Shanthi Gears Limited Working Capital to Net Assets Ratio
Shanthi Gears Limited working capital to net assets ratio. Shanthi Gears Limited (SHANTIGEAR) has a Working Capital to Net Assets ratio of 66.4% as of March 2026. Working capital of Rs2.92 Billion (current assets of Rs4.00 Billion minus current liabilities of Rs1.08 Billion) is measured against net assets of Rs4.40 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Shanthi Gears 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 Shanthi Gears Limited (2005–2026)
Working capital to net assets ratio of Shanthi Gears Limited from 2005 to 2026. This chart shows how Shanthi Gears Limited's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2005 to 2026. As of March 2026, the ratio stands at 66.4%, reflecting working capital of Rs2.92 Billion against net assets of Rs4.40 Billion INR. See operational self-sufficiency of Shanthi Gears Limited to measure how many days the company can operate on defensive assets alone.
Shanthi Gears Limited Working Capital to Net Assets Ratio by Year (2005–2026)
Shanthi Gears Limited working capital to net assets ratio by year from 2005 to 2026. The table below presents the year-by-year Working Capital to Net Assets ratio for Shanthi Gears Limited from 2005 to 2026, 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 the complete balance sheet picture, see total assets of Shanthi Gears Limited.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 66.4% | Rs2.92 Billion | Rs4.40 Billion | Rs4.00 Billion | Rs1.08 Billion | ▼ -3.5 pp |
| 2025 | 69.8% | Rs2.81 Billion | Rs4.03 Billion | Rs3.82 Billion | Rs1.00 Billion | ▲ +3.1 pp |
| 2024 | 66.7% | Rs2.30 Billion | Rs3.45 Billion | Rs3.27 Billion | Rs970.00 Million | ▲ +2.1 pp |
| 2023 | 64.6% | Rs1.95 Billion | Rs3.02 Billion | Rs2.70 Billion | Rs750.70 Million | ▲ +3.5 pp |
| 2022 | 61.1% | Rs1.59 Billion | Rs2.60 Billion | Rs2.39 Billion | Rs799.50 Million | ▲ +7.3 pp |
| 2021 | 53.9% | Rs1.28 Billion | Rs2.37 Billion | Rs2.14 Billion | Rs858.10 Million | ▲ +0.3 pp |
| 2020 | 53.5% | Rs1.22 Billion | Rs2.29 Billion | Rs1.75 Billion | Rs528.70 Million | ▼ -19.2 pp |
| 2019 | 72.7% | Rs2.20 Billion | Rs3.02 Billion | Rs2.69 Billion | Rs493.10 Million | ▼ -2.0 pp |
| 2018 | 74.7% | Rs2.38 Billion | Rs3.18 Billion | Rs2.79 Billion | Rs412.90 Million | ▲ +3.5 pp |
| 2017 | 71.2% | Rs2.18 Billion | Rs3.06 Billion | Rs2.59 Billion | Rs410.70 Million | ▲ +4.5 pp |
| 2016 | 66.7% | Rs1.89 Billion | Rs2.84 Billion | Rs2.23 Billion | Rs337.50 Million | ▼ 0.0 pp |
| 2015 | 66.7% | Rs1.81 Billion | Rs2.71 Billion | Rs2.15 Billion | Rs345.00 Million | ▲ +3.6 pp |
| 2014 | 63.1% | Rs1.68 Billion | Rs2.66 Billion | Rs1.97 Billion | Rs286.60 Million | ▲ +8.0 pp |
| 2013 | 55.2% | Rs1.42 Billion | Rs2.58 Billion | Rs1.66 Billion | Rs238.20 Million | ▲ +9.5 pp |
| 2012 | 45.7% | Rs1.13 Billion | Rs2.48 Billion | Rs1.44 Billion | Rs302.33 Million | ▲ +7.4 pp |
| 2011 | 38.3% | Rs877.70 Million | Rs2.29 Billion | Rs1.23 Billion | Rs355.05 Million | ▲ +3.3 pp |
| 2010 | 35.0% | Rs738.78 Million | Rs2.11 Billion | Rs970.27 Million | Rs231.49 Million | ▼ -18.6 pp |
| 2009 | 53.6% | Rs1.08 Billion | Rs2.02 Billion | Rs1.56 Billion | Rs472.61 Million | ▲ +4.0 pp |
| 2008 | 49.6% | Rs842.40 Million | Rs1.70 Billion | Rs1.21 Billion | Rs363.31 Million | ▼ -14.4 pp |
| 2007 | 64.0% | Rs841.96 Million | Rs1.32 Billion | Rs1.19 Billion | Rs348.36 Million | ▼ -17.0 pp |
| 2006 | 81.0% | Rs759.86 Million | Rs937.87 Million | Rs1.34 Billion | Rs580.19 Million | ▲ +43.9 pp |
| 2005 | 37.1% | Rs259.90 Million | Rs700.52 Million | Rs749.42 Million | Rs489.52 Million | — |