Smartlink Holdings Limited (SMARTLINK) — Working Capital to Net Assets Ratio
Smartlink Holdings Limited (SMARTLINK) has a Working Capital to Net Assets ratio of 65.3% as of September 2025. Working capital of Rs1.31 Billion (current assets of Rs1.89 Billion minus current liabilities of Rs580.48 Million) is measured against net assets of Rs2.00 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can Smartlink Holdings Limited fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Smartlink Holdings Limited Working Capital to Net Assets (2005–2025)
This chart shows how Smartlink Holdings Limited's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of September 2025, the ratio stands at 65.3%, reflecting working capital of Rs1.31 Billion against net assets of Rs2.00 Billion INR. For the complete balance sheet picture, see balance sheet size of Smartlink Holdings Limited.
Annual Working Capital to Net Assets for Smartlink Holdings Limited (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Smartlink Holdings Limited from 2005 to 2025, covering 21 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. Check Smartlink Holdings Limited liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 64.3% | Rs1.26 Billion | Rs1.96 Billion | Rs1.70 Billion | Rs435.53 Million | ▼ -4.0 pp |
| 2024 | 68.3% | Rs1.30 Billion | Rs1.90 Billion | Rs1.82 Billion | Rs515.78 Million | ▲ +39.7 pp |
| 2023 | 28.6% | Rs524.42 Million | Rs1.84 Billion | Rs895.02 Million | Rs370.60 Million | ▲ +8.3 pp |
| 2022 | 20.3% | Rs335.00 Million | Rs1.65 Billion | Rs571.30 Million | Rs236.30 Million | ▲ +23.5 pp |
| 2021 | -3.2% | Rs-61.93 Million | Rs1.93 Billion | Rs283.69 Million | Rs345.62 Million | ▼ -83.5 pp |
| 2020 | 80.3% | Rs1.47 Billion | Rs1.83 Billion | Rs1.87 Billion | Rs399.72 Million | ▼ -10.6 pp |
| 2019 | 90.9% | Rs2.25 Billion | Rs2.47 Billion | Rs2.61 Billion | Rs365.63 Million | ▼ -1.8 pp |
| 2018 | 92.7% | Rs2.93 Billion | Rs3.17 Billion | Rs3.16 Billion | Rs229.73 Million | ▼ -0.3 pp |
| 2017 | 93.0% | Rs3.02 Billion | Rs3.25 Billion | Rs3.21 Billion | Rs196.17 Million | ▼ -0.4 pp |
| 2016 | 93.4% | Rs3.89 Billion | Rs4.16 Billion | Rs3.99 Billion | Rs103.16 Million | ▲ +0.7 pp |
| 2015 | 92.7% | Rs3.82 Billion | Rs4.12 Billion | Rs4.00 Billion | Rs182.50 Million | ▲ +1.5 pp |
| 2014 | 91.3% | Rs3.71 Billion | Rs4.06 Billion | Rs3.98 Billion | Rs271.90 Million | ▼ -0.1 pp |
| 2013 | 91.3% | Rs3.79 Billion | Rs4.15 Billion | Rs4.09 Billion | Rs303.98 Million | ▼ -0.4 pp |
| 2012 | 91.7% | Rs3.89 Billion | Rs4.24 Billion | Rs4.12 Billion | Rs234.90 Million | ▲ +65.6 pp |
| 2011 | 26.1% | Rs441.09 Million | Rs1.69 Billion | Rs812.11 Million | Rs371.02 Million | ▲ +9.7 pp |
| 2010 | 16.4% | Rs262.61 Million | Rs1.60 Billion | Rs609.05 Million | Rs346.44 Million | ▼ -8.9 pp |
| 2009 | 25.3% | Rs383.53 Million | Rs1.51 Billion | Rs626.77 Million | Rs243.25 Million | ▲ +0.6 pp |
| 2008 | 24.7% | Rs524.69 Million | Rs2.12 Billion | Rs1.12 Billion | Rs598.55 Million | ▼ -9.2 pp |
| 2007 | 33.9% | Rs668.44 Million | Rs1.97 Billion | Rs1.21 Billion | Rs546.04 Million | ▼ -9.9 pp |
| 2006 | 43.8% | Rs794.09 Million | Rs1.81 Billion | Rs1.51 Billion | Rs712.92 Million | ▼ -20.5 pp |
| 2005 | 64.3% | Rs1.02 Billion | Rs1.59 Billion | Rs1.70 Billion | Rs677.48 Million | — |