UltraTech Cement Limited Working Capital to Net Assets Ratio
UltraTech Cement Limited working capital to net assets ratio. UltraTech Cement Limited (ULTRACEMCO) has a Working Capital to Net Assets ratio of -14.7% as of September 2025. Working capital of Rs-111.48 Billion (current assets of Rs237.57 Billion minus current liabilities of Rs349.04 Billion) is measured against net assets of Rs759.67 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check ULTRACEMCO tangible net assets ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of UltraTech Cement Limited (2005–2025)
Working capital to net assets ratio of UltraTech Cement Limited from 2005 to 2025. This chart shows how UltraTech Cement 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 -14.7%, reflecting working capital of Rs-111.48 Billion against net assets of Rs759.67 Billion INR. See ULTRACEMCO defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
UltraTech Cement Limited Working Capital to Net Assets Ratio by Year (2005–2025)
UltraTech Cement Limited working capital to net assets ratio by year from 2005 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for UltraTech Cement 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 the complete balance sheet picture, see UltraTech Cement Limited (ULTRACEMCO) total assets.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -11.9% | Rs-87.65 Billion | Rs738.93 Billion | Rs236.00 Billion | Rs323.65 Billion | ▼ -5.6 pp |
| 2024 | -6.2% | Rs-37.62 Billion | Rs602.83 Billion | Rs231.43 Billion | Rs269.06 Billion | ▼ -1.3 pp |
| 2023 | -5.0% | Rs-27.07 Billion | Rs542.69 Billion | Rs207.25 Billion | Rs234.32 Billion | ▲ +0.3 pp |
| 2022 | -5.3% | Rs-26.75 Billion | Rs504.32 Billion | Rs174.80 Billion | Rs201.55 Billion | ▼ -11.4 pp |
| 2021 | 6.1% | Rs27.06 Billion | Rs441.80 Billion | Rs230.54 Billion | Rs203.48 Billion | ▲ +11.8 pp |
| 2020 | -5.6% | Rs-22.10 Billion | Rs391.23 Billion | Rs139.32 Billion | Rs161.42 Billion | ▼ -1.8 pp |
| 2019 | -3.9% | Rs-11.02 Billion | Rs284.01 Billion | Rs117.55 Billion | Rs128.57 Billion | ▼ -4.4 pp |
| 2018 | 0.5% | Rs1.30 Billion | Rs263.97 Billion | Rs114.68 Billion | Rs113.39 Billion | ▼ -20.0 pp |
| 2017 | 20.5% | Rs49.95 Billion | Rs244.01 Billion | Rs133.25 Billion | Rs83.29 Billion | ▲ +27.8 pp |
| 2016 | -7.4% | Rs-15.53 Billion | Rs210.74 Billion | Rs99.75 Billion | Rs115.27 Billion | ▲ +4.3 pp |
| 2015 | -11.7% | Rs-22.23 Billion | Rs190.59 Billion | Rs87.97 Billion | Rs110.20 Billion | ▼ -28.9 pp |
| 2014 | 17.3% | Rs29.70 Billion | Rs171.99 Billion | Rs95.02 Billion | Rs65.33 Billion | ▲ +9.3 pp |
| 2013 | 7.9% | Rs12.16 Billion | Rs153.08 Billion | Rs82.83 Billion | Rs70.67 Billion | ▼ -7.1 pp |
| 2012 | 15.0% | Rs19.39 Billion | Rs128.87 Billion | Rs72.45 Billion | Rs53.06 Billion | ▲ +10.4 pp |
| 2011 | 4.6% | Rs4.93 Billion | Rs107.12 Billion | Rs41.36 Billion | Rs36.43 Billion | ▲ +0.1 pp |
| 2010 | 4.5% | Rs2.08 Billion | Rs46.27 Billion | Rs15.13 Billion | Rs13.05 Billion | ▲ +0.7 pp |
| 2009 | 3.8% | Rs1.39 Billion | Rs36.18 Billion | Rs13.90 Billion | Rs12.51 Billion | ▲ +2.4 pp |
| 2008 | 1.4% | Rs386.50 Million | Rs27.08 Billion | Rs13.20 Billion | Rs12.81 Billion | ▼ -10.5 pp |
| 2007 | 12.0% | Rs2.12 Billion | Rs17.74 Billion | Rs9.69 Billion | Rs7.57 Billion | ▼ -8.7 pp |
| 2006 | 20.7% | Rs2.17 Billion | Rs10.46 Billion | Rs7.76 Billion | Rs5.59 Billion | ▼ -4.3 pp |
| 2005 | 25.0% | Rs2.44 Billion | Rs9.78 Billion | Rs7.21 Billion | Rs4.77 Billion | — |