United Breweries Limited (UBL) — Working Capital to Net Assets Ratio
United Breweries Limited (UBL) has a Working Capital to Net Assets ratio of 26.3% as of March 2026. Working capital of Rs11.93 Billion (current assets of Rs62.26 Billion minus current liabilities of Rs50.33 Billion) is measured against net assets of Rs45.28 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See United Breweries Limited leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
United Breweries Limited Working Capital to Net Assets (2005–2026)
This chart shows how United Breweries Limited's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2005 to 2026. As of March 2026, the ratio stands at 26.3%, reflecting working capital of Rs11.93 Billion against net assets of Rs45.28 Billion INR. See operational self-sufficiency of United Breweries Limited to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for United Breweries Limited (2005–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for United Breweries 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. For live market cap and the full company profile, see UBL company net worth.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 26.3% | Rs11.93 Billion | Rs45.28 Billion | Rs62.26 Billion | Rs50.33 Billion | ▼ -11.9 pp |
| 2025 | 38.2% | Rs16.70 Billion | Rs43.70 Billion | Rs54.53 Billion | Rs37.83 Billion | ▲ +0.3 pp |
| 2024 | 37.9% | Rs15.86 Billion | Rs41.84 Billion | Rs44.15 Billion | Rs28.29 Billion | ▲ +2.4 pp |
| 2023 | 35.5% | Rs14.09 Billion | Rs39.70 Billion | Rs36.86 Billion | Rs22.77 Billion | ▼ -0.2 pp |
| 2022 | 35.7% | Rs14.05 Billion | Rs39.39 Billion | Rs33.79 Billion | Rs19.75 Billion | ▲ +2.6 pp |
| 2021 | 33.1% | Rs11.85 Billion | Rs35.86 Billion | Rs33.24 Billion | Rs21.38 Billion | ▲ +5.5 pp |
| 2020 | 27.6% | Rs9.71 Billion | Rs35.24 Billion | Rs29.61 Billion | Rs19.90 Billion | ▼ -0.7 pp |
| 2019 | 28.2% | Rs8.99 Billion | Rs31.87 Billion | Rs29.99 Billion | Rs21.00 Billion | ▼ -3.1 pp |
| 2018 | 31.3% | Rs8.44 Billion | Rs26.93 Billion | Rs26.41 Billion | Rs17.97 Billion | ▲ +11.5 pp |
| 2017 | 19.8% | Rs4.62 Billion | Rs23.37 Billion | Rs23.65 Billion | Rs19.03 Billion | ▲ +7.4 pp |
| 2016 | 12.4% | Rs2.61 Billion | Rs21.11 Billion | Rs20.14 Billion | Rs17.54 Billion | ▼ -4.5 pp |
| 2015 | 16.8% | Rs3.12 Billion | Rs18.53 Billion | Rs17.61 Billion | Rs14.49 Billion | ▼ -8.1 pp |
| 2014 | 25.0% | Rs4.26 Billion | Rs17.09 Billion | Rs20.03 Billion | Rs15.76 Billion | ▼ -5.1 pp |
| 2013 | 30.1% | Rs4.55 Billion | Rs15.13 Billion | Rs18.61 Billion | Rs14.06 Billion | ▲ +13.6 pp |
| 2012 | 16.5% | Rs2.25 Billion | Rs13.67 Billion | Rs16.87 Billion | Rs14.62 Billion | ▼ -36.4 pp |
| 2011 | 52.9% | Rs6.85 Billion | Rs12.95 Billion | Rs13.47 Billion | Rs6.62 Billion | ▼ -16.7 pp |
| 2010 | 69.6% | Rs7.89 Billion | Rs11.33 Billion | Rs12.95 Billion | Rs5.06 Billion | ▲ +5.3 pp |
| 2009 | 64.3% | Rs6.84 Billion | Rs10.62 Billion | Rs10.19 Billion | Rs3.35 Billion | ▲ +13.8 pp |
| 2008 | 50.5% | Rs3.08 Billion | Rs6.10 Billion | Rs6.18 Billion | Rs3.10 Billion | ▼ -35.1 pp |
| 2007 | 85.6% | Rs4.57 Billion | Rs5.34 Billion | Rs7.23 Billion | Rs2.66 Billion | ▼ -17.9 pp |
| 2006 | 103.6% | Rs5.11 Billion | Rs4.93 Billion | Rs7.12 Billion | Rs2.01 Billion | ▼ -32.2 pp |
| 2005 | 135.8% | Rs2.99 Billion | Rs2.20 Billion | Rs4.75 Billion | Rs1.76 Billion | — |