Southern Petrochemicals Industries Corporation Limited (SPIC) — Working Capital to Net Assets Ratio
Southern Petrochemicals Industries Corporation Limited (SPIC) has a Working Capital to Net Assets ratio of -4.4% as of March 2026. Working capital of Rs-607.00 Million (current assets of Rs8.57 Billion minus current liabilities of Rs9.17 Billion) is measured against net assets of Rs13.70 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See SPIC FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Southern Petrochemicals Industries Corporation Limited Working Capital to Net Assets (2004–2026)
This chart shows how Southern Petrochemicals Industries Corporation Limited's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2004 to 2026. As of March 2026, the ratio stands at -4.4%, reflecting working capital of Rs-607.00 Million against net assets of Rs13.70 Billion INR. See defensive interval ratio of Southern Petrochemicals Industries Corpo to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Southern Petrochemicals Industries Corporation Limited (2004–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Southern Petrochemicals Industries Corporation Limited from 2004 to 2026, covering 22 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 Southern Petrochemicals Industries Corpo stock valuation.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | -4.4% | Rs-607.00 Million | Rs13.70 Billion | Rs8.57 Billion | Rs9.17 Billion | ▼ -4.7 pp |
| 2025 | 0.2% | Rs27.50 Million | Rs11.99 Billion | Rs9.06 Billion | Rs9.03 Billion | ▲ +4.3 pp |
| 2024 | -4.1% | Rs-443.00 Million | Rs10.76 Billion | Rs5.78 Billion | Rs6.22 Billion | ▼ -8.1 pp |
| 2023 | 3.9% | Rs388.43 Million | Rs9.86 Billion | Rs11.17 Billion | Rs10.78 Billion | ▲ +41.7 pp |
| 2022 | -37.8% | Rs-2.62 Billion | Rs6.94 Billion | Rs6.65 Billion | Rs9.27 Billion | ▲ +17.0 pp |
| 2021 | -54.8% | Rs-2.83 Billion | Rs5.16 Billion | Rs8.81 Billion | Rs11.64 Billion | ▼ -8.7 pp |
| 2020 | -46.2% | Rs-2.01 Billion | Rs4.35 Billion | Rs14.28 Billion | Rs16.28 Billion | ▼ -42.2 pp |
| 2019 | -4.0% | Rs-147.78 Million | Rs3.71 Billion | Rs14.92 Billion | Rs15.07 Billion | ▼ -11.1 pp |
| 2018 | 7.1% | Rs245.98 Million | Rs3.44 Billion | Rs9.63 Billion | Rs9.38 Billion | ▲ +73.7 pp |
| 2017 | -66.6% | Rs-1.99 Billion | Rs2.99 Billion | Rs6.91 Billion | Rs8.90 Billion | ▲ +50.8 pp |
| 2016 | -117.4% | Rs-3.39 Billion | Rs2.89 Billion | Rs9.88 Billion | Rs13.27 Billion | ▼ -64.1 pp |
| 2015 | -53.4% | Rs-1.38 Billion | Rs2.58 Billion | Rs9.95 Billion | Rs11.32 Billion | ▼ -16.4 pp |
| 2014 | -36.9% | Rs-923.65 Million | Rs2.50 Billion | Rs10.97 Billion | Rs11.89 Billion | ▲ +0.3 pp |
| 2013 | -37.2% | Rs-972.83 Million | Rs2.61 Billion | Rs2.99 Billion | Rs3.97 Billion | ▼ -107.9 pp |
| 2012 | 70.6% | Rs-6.33 Billion | Rs-8.97 Billion | Rs3.64 Billion | Rs9.98 Billion | ▼ -36.0 pp |
| 2011 | 106.7% | Rs-9.56 Billion | Rs-8.96 Billion | Rs6.13 Billion | Rs15.69 Billion | ▲ +269.7 pp |
| 2010 | -163.0% | Rs-9.50 Billion | Rs5.83 Billion | Rs6.55 Billion | Rs16.05 Billion | ▲ +3.5 pp |
| 2009 | -166.5% | Rs-8.74 Billion | Rs5.25 Billion | Rs10.44 Billion | Rs19.18 Billion | ▲ +15.4 pp |
| 2008 | -181.9% | Rs-8.36 Billion | Rs4.60 Billion | Rs8.25 Billion | Rs16.61 Billion | ▼ -45.0 pp |
| 2006 | -136.9% | Rs-9.19 Billion | Rs6.71 Billion | Rs10.48 Billion | Rs19.67 Billion | ▼ -125.6 pp |
| 2005 | -11.3% | Rs-1.25 Billion | Rs11.13 Billion | Rs15.73 Billion | Rs16.99 Billion | ▼ -34.1 pp |
| 2004 | 22.8% | Rs2.15 Billion | Rs9.41 Billion | Rs16.31 Billion | Rs14.16 Billion | — |