Vibhor Steel Tubes Limited (VSTL) — Working Capital to Net Assets Ratio
Vibhor Steel Tubes Limited (VSTL) has a Working Capital to Net Assets ratio of 41.4% as of September 2025. Working capital of Rs796.72 Million (current assets of Rs3.35 Billion minus current liabilities of Rs2.56 Billion) is measured against net assets of Rs1.93 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Vibhor Steel Tubes Limited net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Vibhor Steel Tubes Limited Working Capital to Net Assets (2017–2025)
This chart shows how Vibhor Steel Tubes Limited's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2017 to 2025. As of September 2025, the ratio stands at 41.4%, reflecting working capital of Rs796.72 Million against net assets of Rs1.93 Billion INR. Check Vibhor Steel Tubes Limited tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Vibhor Steel Tubes Limited (2017–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Vibhor Steel Tubes Limited from 2017 to 2025, covering 9 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 Vibhor Steel Tubes Limited stock valuation.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 46.4% | Rs872.48 Million | Rs1.88 Billion | Rs3.24 Billion | Rs2.37 Billion | ▼ -9.4 pp |
| 2024 | 55.8% | Rs991.60 Million | Rs1.78 Billion | Rs2.82 Billion | Rs1.83 Billion | ▲ +5.3 pp |
| 2023 | 50.4% | Rs470.04 Million | Rs931.98 Million | Rs2.31 Billion | Rs1.84 Billion | ▼ -0.8 pp |
| 2022 | 51.3% | Rs369.03 Million | Rs719.73 Million | Rs1.97 Billion | Rs1.60 Billion | ▲ +22.2 pp |
| 2021 | 29.1% | Rs175.93 Million | Rs604.90 Million | Rs1.20 Billion | Rs1.02 Billion | ▼ -38.4 pp |
| 2020 | 67.5% | Rs403.49 Million | Rs598.02 Million | Rs1.51 Billion | Rs1.10 Billion | ▲ +8.8 pp |
| 2019 | 58.7% | Rs321.29 Million | Rs547.41 Million | Rs1.93 Billion | Rs1.61 Billion | ▲ +14.2 pp |
| 2018 | 44.5% | Rs215.88 Million | Rs484.90 Million | Rs1.46 Billion | Rs1.24 Billion | ▲ +23.7 pp |
| 2017 | 20.8% | Rs76.50 Million | Rs367.21 Million | Rs948.24 Million | Rs871.75 Million | — |