Spencer's Retail Limited (SPENCERS) — Working Capital to Net Assets Ratio
Spencer's Retail Limited (SPENCERS) has a Working Capital to Net Assets ratio of 118.2% as of September 2025. Working capital of Rs-9.29 Billion (current assets of Rs2.83 Billion minus current liabilities of Rs12.13 Billion) is measured against net assets of Rs-7.87 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of Spencer's Retail Limited to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Spencer's Retail Limited Working Capital to Net Assets (2018–2025)
This chart shows how Spencer's Retail Limited's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2018 to 2025. As of September 2025, the ratio stands at 118.2%, reflecting working capital of Rs-9.29 Billion against net assets of Rs-7.87 Billion INR. Check Spencer's Retail Limited (SPENCERS) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Spencer's Retail Limited (2018–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Spencer's Retail Limited from 2018 to 2025, covering 8 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 Spencer's Retail Limited (SPENCERS) market capitalisation.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 109.6% | Rs-7.25 Billion | Rs-6.62 Billion | Rs2.52 Billion | Rs9.77 Billion | ▼ -35.1 pp |
| 2024 | 144.7% | Rs-6.02 Billion | Rs-4.16 Billion | Rs3.74 Billion | Rs9.75 Billion | ▼ -184.0 pp |
| 2023 | 328.7% | Rs-4.95 Billion | Rs-1.50 Billion | Rs3.64 Billion | Rs8.59 Billion | ▲ +906.8 pp |
| 2022 | -578.2% | Rs-3.58 Billion | Rs618.57 Million | Rs3.61 Billion | Rs7.19 Billion | ▼ -431.0 pp |
| 2021 | -147.2% | Rs-2.74 Billion | Rs1.86 Billion | Rs3.88 Billion | Rs6.62 Billion | ▼ -71.2 pp |
| 2020 | -76.0% | Rs-2.08 Billion | Rs2.74 Billion | Rs4.29 Billion | Rs6.38 Billion | ▼ -115.4 pp |
| 2019 | 39.4% | Rs2.16 Billion | Rs5.48 Billion | Rs5.72 Billion | Rs3.56 Billion | ▲ +23.0 pp |
| 2018 | 16.4% | Rs896.01 Million | Rs5.47 Billion | Rs4.07 Billion | Rs3.17 Billion | — |