Solar Industries India Limited (SOLARINDS) — Working Capital to Net Assets Ratio
Solar Industries India Limited (SOLARINDS) has a Working Capital to Net Assets ratio of 36.5% as of September 2025. Working capital of Rs19.46 Billion (current assets of Rs41.54 Billion minus current liabilities of Rs22.08 Billion) is measured against net assets of Rs53.31 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is Solar Industries India Limited's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Solar Industries India Limited Working Capital to Net Assets (2005–2025)
This chart shows how Solar Industries India 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 36.5%, reflecting working capital of Rs19.46 Billion against net assets of Rs53.31 Billion INR. Check Solar Industries India Limited tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Solar Industries India Limited (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Solar Industries India 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. For live market cap and the full company profile, see Solar Industries India Limited stock valuation.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 44.4% | Rs20.13 Billion | Rs45.37 Billion | Rs41.27 Billion | Rs21.14 Billion | ▲ +10.9 pp |
| 2024 | 33.5% | Rs11.47 Billion | Rs34.27 Billion | Rs26.48 Billion | Rs15.01 Billion | ▲ +1.9 pp |
| 2023 | 31.6% | Rs8.69 Billion | Rs27.51 Billion | Rs25.01 Billion | Rs16.32 Billion | ▲ +4.5 pp |
| 2022 | 27.1% | Rs5.46 Billion | Rs20.15 Billion | Rs16.64 Billion | Rs11.18 Billion | ▲ +2.4 pp |
| 2021 | 24.7% | Rs4.06 Billion | Rs16.42 Billion | Rs12.26 Billion | Rs8.19 Billion | ▲ +7.2 pp |
| 2020 | 17.6% | Rs2.51 Billion | Rs14.32 Billion | Rs9.84 Billion | Rs7.32 Billion | ▼ -1.0 pp |
| 2019 | 18.5% | Rs2.38 Billion | Rs12.86 Billion | Rs9.62 Billion | Rs7.24 Billion | ▼ -3.8 pp |
| 2018 | 22.3% | Rs2.53 Billion | Rs11.31 Billion | Rs8.19 Billion | Rs5.66 Billion | ▲ +1.4 pp |
| 2017 | 20.9% | Rs2.03 Billion | Rs9.69 Billion | Rs7.24 Billion | Rs5.21 Billion | ▼ -1.8 pp |
| 2016 | 22.7% | Rs2.01 Billion | Rs8.85 Billion | Rs6.49 Billion | Rs4.48 Billion | ▼ -8.0 pp |
| 2015 | 30.7% | Rs2.53 Billion | Rs8.23 Billion | Rs6.10 Billion | Rs3.57 Billion | ▲ +3.1 pp |
| 2014 | 27.7% | Rs1.94 Billion | Rs7.00 Billion | Rs6.66 Billion | Rs4.72 Billion | ▲ +1.0 pp |
| 2013 | 26.7% | Rs1.64 Billion | Rs6.13 Billion | Rs5.69 Billion | Rs4.05 Billion | ▲ +6.8 pp |
| 2012 | 19.9% | Rs879.13 Million | Rs4.42 Billion | Rs4.41 Billion | Rs3.53 Billion | ▼ -61.4 pp |
| 2011 | 81.3% | Rs2.79 Billion | Rs3.43 Billion | Rs4.18 Billion | Rs1.39 Billion | ▼ -8.1 pp |
| 2010 | 89.4% | Rs2.37 Billion | Rs2.65 Billion | Rs3.90 Billion | Rs1.53 Billion | ▲ +8.6 pp |
| 2009 | 80.8% | Rs1.78 Billion | Rs2.21 Billion | Rs3.26 Billion | Rs1.48 Billion | ▼ -29.4 pp |
| 2008 | 110.2% | Rs2.05 Billion | Rs1.86 Billion | Rs2.24 Billion | Rs192.11 Million | ▲ +7.4 pp |
| 2007 | 102.7% | Rs1.76 Billion | Rs1.71 Billion | Rs2.02 Billion | Rs262.30 Million | ▲ +15.0 pp |
| 2006 | 87.8% | Rs1.36 Billion | Rs1.55 Billion | Rs1.64 Billion | Rs280.69 Million | ▲ +24.0 pp |
| 2005 | 63.7% | Rs340.21 Million | Rs533.77 Million | Rs465.56 Million | Rs125.35 Million | — |