Steel Authority of India Limited (SAIL) — Working Capital to Net Assets Ratio
Steel Authority of India Limited (SAIL) has a Working Capital to Net Assets ratio of -12.3% as of September 2025. Working capital of Rs-71.47 Billion (current assets of Rs392.80 Billion minus current liabilities of Rs464.27 Billion) is measured against net assets of Rs582.78 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Steel Authority of India Limited balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Steel Authority of India Limited Working Capital to Net Assets (2004–2025)
This chart shows how Steel Authority of India 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 -12.3%, reflecting working capital of Rs-71.47 Billion against net assets of Rs582.78 Billion INR. Check Steel Authority of India Limited tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Steel Authority of India Limited (2004–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Steel Authority of India 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 SAIL market cap overview.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -7.3% | Rs-43.02 Billion | Rs589.06 Billion | Rs418.88 Billion | Rs461.90 Billion | ▲ +2.0 pp |
| 2024 | -9.3% | Rs-53.27 Billion | Rs571.01 Billion | Rs481.38 Billion | Rs534.64 Billion | ▲ +11.4 pp |
| 2023 | -20.7% | Rs-113.44 Billion | Rs547.47 Billion | Rs379.91 Billion | Rs493.34 Billion | ▼ -1.4 pp |
| 2022 | -19.3% | Rs-104.56 Billion | Rs542.12 Billion | Rs288.87 Billion | Rs393.43 Billion | ▲ +12.2 pp |
| 2021 | -31.5% | Rs-143.13 Billion | Rs454.06 Billion | Rs307.57 Billion | Rs450.70 Billion | ▼ -22.3 pp |
| 2020 | -9.2% | Rs-38.39 Billion | Rs415.10 Billion | Rs411.25 Billion | Rs449.65 Billion | ▲ +14.0 pp |
| 2019 | -23.3% | Rs-92.24 Billion | Rs396.46 Billion | Rs323.93 Billion | Rs416.17 Billion | ▲ +13.7 pp |
| 2018 | -37.0% | Rs-136.69 Billion | Rs369.47 Billion | Rs297.49 Billion | Rs434.19 Billion | ▲ +18.8 pp |
| 2017 | -55.8% | Rs-206.76 Billion | Rs370.42 Billion | Rs256.88 Billion | Rs463.65 Billion | ▼ -15.5 pp |
| 2016 | -40.4% | Rs-159.24 Billion | Rs394.58 Billion | Rs228.83 Billion | Rs388.07 Billion | ▼ -27.2 pp |
| 2015 | -13.2% | Rs-58.31 Billion | Rs443.01 Billion | Rs290.01 Billion | Rs348.32 Billion | ▼ -10.1 pp |
| 2014 | -3.1% | Rs-13.31 Billion | Rs432.85 Billion | Rs274.40 Billion | Rs287.71 Billion | ▼ -15.7 pp |
| 2013 | 12.6% | Rs52.46 Billion | Rs416.41 Billion | Rs284.45 Billion | Rs231.99 Billion | ▼ -10.6 pp |
| 2012 | 23.2% | Rs93.27 Billion | Rs402.71 Billion | Rs283.81 Billion | Rs190.54 Billion | ▼ -10.4 pp |
| 2011 | 33.5% | Rs126.14 Billion | Rs376.02 Billion | Rs371.42 Billion | Rs245.27 Billion | ▲ +11.6 pp |
| 2010 | 21.9% | Rs73.91 Billion | Rs337.50 Billion | Rs399.52 Billion | Rs325.61 Billion | ▼ -41.2 pp |
| 2009 | 63.1% | Rs178.70 Billion | Rs283.01 Billion | Rs353.05 Billion | Rs174.35 Billion | ▲ +6.4 pp |
| 2008 | 56.8% | Rs132.18 Billion | Rs232.89 Billion | Rs267.63 Billion | Rs135.44 Billion | ▲ +1.8 pp |
| 2007 | 55.0% | Rs96.16 Billion | Rs174.90 Billion | Rs208.18 Billion | Rs112.02 Billion | ▲ +15.2 pp |
| 2006 | 39.8% | Rs50.58 Billion | Rs127.08 Billion | Rs159.07 Billion | Rs108.49 Billion | ▲ +3.1 pp |
| 2005 | 36.7% | Rs34.74 Billion | Rs94.72 Billion | Rs148.50 Billion | Rs113.77 Billion | ▲ +66.5 pp |
| 2004 | -29.9% | Rs-15.00 Billion | Rs50.23 Billion | Rs85.59 Billion | Rs100.59 Billion | — |