Thirumalai Chemicals Limited (TIRUMALCHM) — Working Capital to Net Assets Ratio
Thirumalai Chemicals Limited (TIRUMALCHM) has a Working Capital to Net Assets ratio of 10.2% as of September 2025. Working capital of Rs1.56 Billion (current assets of Rs10.94 Billion minus current liabilities of Rs9.38 Billion) is measured against net assets of Rs15.32 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Thirumalai Chemicals Limited balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Thirumalai Chemicals Limited Working Capital to Net Assets (2006–2025)
This chart shows how Thirumalai Chemicals 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 10.2%, reflecting working capital of Rs1.56 Billion against net assets of Rs15.32 Billion INR. Check TIRUMALCHM intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Thirumalai Chemicals Limited (2006–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Thirumalai Chemicals 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 TIRUMALCHM market cap.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 3.0% | Rs350.40 Million | Rs11.56 Billion | Rs9.61 Billion | Rs9.26 Billion | ▼ -6.1 pp |
| 2024 | 9.2% | Rs1.05 Billion | Rs11.46 Billion | Rs11.34 Billion | Rs10.29 Billion | ▼ -6.5 pp |
| 2023 | 15.7% | Rs1.87 Billion | Rs11.92 Billion | Rs10.53 Billion | Rs8.66 Billion | ▼ -28.2 pp |
| 2022 | 43.8% | Rs4.76 Billion | Rs10.85 Billion | Rs10.31 Billion | Rs5.55 Billion | ▲ +10.0 pp |
| 2021 | 33.9% | Rs2.72 Billion | Rs8.03 Billion | Rs5.73 Billion | Rs3.01 Billion | ▲ +2.8 pp |
| 2020 | 31.0% | Rs1.98 Billion | Rs6.38 Billion | Rs4.99 Billion | Rs3.01 Billion | ▲ +11.4 pp |
| 2019 | 19.7% | Rs1.31 Billion | Rs6.68 Billion | Rs4.59 Billion | Rs3.28 Billion | ▼ -14.1 pp |
| 2018 | 33.8% | Rs1.94 Billion | Rs5.73 Billion | Rs3.38 Billion | Rs1.44 Billion | ▲ +19.6 pp |
| 2017 | 14.1% | Rs418.61 Million | Rs2.96 Billion | Rs3.69 Billion | Rs3.27 Billion | ▲ +14.5 pp |
| 2016 | -0.4% | Rs-8.48 Million | Rs2.19 Billion | Rs2.50 Billion | Rs2.51 Billion | ▲ +3.0 pp |
| 2015 | -3.4% | Rs-65.44 Million | Rs1.93 Billion | Rs2.81 Billion | Rs2.87 Billion | ▼ -18.8 pp |
| 2014 | 15.4% | Rs330.48 Million | Rs2.15 Billion | Rs4.88 Billion | Rs4.55 Billion | ▼ -10.6 pp |
| 2013 | 25.9% | Rs515.74 Million | Rs1.99 Billion | Rs5.14 Billion | Rs4.63 Billion | ▲ +10.8 pp |
| 2012 | 15.1% | Rs232.81 Million | Rs1.54 Billion | Rs4.61 Billion | Rs4.37 Billion | ▼ -92.9 pp |
| 2011 | 108.0% | Rs1.42 Billion | Rs1.31 Billion | Rs3.55 Billion | Rs2.14 Billion | ▼ -102.8 pp |
| 2010 | 210.8% | Rs1.83 Billion | Rs868.54 Million | Rs3.52 Billion | Rs1.69 Billion | ▲ +31.8 pp |
| 2009 | 179.0% | Rs1.53 Billion | Rs852.39 Million | Rs2.92 Billion | Rs1.39 Billion | ▲ +20.4 pp |
| 2008 | 158.6% | Rs2.08 Billion | Rs1.31 Billion | Rs2.97 Billion | Rs887.68 Million | ▲ +82.5 pp |
| 2007 | 76.2% | Rs887.51 Million | Rs1.17 Billion | Rs3.43 Billion | Rs2.54 Billion | ▲ +36.4 pp |
| 2006 | 39.7% | Rs405.53 Million | Rs1.02 Billion | Rs2.49 Billion | Rs2.08 Billion | — |