V-Guard Industries Limited (VGUARD) — Working Capital to Net Assets Ratio
V-Guard Industries Limited (VGUARD) has a Working Capital to Net Assets ratio of 36.9% as of March 2026. Working capital of Rs8.75 Billion (current assets of Rs19.65 Billion minus current liabilities of Rs10.90 Billion) is measured against net assets of Rs23.73 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See V-Guard Industries Limited defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
V-Guard Industries Limited Working Capital to Net Assets (2005–2026)
This chart shows how V-Guard Industries 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 36.9%, reflecting working capital of Rs8.75 Billion against net assets of Rs23.73 Billion INR. For the complete balance sheet picture, see VGUARD asset base.
Annual Working Capital to Net Assets for V-Guard Industries Limited (2005–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for V-Guard Industries 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. Check V-Guard Industries Limited asset resilience ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 36.9% | Rs8.75 Billion | Rs23.73 Billion | Rs19.65 Billion | Rs10.90 Billion | ▲ +2.1 pp |
| 2025 | 34.8% | Rs7.30 Billion | Rs20.98 Billion | Rs17.52 Billion | Rs10.23 Billion | ▼ -0.2 pp |
| 2024 | 35.0% | Rs6.35 Billion | Rs18.14 Billion | Rs16.37 Billion | Rs10.02 Billion | ▼ -7.8 pp |
| 2023 | 42.8% | Rs6.89 Billion | Rs16.08 Billion | Rs15.05 Billion | Rs8.17 Billion | ▼ -20.9 pp |
| 2022 | 63.7% | Rs8.94 Billion | Rs14.02 Billion | Rs15.20 Billion | Rs6.27 Billion | ▼ -2.7 pp |
| 2021 | 66.5% | Rs8.08 Billion | Rs12.16 Billion | Rs14.01 Billion | Rs5.93 Billion | ▲ +1.3 pp |
| 2020 | 65.2% | Rs6.52 Billion | Rs9.99 Billion | Rs10.60 Billion | Rs4.09 Billion | ▼ -5.1 pp |
| 2019 | 70.3% | Rs6.34 Billion | Rs9.02 Billion | Rs10.89 Billion | Rs4.55 Billion | ▲ +2.3 pp |
| 2018 | 68.1% | Rs5.11 Billion | Rs7.51 Billion | Rs9.16 Billion | Rs4.05 Billion | ▼ -3.4 pp |
| 2017 | 71.4% | Rs4.55 Billion | Rs6.37 Billion | Rs7.29 Billion | Rs2.74 Billion | ▲ +3.4 pp |
| 2016 | 68.0% | Rs3.20 Billion | Rs4.71 Billion | Rs5.35 Billion | Rs2.15 Billion | ▲ +3.5 pp |
| 2015 | 64.6% | Rs2.44 Billion | Rs3.78 Billion | Rs5.43 Billion | Rs2.99 Billion | ▲ +3.0 pp |
| 2014 | 61.6% | Rs1.96 Billion | Rs3.18 Billion | Rs4.96 Billion | Rs3.00 Billion | ▲ +1.7 pp |
| 2013 | 59.8% | Rs1.56 Billion | Rs2.61 Billion | Rs4.96 Billion | Rs3.40 Billion | ▲ +7.6 pp |
| 2012 | 52.2% | Rs1.10 Billion | Rs2.11 Billion | Rs3.32 Billion | Rs2.22 Billion | ▼ -65.3 pp |
| 2011 | 117.5% | Rs2.02 Billion | Rs1.72 Billion | Rs2.89 Billion | Rs870.89 Million | ▲ +41.2 pp |
| 2010 | 76.3% | Rs1.08 Billion | Rs1.41 Billion | Rs1.90 Billion | Rs824.44 Million | ▲ +37.8 pp |
| 2009 | 38.5% | Rs487.17 Million | Rs1.26 Billion | Rs1.26 Billion | Rs776.34 Million | ▼ -32.5 pp |
| 2008 | 71.0% | Rs836.40 Million | Rs1.18 Billion | Rs1.49 Billion | Rs651.41 Million | ▼ -29.2 pp |
| 2007 | 100.2% | Rs382.67 Million | Rs381.80 Million | Rs758.16 Million | Rs375.48 Million | ▲ +34.3 pp |
| 2006 | 65.9% | Rs191.99 Million | Rs291.23 Million | Rs412.81 Million | Rs220.82 Million | ▲ +48.8 pp |
| 2005 | 17.1% | Rs39.97 Million | Rs233.39 Million | Rs334.87 Million | Rs294.90 Million | — |