S. P. Apparels Limited Working Capital to Net Assets Ratio
S. P. Apparels Limited working capital to net assets ratio. S. P. Apparels Limited (SPAL) has a Working Capital to Net Assets ratio of 21.7% as of September 2025. Working capital of Rs1.94 Billion (current assets of Rs7.20 Billion minus current liabilities of Rs5.26 Billion) is measured against net assets of Rs8.92 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check S. P. Apparels Limited (SPAL) tangible net worth 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 S. P. Apparels Limited (2011–2025)
Working capital to net assets ratio of S. P. Apparels Limited from 2011 to 2025. This chart shows how S. P. Apparels Limited's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2011 to 2025. As of September 2025, the ratio stands at 21.7%, reflecting working capital of Rs1.94 Billion against net assets of Rs8.92 Billion INR. See S. P. Apparels Limited (SPAL) defensive interval to measure how many days the company can operate on defensive assets alone.
S. P. Apparels Limited Working Capital to Net Assets Ratio by Year (2011–2025)
S. P. Apparels Limited working capital to net assets ratio by year from 2011 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for S. P. Apparels Limited from 2011 to 2025, covering 15 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 how large is S. P. Apparels Limited's balance sheet.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 27.3% | Rs2.32 Billion | Rs8.50 Billion | Rs7.41 Billion | Rs5.09 Billion | ▼ -10.4 pp |
| 2024 | 37.8% | Rs2.86 Billion | Rs7.57 Billion | Rs6.01 Billion | Rs3.15 Billion | ▲ +5.6 pp |
| 2023 | 32.2% | Rs2.15 Billion | Rs6.67 Billion | Rs5.65 Billion | Rs3.51 Billion | ▼ -7.5 pp |
| 2022 | 39.7% | Rs2.51 Billion | Rs6.31 Billion | Rs5.67 Billion | Rs3.17 Billion | ▲ +8.2 pp |
| 2021 | 31.5% | Rs1.74 Billion | Rs5.52 Billion | Rs4.36 Billion | Rs2.62 Billion | ▲ +2.9 pp |
| 2020 | 28.6% | Rs1.48 Billion | Rs5.17 Billion | Rs4.29 Billion | Rs2.81 Billion | ▼ -3.4 pp |
| 2019 | 32.0% | Rs1.53 Billion | Rs4.77 Billion | Rs4.86 Billion | Rs3.33 Billion | ▼ -5.8 pp |
| 2018 | 37.8% | Rs1.48 Billion | Rs3.91 Billion | Rs4.83 Billion | Rs3.36 Billion | ▲ +2.4 pp |
| 2017 | 35.4% | Rs1.36 Billion | Rs3.83 Billion | Rs3.69 Billion | Rs2.34 Billion | ▲ +93.7 pp |
| 2016 | -58.3% | Rs-739.70 Million | Rs1.27 Billion | Rs2.51 Billion | Rs3.25 Billion | ▲ +25.4 pp |
| 2015 | -83.7% | Rs-949.60 Million | Rs1.13 Billion | Rs2.21 Billion | Rs3.16 Billion | ▲ +30.3 pp |
| 2014 | -114.0% | Rs-1.02 Billion | Rs894.08 Million | Rs2.25 Billion | Rs3.27 Billion | ▲ +47.7 pp |
| 2013 | -161.7% | Rs-1.22 Billion | Rs757.01 Million | Rs2.20 Billion | Rs3.43 Billion | ▼ -38.3 pp |
| 2012 | -123.3% | Rs-908.63 Million | Rs736.70 Million | Rs2.22 Billion | Rs3.13 Billion | ▲ +66.7 pp |
| 2011 | -190.0% | Rs-837.62 Million | Rs440.77 Million | Rs1.90 Billion | Rs2.74 Billion | — |