Shah Alloys Limited (SHAHALLOYS) — Working Capital to Net Assets Ratio
Shah Alloys Limited (SHAHALLOYS) has a Working Capital to Net Assets ratio of 1437.4% as of September 2025. Working capital of Rs-1.47 Billion (current assets of Rs468.90 Million minus current liabilities of Rs1.94 Billion) is measured against net assets of Rs-102.60 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Shah Alloys Limited net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Shah Alloys Limited Working Capital to Net Assets (2006–2025)
This chart shows how Shah Alloys Limited's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2006 to 2025. As of September 2025, the ratio stands at 1437.4%, reflecting working capital of Rs-1.47 Billion against net assets of Rs-102.60 Million INR. Check Shah Alloys Limited (SHAHALLOYS) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Shah Alloys Limited (2006–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shah Alloys Limited from 2006 to 2025, covering 20 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 SHAHALLOYS stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 2090.6% | Rs-1.61 Billion | Rs-76.90 Million | Rs350.80 Million | Rs1.96 Billion | ▲ +3406.5 pp |
| 2024 | -1315.8% | Rs-1.48 Billion | Rs112.45 Million | Rs909.25 Million | Rs2.39 Billion | ▼ -927.2 pp |
| 2023 | -388.6% | Rs-1.19 Billion | Rs305.10 Million | Rs1.31 Billion | Rs2.49 Billion | ▲ +14.1 pp |
| 2022 | -402.7% | Rs-1.10 Billion | Rs273.97 Million | Rs1.46 Billion | Rs2.56 Billion | ▼ -713.7 pp |
| 2021 | 311.0% | Rs-1.70 Billion | Rs-546.80 Million | Rs943.87 Million | Rs2.64 Billion | ▼ -523.9 pp |
| 2020 | 834.9% | Rs-1.50 Billion | Rs-179.39 Million | Rs1.12 Billion | Rs2.62 Billion | ▲ +625.0 pp |
| 2019 | 210.0% | Rs-3.48 Billion | Rs-1.66 Billion | Rs1.62 Billion | Rs5.11 Billion | ▲ +51.9 pp |
| 2018 | 158.0% | Rs-2.74 Billion | Rs-1.73 Billion | Rs991.41 Million | Rs3.73 Billion | ▼ -38.9 pp |
| 2017 | 197.0% | Rs-5.42 Billion | Rs-2.75 Billion | Rs1.36 Billion | Rs6.78 Billion | ▲ +24.6 pp |
| 2016 | 172.3% | Rs-6.55 Billion | Rs-3.80 Billion | Rs1.10 Billion | Rs7.65 Billion | ▲ +24.0 pp |
| 2015 | 148.3% | Rs-10.52 Billion | Rs-7.09 Billion | Rs1.36 Billion | Rs11.88 Billion | ▼ -3.1 pp |
| 2014 | 151.5% | Rs-8.68 Billion | Rs-5.73 Billion | Rs2.34 Billion | Rs11.02 Billion | ▲ +5.2 pp |
| 2013 | 146.3% | Rs-6.50 Billion | Rs-4.45 Billion | Rs2.76 Billion | Rs9.27 Billion | ▲ +11.0 pp |
| 2012 | 135.3% | Rs-4.65 Billion | Rs-3.44 Billion | Rs3.08 Billion | Rs7.73 Billion | ▲ +306.2 pp |
| 2011 | -170.9% | Rs3.04 Billion | Rs-1.78 Billion | Rs4.28 Billion | Rs1.23 Billion | ▲ +438.3 pp |
| 2010 | -609.2% | Rs2.67 Billion | Rs-437.91 Million | Rs4.55 Billion | Rs1.89 Billion | ▼ -1759.4 pp |
| 2009 | 1150.2% | Rs2.27 Billion | Rs197.48 Million | Rs3.87 Billion | Rs1.60 Billion | ▲ +934.8 pp |
| 2008 | 215.4% | Rs2.80 Billion | Rs1.30 Billion | Rs3.71 Billion | Rs913.75 Million | ▲ +158.6 pp |
| 2007 | 56.8% | Rs1.43 Billion | Rs2.51 Billion | Rs5.17 Billion | Rs3.75 Billion | ▼ -25.3 pp |
| 2006 | 82.1% | Rs1.53 Billion | Rs1.87 Billion | Rs4.85 Billion | Rs3.32 Billion | — |