Steel Strips Wheels Limited (SSWL) — Working Capital to Net Assets Ratio
Steel Strips Wheels Limited (SSWL) has a Working Capital to Net Assets ratio of -7.8% as of September 2025. Working capital of Rs-1.34 Billion (current assets of Rs12.46 Billion minus current liabilities of Rs13.80 Billion) is measured against net assets of Rs17.11 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Steel Strips Wheels Limited (SSWL) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Steel Strips Wheels Limited Working Capital to Net Assets (2006–2025)
This chart shows how Steel Strips Wheels Limited's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2006 to 2025. As of September 2025, the ratio stands at -7.8%, reflecting working capital of Rs-1.34 Billion against net assets of Rs17.11 Billion INR. Check tangible equity quality of Steel Strips Wheels Limited to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Steel Strips Wheels Limited (2006–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Steel Strips Wheels Limited from 2006 to 2025, covering 20 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 Steel Strips Wheels Limited market cap and net worth.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -5.8% | Rs-950.48 Million | Rs16.26 Billion | Rs12.76 Billion | Rs13.71 Billion | ▲ +2.7 pp |
| 2024 | -8.6% | Rs-1.23 Billion | Rs14.42 Billion | Rs12.02 Billion | Rs13.25 Billion | ▼ -5.3 pp |
| 2023 | -3.3% | Rs-369.48 Million | Rs11.35 Billion | Rs11.78 Billion | Rs12.15 Billion | ▼ -3.6 pp |
| 2022 | 0.3% | Rs32.18 Million | Rs9.52 Billion | Rs12.05 Billion | Rs12.01 Billion | ▲ +5.9 pp |
| 2021 | -5.5% | Rs-414.76 Million | Rs7.49 Billion | Rs9.51 Billion | Rs9.92 Billion | ▼ -2.1 pp |
| 2020 | -3.5% | Rs-240.99 Million | Rs6.98 Billion | Rs7.66 Billion | Rs7.90 Billion | ▲ +5.3 pp |
| 2019 | -8.7% | Rs-596.37 Million | Rs6.82 Billion | Rs7.53 Billion | Rs8.12 Billion | ▲ +17.3 pp |
| 2018 | -26.0% | Rs-1.52 Billion | Rs5.84 Billion | Rs8.07 Billion | Rs9.59 Billion | ▼ -18.3 pp |
| 2017 | -7.8% | Rs-420.07 Million | Rs5.41 Billion | Rs6.05 Billion | Rs6.47 Billion | ▼ -6.7 pp |
| 2016 | -1.0% | Rs-47.09 Million | Rs4.59 Billion | Rs5.41 Billion | Rs5.46 Billion | ▼ -3.2 pp |
| 2015 | 2.2% | Rs86.39 Million | Rs3.99 Billion | Rs4.92 Billion | Rs4.84 Billion | ▼ -3.1 pp |
| 2014 | 5.3% | Rs192.58 Million | Rs3.64 Billion | Rs4.79 Billion | Rs4.60 Billion | ▲ +12.5 pp |
| 2013 | -7.2% | Rs-245.91 Million | Rs3.42 Billion | Rs4.05 Billion | Rs4.29 Billion | ▼ -4.0 pp |
| 2012 | -3.1% | Rs-96.88 Million | Rs3.09 Billion | Rs3.38 Billion | Rs3.48 Billion | ▼ -50.7 pp |
| 2011 | 47.6% | Rs1.35 Billion | Rs2.83 Billion | Rs3.01 Billion | Rs1.66 Billion | ▲ +4.2 pp |
| 2010 | 43.5% | Rs821.78 Million | Rs1.89 Billion | Rs1.87 Billion | Rs1.05 Billion | ▲ +8.0 pp |
| 2009 | 35.5% | Rs604.03 Million | Rs1.70 Billion | Rs1.18 Billion | Rs579.67 Million | ▲ +11.9 pp |
| 2008 | 23.5% | Rs358.26 Million | Rs1.52 Billion | Rs1.14 Billion | Rs779.13 Million | ▼ -48.9 pp |
| 2007 | 72.5% | Rs459.71 Million | Rs634.31 Million | Rs723.38 Million | Rs263.67 Million | ▲ +33.8 pp |
| 2006 | 38.7% | Rs237.77 Million | Rs614.17 Million | Rs613.48 Million | Rs375.71 Million | — |