Waaree Energies Limited (WAAREEENER) — Working Capital to Net Assets Ratio
Waaree Energies Limited (WAAREEENER) has a Working Capital to Net Assets ratio of 32.4% as of March 2026. Working capital of Rs48.69 Billion (current assets of Rs175.77 Billion minus current liabilities of Rs127.08 Billion) is measured against net assets of Rs150.11 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Waaree Energies Limited 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
Waaree Energies Limited Working Capital to Net Assets (2017–2026)
This chart shows how Waaree Energies Limited's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2017 to 2026. As of March 2026, the ratio stands at 32.4%, reflecting working capital of Rs48.69 Billion against net assets of Rs150.11 Billion INR. See Waaree Energies Limited defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Waaree Energies Limited (2017–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Waaree Energies Limited from 2017 to 2026, covering 10 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 WAAREEENER market cap.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 32.4% | Rs48.69 Billion | Rs150.11 Billion | Rs175.77 Billion | Rs127.08 Billion | ▼ -13.1 pp |
| 2025 | 45.6% | Rs43.71 Billion | Rs95.95 Billion | Rs131.57 Billion | Rs87.86 Billion | ▼ -16.9 pp |
| 2024 | 62.4% | Rs25.90 Billion | Rs41.48 Billion | Rs80.13 Billion | Rs54.23 Billion | ▲ +32.7 pp |
| 2023 | 29.7% | Rs5.54 Billion | Rs18.62 Billion | Rs54.83 Billion | Rs49.29 Billion | ▲ +64.6 pp |
| 2022 | -34.9% | Rs-1.53 Billion | Rs4.40 Billion | Rs13.44 Billion | Rs14.98 Billion | ▼ -72.0 pp |
| 2021 | 37.1% | Rs1.46 Billion | Rs3.93 Billion | Rs7.70 Billion | Rs6.25 Billion | ▼ -3.4 pp |
| 2020 | 40.5% | Rs1.38 Billion | Rs3.41 Billion | Rs6.08 Billion | Rs4.70 Billion | ▼ -13.2 pp |
| 2019 | 53.7% | Rs1.38 Billion | Rs2.58 Billion | Rs5.82 Billion | Rs4.43 Billion | ▲ +90.4 pp |
| 2018 | -36.6% | Rs-644.02 Million | Rs1.76 Billion | Rs3.14 Billion | Rs3.79 Billion | ▼ -7.0 pp |
| 2017 | -29.7% | Rs-667.22 Million | Rs2.25 Billion | Rs3.47 Billion | Rs4.14 Billion | — |