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 -12.8% as of March 2026. Working capital of Rs-77.05 Billion (current assets of Rs359.15 Billion minus current liabilities of Rs436.20 Billion) is measured against net assets of Rs603.56 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See SAIL FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Steel Authority of India Limited Working Capital to Net Assets (2004–2026)
This chart shows how Steel Authority of India Limited's Working Capital to Net Assets ratio has evolved across 23 annual periods from 2004 to 2026. As of March 2026, the ratio stands at -12.8%, reflecting working capital of Rs-77.05 Billion against net assets of Rs603.56 Billion INR. See SAIL defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Steel Authority of India Limited (2004–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Steel Authority of India Limited from 2004 to 2026, 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 Steel Authority of India Limited market cap and net worth.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | -12.8% | Rs-77.05 Billion | Rs603.56 Billion | Rs359.15 Billion | Rs436.20 Billion | ▼ -5.5 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 | — |