Star Cement Limited (STARCEMENT) — Working Capital to Net Assets Ratio
Star Cement Limited (STARCEMENT) has a Working Capital to Net Assets ratio of 12.8% as of September 2025. Working capital of Rs3.84 Billion (current assets of Rs12.41 Billion minus current liabilities of Rs8.56 Billion) is measured against net assets of Rs30.07 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Star Cement Limited (STARCEMENT) liquidity interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Star Cement Limited Working Capital to Net Assets (2012–2025)
This chart shows how Star Cement Limited's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2012 to 2025. As of September 2025, the ratio stands at 12.8%, reflecting working capital of Rs3.84 Billion against net assets of Rs30.07 Billion INR. For the complete balance sheet picture, see Star Cement Limited asset portfolio.
Annual Working Capital to Net Assets for Star Cement Limited (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Star Cement Limited from 2012 to 2025, covering 14 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 financial resilience of Star Cement Limited 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 | 4.8% | Rs1.38 Billion | Rs28.79 Billion | Rs10.35 Billion | Rs8.96 Billion | ▲ +5.4 pp |
| 2024 | -0.6% | Rs-153.35 Million | Rs27.10 Billion | Rs7.66 Billion | Rs7.81 Billion | ▼ -20.0 pp |
| 2023 | 19.4% | Rs4.69 Billion | Rs24.16 Billion | Rs9.97 Billion | Rs5.28 Billion | ▼ -6.7 pp |
| 2022 | 26.1% | Rs5.65 Billion | Rs21.68 Billion | Rs9.64 Billion | Rs3.99 Billion | ▼ -16.5 pp |
| 2021 | 42.6% | Rs8.83 Billion | Rs20.74 Billion | Rs12.24 Billion | Rs3.41 Billion | ▲ +3.4 pp |
| 2020 | 39.2% | Rs7.56 Billion | Rs19.27 Billion | Rs10.59 Billion | Rs3.04 Billion | ▼ -3.2 pp |
| 2019 | 42.4% | Rs7.60 Billion | Rs17.92 Billion | Rs11.48 Billion | Rs3.88 Billion | ▼ -5.5 pp |
| 2018 | 48.0% | Rs7.38 Billion | Rs15.38 Billion | Rs13.96 Billion | Rs6.58 Billion | ▲ +18.9 pp |
| 2017 | 29.0% | Rs3.74 Billion | Rs12.87 Billion | Rs10.78 Billion | Rs7.04 Billion | ▲ +11.5 pp |
| 2016 | 17.5% | Rs1.94 Billion | Rs11.07 Billion | Rs10.60 Billion | Rs8.66 Billion | ▲ +7.4 pp |
| 2015 | 10.1% | Rs983.50 Million | Rs9.69 Billion | Rs7.22 Billion | Rs6.24 Billion | ▲ +10.1 pp |
| 2014 | 0.1% | Rs7.52 Million | Rs8.88 Billion | Rs5.02 Billion | Rs5.01 Billion | ▼ -28.1 pp |
| 2013 | 28.2% | Rs2.55 Billion | Rs9.04 Billion | Rs4.93 Billion | Rs2.38 Billion | ▼ -65.7 pp |
| 2012 | 94.0% | Rs460.46K | Rs490.01K | Rs466.08K | Rs5.62K | — |