Tata Consultancy Services Limited (TCS) — Working Capital to Net Assets Ratio
Tata Consultancy Services Limited (TCS) has a Working Capital to Net Assets ratio of 68.2% as of June 2026. Working capital of Rs754.97 Billion (current assets of Rs1.37 Trillion minus current liabilities of Rs610.20 Billion) is measured against net assets of Rs1.11 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Tata Consultancy Services Limited (TCS) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Tata Consultancy Services Limited Working Capital to Net Assets (2005–2026)
This chart shows how Tata Consultancy Services Limited's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2005 to 2026. As of June 2026, the ratio stands at 68.2%, reflecting working capital of Rs754.97 Billion against net assets of Rs1.11 Trillion INR. For the complete balance sheet picture, see TCS total asset value.
Annual Working Capital to Net Assets for Tata Consultancy Services Limited (2005–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Tata Consultancy Services Limited from 2005 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. Check Tata Consultancy Services Limited (TCS) asset resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 66.5% | Rs722.41 Billion | Rs1.09 Trillion | Rs1.33 Trillion | Rs609.14 Billion | ▼ -6.6 pp |
| 2025 | 73.1% | Rs700.10 Billion | Rs957.71 Billion | Rs1.23 Trillion | Rs530.01 Billion | ▼ -0.1 pp |
| 2024 | 73.2% | Rs668.80 Billion | Rs913.19 Billion | Rs1.13 Trillion | Rs461.04 Billion | ▲ +0.1 pp |
| 2023 | 73.1% | Rs667.12 Billion | Rs912.06 Billion | Rs1.10 Trillion | Rs435.58 Billion | ▼ -0.3 pp |
| 2022 | 73.4% | Rs659.59 Billion | Rs898.46 Billion | Rs1.08 Trillion | Rs423.51 Billion | ▼ -1.4 pp |
| 2021 | 74.8% | Rs651.25 Billion | Rs871.08 Billion | Rs992.80 Billion | Rs341.55 Billion | ▲ +0.2 pp |
| 2020 | 74.5% | Rs631.77 Billion | Rs847.49 Billion | Rs902.37 Billion | Rs270.60 Billion | ▼ -3.4 pp |
| 2019 | 77.9% | Rs700.47 Billion | Rs898.99 Billion | Rs921.31 Billion | Rs220.84 Billion | ▲ +3.8 pp |
| 2018 | 74.1% | Rs633.96 Billion | Rs855.30 Billion | Rs812.24 Billion | Rs178.28 Billion | ▼ -1.9 pp |
| 2017 | 76.0% | Rs658.04 Billion | Rs865.80 Billion | Rs803.16 Billion | Rs145.12 Billion | ▲ +9.3 pp |
| 2016 | 66.7% | Rs476.44 Billion | Rs714.27 Billion | Rs632.13 Billion | Rs155.69 Billion | ▲ +11.7 pp |
| 2015 | 55.0% | Rs284.95 Billion | Rs517.63 Billion | Rs488.13 Billion | Rs203.18 Billion | ▲ +0.5 pp |
| 2014 | 54.6% | Rs272.27 Billion | Rs499.03 Billion | Rs428.98 Billion | Rs156.70 Billion | ▲ +4.4 pp |
| 2013 | 50.2% | Rs197.34 Billion | Rs393.41 Billion | Rs313.98 Billion | Rs116.65 Billion | ▲ +10.9 pp |
| 2012 | 39.2% | Rs97.90 Billion | Rs249.63 Billion | Rs170.36 Billion | Rs72.46 Billion | ▼ -0.1 pp |
| 2011 | 39.3% | Rs73.95 Billion | Rs188.28 Billion | Rs157.89 Billion | Rs83.94 Billion | ▼ -7.9 pp |
| 2010 | 47.2% | Rs75.44 Billion | Rs159.77 Billion | Rs135.12 Billion | Rs59.68 Billion | ▲ +2.8 pp |
| 2009 | 44.4% | Rs55.53 Billion | Rs125.13 Billion | Rs100.31 Billion | Rs44.77 Billion | ▼ -3.4 pp |
| 2008 | 47.8% | Rs43.31 Billion | Rs90.62 Billion | Rs78.27 Billion | Rs34.95 Billion | ▲ +1.3 pp |
| 2007 | 46.5% | Rs28.67 Billion | Rs61.64 Billion | Rs51.65 Billion | Rs22.98 Billion | ▲ +11.4 pp |
| 2006 | 35.1% | Rs10.01 Billion | Rs28.51 Billion | Rs32.51 Billion | Rs22.50 Billion | ▼ -15.3 pp |
| 2005 | 50.4% | Rs17.97 Billion | Rs35.67 Billion | Rs32.51 Billion | Rs14.54 Billion | — |