of Rs6.95 Billion against net assets of Rs143.05 Billion INR. See PHOENIXLTD defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for The Phoenix Mills Limited (2005–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for The Phoenix Mills Limited from 2005 to 2026, 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 The Phoenix Mills Limited (PHOENIXLTD) total market value.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 4.9% | Rs6.95 Billion | Rs143.05 Billion | Rs31.23 Billion | Rs24.29 Billion | ▲ +2.5 pp |
| 2025 | 2.4% | Rs3.28 Billion | Rs138.53 Billion | Rs26.96 Billion | Rs23.68 Billion | ▼ -6.9 pp |
| 2024 | 9.2% | Rs11.42 Billion | Rs123.87 Billion | Rs33.87 Billion | Rs22.45 Billion | ▲ +1.2 pp |
| 2023 | 8.0% | Rs8.88 Billion | Rs110.76 Billion | Rs34.66 Billion | Rs25.79 Billion | ▼ -11.7 pp |
| 2022 | 19.7% | Rs17.76 Billion | Rs90.11 Billion | Rs38.18 Billion | Rs20.41 Billion | ▲ +19.6 pp |
| 2021 | 0.2% | Rs99.63 Million | Rs62.04 Billion | Rs20.17 Billion | Rs20.07 Billion | ▲ +4.2 pp |
| 2020 | -4.1% | Rs-2.02 Billion | Rs49.87 Billion | Rs17.36 Billion | Rs19.39 Billion | ▼ -5.4 pp |
| 2019 | 1.4% | Rs639.42 Million | Rs46.97 Billion | Rs18.66 Billion | Rs18.02 Billion | ▲ +4.7 pp |
| 2018 | -3.4% | Rs-1.12 Billion | Rs33.18 Billion | Rs14.49 Billion | Rs15.60 Billion | ▼ -14.8 pp |
| 2017 | 11.4% | Rs2.82 Billion | Rs24.67 Billion | Rs14.07 Billion | Rs11.24 Billion | ▼ -27.5 pp |
| 2016 | 39.0% | Rs9.04 Billion | Rs23.20 Billion | Rs20.97 Billion | Rs11.93 Billion | ▲ +16.4 pp |
| 2015 | 22.6% | Rs5.18 Billion | Rs22.95 Billion | Rs17.23 Billion | Rs12.05 Billion | ▲ +1.2 pp |
| 2014 | 21.4% | Rs5.23 Billion | Rs24.44 Billion | Rs17.16 Billion | Rs11.93 Billion | ▲ +7.5 pp |
| 2013 | 13.9% | Rs3.05 Billion | Rs21.94 Billion | Rs12.92 Billion | Rs9.87 Billion | ▲ +10.3 pp |
| 2012 | 3.6% | Rs753.95 Million | Rs20.67 Billion | Rs6.04 Billion | Rs5.29 Billion | ▼ -19.5 pp |
| 2011 | 23.1% | Rs4.32 Billion | Rs18.67 Billion | Rs7.40 Billion | Rs3.08 Billion | ▲ +8.0 pp |
| 2010 | 15.2% | Rs2.76 Billion | Rs18.24 Billion | Rs4.73 Billion | Rs1.97 Billion | ▼ -12.4 pp |
| 2009 | 27.6% | Rs4.76 Billion | Rs17.27 Billion | Rs6.34 Billion | Rs1.58 Billion | ▲ +12.7 pp |
| 2008 | 14.9% | Rs2.03 Billion | Rs13.66 Billion | Rs4.29 Billion | Rs2.26 Billion | ▼ -25.9 pp |
| 2007 | 40.7% | Rs356.39 Million | Rs875.30 Million | Rs1.23 Billion | Rs876.26 Million | ▲ +89.0 pp |
| 2006 | -48.2% | Rs-249.72 Million | Rs517.65 Million | Rs478.96 Million | Rs728.68 Million | ▼ -68.6 pp |
| 2005 | 20.4% | Rs76.89 Million | Rs377.28 Million | Rs491.64 Million | Rs414.75 Million | — |