Power Grid Corporation of India Limited (POWERGRID) — Working Capital to Net Assets Ratio
Power Grid Corporation of India Limited (POWERGRID) has a Working Capital to Net Assets ratio of -3.9% as of September 2025. Working capital of Rs-38.93 Billion (current assets of Rs313.15 Billion minus current liabilities of Rs352.07 Billion) is measured against net assets of Rs989.32 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is Power Grid Corporation of India Limited's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Power Grid Corporation of India Limited Working Capital to Net Assets (2003–2025)
This chart shows how Power Grid Corporation of India Limited's Working Capital to Net Assets ratio has evolved across 23 annual periods from 2003 to 2025. As of September 2025, the ratio stands at -3.9%, reflecting working capital of Rs-38.93 Billion against net assets of Rs989.32 Billion INR. Check POWERGRID tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Power Grid Corporation of India Limited (2003–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Power Grid Corporation of India Limited from 2003 to 2025, covering 23 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 POWERGRID market cap.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -11.6% | Rs-107.46 Billion | Rs926.63 Billion | Rs294.99 Billion | Rs402.45 Billion | ▼ -3.1 pp |
| 2024 | -8.5% | Rs-73.68 Billion | Rs871.45 Billion | Rs270.53 Billion | Rs344.21 Billion | ▼ -3.3 pp |
| 2023 | -5.1% | Rs-41.42 Billion | Rs810.49 Billion | Rs259.23 Billion | Rs300.65 Billion | ▲ +11.9 pp |
| 2022 | -17.0% | Rs-129.39 Billion | Rs762.47 Billion | Rs223.76 Billion | Rs353.15 Billion | ▼ -9.7 pp |
| 2021 | -7.3% | Rs-51.11 Billion | Rs699.36 Billion | Rs254.43 Billion | Rs305.54 Billion | ▲ +28.1 pp |
| 2020 | -35.4% | Rs-228.86 Billion | Rs646.95 Billion | Rs181.12 Billion | Rs409.98 Billion | ▲ +5.9 pp |
| 2019 | -41.3% | Rs-244.10 Billion | Rs590.88 Billion | Rs176.62 Billion | Rs420.72 Billion | ▼ -2.9 pp |
| 2018 | -38.4% | Rs-209.06 Billion | Rs544.26 Billion | Rs121.67 Billion | Rs330.73 Billion | ▲ +0.0 pp |
| 2017 | -38.4% | Rs-191.61 Billion | Rs498.65 Billion | Rs109.90 Billion | Rs301.51 Billion | ▲ +11.5 pp |
| 2016 | -49.9% | Rs-214.59 Billion | Rs429.68 Billion | Rs111.27 Billion | Rs325.86 Billion | ▼ -1.2 pp |
| 2015 | -48.7% | Rs-187.19 Billion | Rs384.39 Billion | Rs88.84 Billion | Rs276.03 Billion | ▼ -6.1 pp |
| 2014 | -42.6% | Rs-147.73 Billion | Rs346.98 Billion | Rs97.72 Billion | Rs245.45 Billion | ▲ +3.0 pp |
| 2013 | -45.6% | Rs-120.28 Billion | Rs264.03 Billion | Rs74.41 Billion | Rs194.69 Billion | ▼ -24.7 pp |
| 2012 | -20.8% | Rs-49.15 Billion | Rs235.83 Billion | Rs93.05 Billion | Rs142.19 Billion | ▼ -23.6 pp |
| 2011 | 2.8% | Rs5.91 Billion | Rs214.18 Billion | Rs116.93 Billion | Rs111.02 Billion | ▲ +5.7 pp |
| 2010 | -2.9% | Rs-4.66 Billion | Rs159.42 Billion | Rs96.27 Billion | Rs100.93 Billion | ▼ -15.8 pp |
| 2009 | 12.9% | Rs21.95 Billion | Rs170.09 Billion | Rs83.18 Billion | Rs61.23 Billion | ▲ +10.6 pp |
| 2008 | 2.3% | Rs3.52 Billion | Rs154.51 Billion | Rs53.77 Billion | Rs50.25 Billion | ▲ +14.7 pp |
| 2007 | -12.4% | Rs-13.26 Billion | Rs107.03 Billion | Rs35.10 Billion | Rs48.35 Billion | ▼ -3.2 pp |
| 2006 | -9.2% | Rs-9.17 Billion | Rs100.02 Billion | Rs27.24 Billion | Rs36.41 Billion | ▼ -9.6 pp |
| 2005 | 0.4% | Rs372.00 Million | Rs96.41 Billion | Rs26.11 Billion | Rs25.74 Billion | ▼ -8.0 pp |
| 2004 | 8.4% | Rs6.78 Billion | Rs80.99 Billion | Rs31.14 Billion | Rs24.36 Billion | ▲ +2.5 pp |
| 2003 | 5.9% | Rs4.27 Billion | Rs72.18 Billion | Rs21.27 Billion | Rs17.00 Billion | — |