Subex Limited (SUBEXLTD) — Working Capital to Net Assets Ratio
Subex Limited (SUBEXLTD) has a Working Capital to Net Assets ratio of 47.6% as of September 2025. Working capital of Rs1.54 Billion (current assets of Rs2.51 Billion minus current liabilities of Rs976.40 Million) is measured against net assets of Rs3.23 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Subex Limited balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Subex Limited Working Capital to Net Assets (2005–2025)
This chart shows how Subex Limited's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of September 2025, the ratio stands at 47.6%, reflecting working capital of Rs1.54 Billion against net assets of Rs3.23 Billion INR. Check Subex Limited tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Subex Limited (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Subex Limited from 2005 to 2025, covering 21 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 SUBEXLTD company net worth.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 37.2% | Rs1.13 Billion | Rs3.04 Billion | Rs2.14 Billion | Rs1.01 Billion | ▼ -6.4 pp |
| 2024 | 43.6% | Rs1.46 Billion | Rs3.34 Billion | Rs2.50 Billion | Rs1.05 Billion | ▲ +10.0 pp |
| 2023 | 33.7% | Rs1.76 Billion | Rs5.22 Billion | Rs2.61 Billion | Rs857.70 Million | ▼ -5.5 pp |
| 2022 | 39.1% | Rs2.21 Billion | Rs5.64 Billion | Rs2.97 Billion | Rs759.70 Million | ▼ -0.1 pp |
| 2021 | 39.2% | Rs2.15 Billion | Rs5.49 Billion | Rs3.12 Billion | Rs967.20 Million | ▲ +9.5 pp |
| 2020 | 29.7% | Rs1.53 Billion | Rs5.15 Billion | Rs2.43 Billion | Rs897.20 Million | ▲ +17.2 pp |
| 2019 | 12.5% | Rs991.60 Million | Rs7.94 Billion | Rs1.79 Billion | Rs800.60 Million | ▲ +2.5 pp |
| 2018 | 10.0% | Rs780.30 Million | Rs7.79 Billion | Rs1.85 Billion | Rs1.07 Billion | ▲ +12.9 pp |
| 2017 | -2.9% | Rs-200.88 Million | Rs6.84 Billion | Rs2.50 Billion | Rs2.70 Billion | ▲ +0.8 pp |
| 2016 | -3.8% | Rs-273.64 Million | Rs7.27 Billion | Rs2.36 Billion | Rs2.64 Billion | ▼ -1.3 pp |
| 2015 | -2.5% | Rs-52.34 Million | Rs2.09 Billion | Rs2.44 Billion | Rs2.49 Billion | ▲ +33.9 pp |
| 2014 | -36.4% | Rs-632.24 Million | Rs1.74 Billion | Rs1.94 Billion | Rs2.57 Billion | ▲ +20.8 pp |
| 2013 | -57.2% | Rs-1.29 Billion | Rs2.25 Billion | Rs1.86 Billion | Rs3.15 Billion | ▲ +460.4 pp |
| 2012 | -517.6% | Rs-7.48 Billion | Rs1.45 Billion | Rs2.01 Billion | Rs9.49 Billion | ▼ -458.0 pp |
| 2011 | -59.6% | Rs-1.25 Billion | Rs2.09 Billion | Rs1.94 Billion | Rs3.19 Billion | ▼ -7.3 pp |
| 2010 | -52.2% | Rs-1.50 Billion | Rs2.88 Billion | Rs1.53 Billion | Rs3.03 Billion | ▼ -32.7 pp |
| 2009 | -19.5% | Rs-976.09 Million | Rs5.01 Billion | Rs2.10 Billion | Rs3.07 Billion | ▼ -32.4 pp |
| 2008 | 12.9% | Rs971.81 Million | Rs7.54 Billion | Rs2.62 Billion | Rs1.65 Billion | ▼ -9.1 pp |
| 2007 | 22.0% | Rs1.85 Billion | Rs8.41 Billion | Rs2.79 Billion | Rs938.04 Million | ▼ -39.3 pp |
| 2006 | 61.3% | Rs1.11 Billion | Rs1.81 Billion | Rs1.44 Billion | Rs330.60 Million | ▼ -8.6 pp |
| 2005 | 69.9% | Rs867.64 Million | Rs1.24 Billion | Rs1.07 Billion | Rs200.44 Million | — |