SecUR Credentials Limited (SECURCRED) — 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. See net asset quality index of SecUR Credentials Limited to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
SecUR Credentials Limited Working Capital to Net Assets (2013–2024)
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. Check SECURCRED tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for SecUR Credentials Limited (2013–2024)
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 live market cap and the full company profile, see SECURCRED stock market capitalisation.
| 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 | — |