Thyrocare Technologies Limited (THYROCARE) — Working Capital to Net Assets Ratio
Thyrocare Technologies Limited (THYROCARE) has a Working Capital to Net Assets ratio of 37.7% as of September 2025. Working capital of Rs2.01 Billion (current assets of Rs3.24 Billion minus current liabilities of Rs1.22 Billion) is measured against net assets of Rs5.34 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See THYROCARE net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Thyrocare Technologies Limited Working Capital to Net Assets (2011–2025)
This chart shows how Thyrocare Technologies Limited's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2011 to 2025. As of September 2025, the ratio stands at 37.7%, reflecting working capital of Rs2.01 Billion against net assets of Rs5.34 Billion INR. Check tangible net worth ratio of Thyrocare Technologies Limited to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Thyrocare Technologies Limited (2011–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Thyrocare Technologies Limited from 2011 to 2025, covering 15 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 THYROCARE market cap.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 39.5% | Rs2.16 Billion | Rs5.47 Billion | Rs3.38 Billion | Rs1.22 Billion | ▲ +3.8 pp |
| 2024 | 35.6% | Rs1.88 Billion | Rs5.28 Billion | Rs2.79 Billion | Rs904.80 Million | ▼ -1.0 pp |
| 2023 | 36.6% | Rs1.96 Billion | Rs5.35 Billion | Rs2.73 Billion | Rs771.00 Million | ▼ -2.4 pp |
| 2022 | 39.0% | Rs2.06 Billion | Rs5.27 Billion | Rs2.70 Billion | Rs645.20 Million | ▲ +5.0 pp |
| 2021 | 34.0% | Rs1.45 Billion | Rs4.27 Billion | Rs2.40 Billion | Rs951.00 Million | ▲ +14.8 pp |
| 2020 | 19.2% | Rs705.60 Million | Rs3.67 Billion | Rs1.52 Billion | Rs816.90 Million | ▼ -7.3 pp |
| 2019 | 26.5% | Rs1.15 Billion | Rs4.35 Billion | Rs1.36 Billion | Rs205.90 Million | ▼ -1.0 pp |
| 2018 | 27.5% | Rs1.22 Billion | Rs4.43 Billion | Rs1.42 Billion | Rs202.88 Million | ▼ -4.4 pp |
| 2017 | 31.9% | Rs1.30 Billion | Rs4.07 Billion | Rs1.46 Billion | Rs164.19 Million | ▲ +3.8 pp |
| 2016 | 28.2% | Rs1.03 Billion | Rs3.66 Billion | Rs1.34 Billion | Rs314.06 Million | ▼ -5.3 pp |
| 2015 | 33.4% | Rs1.04 Billion | Rs3.11 Billion | Rs1.11 Billion | Rs68.09 Million | ▼ -25.9 pp |
| 2014 | 59.3% | Rs1.22 Billion | Rs2.06 Billion | Rs1.29 Billion | Rs64.08 Million | ▲ +6.8 pp |
| 2013 | 52.5% | Rs840.82 Million | Rs1.60 Billion | Rs880.52 Million | Rs39.70 Million | ▼ -31.7 pp |
| 2012 | 84.3% | Rs863.46 Million | Rs1.02 Billion | Rs897.81 Million | Rs34.35 Million | ▲ +8.1 pp |
| 2011 | 76.2% | Rs514.43 Million | Rs675.33 Million | Rs559.67 Million | Rs45.24 Million | — |