Veto Switchgears And Cables Limited (VETO) — Working Capital to Net Assets Ratio
Veto Switchgears And Cables Limited (VETO) has a Working Capital to Net Assets ratio of 76.5% as of March 2026. Working capital of Rs2.22 Billion (current assets of Rs3.23 Billion minus current liabilities of Rs1.01 Billion) is measured against net assets of Rs2.90 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See VETO financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Veto Switchgears And Cables Limited Working Capital to Net Assets (2010–2026)
This chart shows how Veto Switchgears And Cables Limited's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2010 to 2026. As of March 2026, the ratio stands at 76.5%, reflecting working capital of Rs2.22 Billion against net assets of Rs2.90 Billion INR. See operational self-sufficiency of Veto Switchgears And Cables Limited to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Veto Switchgears And Cables Limited (2010–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Veto Switchgears And Cables Limited from 2010 to 2026, covering 17 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 VETO market cap overview.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 76.5% | Rs2.22 Billion | Rs2.90 Billion | Rs3.23 Billion | Rs1.01 Billion | ▲ +1.5 pp |
| 2025 | 75.0% | Rs2.01 Billion | Rs2.67 Billion | Rs2.59 Billion | Rs584.41 Million | ▼ -5.7 pp |
| 2024 | 80.7% | Rs2.00 Billion | Rs2.47 Billion | Rs2.50 Billion | Rs499.98 Million | ▼ -3.9 pp |
| 2023 | 84.6% | Rs1.98 Billion | Rs2.34 Billion | Rs2.68 Billion | Rs704.06 Million | ▲ +3.0 pp |
| 2022 | 81.6% | Rs1.74 Billion | Rs2.13 Billion | Rs2.58 Billion | Rs836.69 Million | ▲ +6.3 pp |
| 2021 | 75.3% | Rs1.46 Billion | Rs1.94 Billion | Rs2.23 Billion | Rs771.27 Million | ▲ +1.3 pp |
| 2020 | 74.0% | Rs1.32 Billion | Rs1.78 Billion | Rs1.73 Billion | Rs412.69 Million | ▼ -5.6 pp |
| 2019 | 79.6% | Rs1.33 Billion | Rs1.67 Billion | Rs1.85 Billion | Rs521.76 Million | ▲ +0.9 pp |
| 2018 | 78.7% | Rs1.17 Billion | Rs1.48 Billion | Rs1.67 Billion | Rs499.20 Million | ▲ +8.6 pp |
| 2017 | 70.1% | Rs707.81 Million | Rs1.01 Billion | Rs1.09 Billion | Rs385.70 Million | ▲ +16.0 pp |
| 2016 | 54.1% | Rs437.42 Million | Rs808.89 Million | Rs990.27 Million | Rs552.85 Million | ▲ +0.3 pp |
| 2015 | 53.8% | Rs390.65 Million | Rs726.53 Million | Rs812.82 Million | Rs422.17 Million | ▲ +1.7 pp |
| 2014 | 52.1% | Rs341.35 Million | Rs655.37 Million | Rs741.11 Million | Rs399.76 Million | ▼ -25.6 pp |
| 2013 | 77.7% | Rs462.02 Million | Rs594.49 Million | Rs593.34 Million | Rs131.32 Million | ▲ +24.7 pp |
| 2012 | 53.0% | Rs143.72 Million | Rs271.07 Million | Rs427.24 Million | Rs283.53 Million | ▲ +6.0 pp |
| 2011 | 47.0% | Rs93.21 Million | Rs198.35 Million | Rs341.01 Million | Rs247.80 Million | ▲ +8.6 pp |
| 2010 | 38.4% | Rs53.66 Million | Rs139.79 Million | Rs321.37 Million | Rs267.71 Million | — |