Sun Pharma Advanced Research Company Limited (SPARC) — Working Capital to Net Assets Ratio
Sun Pharma Advanced Research Company Limited (SPARC) has a Working Capital to Net Assets ratio of 138.5% as of September 2025. Working capital of Rs-4.77 Billion (current assets of Rs144.90 Million minus current liabilities of Rs4.92 Billion) is measured against net assets of Rs-3.45 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Sun Pharma Advanced Research Company Lim (SPARC) liquidity interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Sun Pharma Advanced Research Company Limited Working Capital to Net Assets (2007–2025)
This chart shows how Sun Pharma Advanced Research Company Limited's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2007 to 2025. As of September 2025, the ratio stands at 138.5%, reflecting working capital of Rs-4.77 Billion against net assets of Rs-3.45 Billion INR. For the complete balance sheet picture, see Sun Pharma Advanced Research Company Lim (SPARC) total assets.
Annual Working Capital to Net Assets for Sun Pharma Advanced Research Company Limited (2007–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Sun Pharma Advanced Research Company Limited from 2007 to 2025, covering 19 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 asset resilience ratio of Sun Pharma Advanced Research Company Lim 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 | 160.4% | Rs-3.48 Billion | Rs-2.17 Billion | Rs261.90 Million | Rs3.74 Billion | ▲ +157.0 pp |
| 2024 | 3.4% | Rs43.28 Million | Rs1.26 Billion | Rs2.69 Billion | Rs2.65 Billion | ▼ -50.4 pp |
| 2023 | 53.8% | Rs2.76 Billion | Rs5.13 Billion | Rs4.55 Billion | Rs1.79 Billion | ▲ +375.0 pp |
| 2022 | -321.1% | Rs-1.00 Billion | Rs312.26 Million | Rs711.52 Million | Rs1.71 Billion | ▼ -422.3 pp |
| 2021 | 101.2% | Rs-1.70 Billion | Rs-1.68 Billion | Rs631.11 Million | Rs2.33 Billion | ▼ -801.1 pp |
| 2020 | 902.3% | Rs-1.68 Billion | Rs-186.38 Million | Rs671.88 Million | Rs2.35 Billion | ▲ +847.5 pp |
| 2019 | 54.8% | Rs1.62 Billion | Rs2.96 Billion | Rs2.57 Billion | Rs950.44 Million | ▲ +22.8 pp |
| 2018 | 32.0% | Rs591.15 Million | Rs1.85 Billion | Rs1.75 Billion | Rs1.16 Billion | ▲ +0.3 pp |
| 2017 | 31.7% | Rs505.54 Million | Rs1.60 Billion | Rs1.59 Billion | Rs1.08 Billion | ▲ +232.8 pp |
| 2016 | -201.1% | Rs-601.44 Million | Rs299.03 Million | Rs665.91 Million | Rs1.27 Billion | ▼ -227.0 pp |
| 2015 | 25.8% | Rs257.87 Million | Rs997.99 Million | Rs629.35 Million | Rs371.48 Million | ▼ -25.4 pp |
| 2014 | 51.2% | Rs713.27 Million | Rs1.39 Billion | Rs1.10 Billion | Rs387.90 Million | ▲ +9.9 pp |
| 2013 | 41.3% | Rs447.75 Million | Rs1.08 Billion | Rs1.39 Billion | Rs942.39 Million | ▼ -149.1 pp |
| 2012 | 190.3% | Rs-1.27 Billion | Rs-666.09 Million | Rs182.17 Million | Rs1.45 Billion | ▲ +1166.7 pp |
| 2011 | -976.3% | Rs-549.04 Million | Rs56.23 Million | Rs106.71 Million | Rs655.75 Million | ▼ -646.0 pp |
| 2010 | -330.4% | Rs-466.61 Million | Rs141.24 Million | Rs93.24 Million | Rs559.85 Million | ▼ -274.6 pp |
| 2009 | -55.7% | Rs-198.81 Million | Rs356.78 Million | Rs42.76 Million | Rs241.56 Million | ▼ -90.3 pp |
| 2008 | 34.5% | Rs154.75 Million | Rs448.18 Million | Rs283.23 Million | Rs128.49 Million | ▼ -11.5 pp |
| 2007 | 46.0% | Rs228.78 Million | Rs497.01 Million | Rs252.86 Million | Rs24.08 Million | — |