SecUR Credentials Limited Working Capital to Net Assets Ratio
SecUR Credentials Limited working capital to net assets ratio. SecUR Credentials Limited (SECURCRED) has a Working Capital to Net Assets ratio of 100.1% as of September 2023. Working capital of Rs493.92 Million (current assets of Rs720.23 Million minus current liabilities of Rs226.31 Million) is measured against net assets of Rs493.66 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check SecUR Credentials Limited tangible equity quality to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of SecUR Credentials Limited (2013–2024)
Working capital to net assets ratio of SecUR Credentials Limited from 2013 to 2024. This chart shows how SecUR Credentials Limited's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2013 to 2024. As of September 2023, the ratio stands at 100.1%, reflecting working capital of Rs493.92 Million against net assets of Rs493.66 Million INR. See SecUR Credentials Limited (SECURCRED) defensive interval to measure how many days the company can operate on defensive assets alone.
SecUR Credentials Limited Working Capital to Net Assets Ratio by Year (2013–2024)
SecUR Credentials Limited working capital to net assets ratio by year from 2013 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for SecUR Credentials Limited from 2013 to 2024, covering 12 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 the complete balance sheet picture, see SECURCRED asset base.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 103.1% | Rs439.69 Million | Rs426.53 Million | Rs621.10 Million | Rs181.41 Million | ▲ +29.1 pp |
| 2023 | 74.0% | Rs333.90 Million | Rs451.08 Million | Rs705.46 Million | Rs371.56 Million | ▲ +9.5 pp |
| 2022 | 64.5% | Rs282.18 Million | Rs437.57 Million | Rs743.75 Million | Rs461.57 Million | ▲ +11.1 pp |
| 2021 | 53.3% | Rs222.48 Million | Rs417.04 Million | Rs623.44 Million | Rs400.95 Million | ▲ +21.7 pp |
| 2020 | 31.7% | Rs138.89 Million | Rs438.59 Million | Rs525.50 Million | Rs386.61 Million | ▼ -3.9 pp |
| 2019 | 35.6% | Rs157.29 Million | Rs441.93 Million | Rs472.97 Million | Rs315.69 Million | ▼ -15.7 pp |
| 2018 | 51.2% | Rs197.53 Million | Rs385.47 Million | Rs286.75 Million | Rs89.22 Million | ▲ +189.6 pp |
| 2017 | -138.3% | Rs-28.07 Million | Rs20.30 Million | Rs35.59 Million | Rs63.66 Million | ▼ -309.8 pp |
| 2016 | 171.5% | Rs3.82 Million | Rs2.23 Million | Rs7.74 Million | Rs3.92 Million | ▼ -39.7 pp |
| 2015 | 211.2% | Rs4.36 Million | Rs2.06 Million | Rs9.18 Million | Rs4.83 Million | ▲ +36.5 pp |
| 2014 | 174.7% | Rs5.20 Million | Rs2.98 Million | Rs8.41 Million | Rs3.21 Million | ▼ -4.0 pp |
| 2013 | 178.7% | Rs4.95 Million | Rs2.77 Million | Rs7.61 Million | Rs2.67 Million | — |