The Western India Plywoods Limited (WIPL) — Working Capital to Net Assets Ratio
The Western India Plywoods Limited (WIPL) has a Working Capital to Net Assets ratio of 57.2% as of September 2025. Working capital of Rs256.20 Million (current assets of Rs531.60 Million minus current liabilities of Rs275.40 Million) is measured against net assets of Rs447.60 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See WIPL 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
The Western India Plywoods Limited Working Capital to Net Assets (2013–2025)
This chart shows how The Western India Plywoods Limited's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of September 2025, the ratio stands at 57.2%, reflecting working capital of Rs256.20 Million against net assets of Rs447.60 Million INR. For the complete balance sheet picture, see The Western India Plywoods Limited asset portfolio.
Annual Working Capital to Net Assets for The Western India Plywoods Limited (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for The Western India Plywoods Limited from 2013 to 2025, covering 13 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 asset resilience ratio of The Western India Plywoods Limited to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 59.2% | Rs268.10 Million | Rs452.90 Million | Rs504.60 Million | Rs236.50 Million | ▼ -2.8 pp |
| 2024 | 62.0% | Rs267.50 Million | Rs431.60 Million | Rs462.10 Million | Rs194.60 Million | ▼ -8.6 pp |
| 2023 | 70.6% | Rs290.60 Million | Rs411.50 Million | Rs452.50 Million | Rs161.90 Million | ▼ -8.8 pp |
| 2022 | 79.4% | Rs305.10 Million | Rs384.10 Million | Rs436.68 Million | Rs131.58 Million | ▼ -1.0 pp |
| 2021 | 80.4% | Rs316.50 Million | Rs393.59 Million | Rs447.97 Million | Rs131.47 Million | ▼ -3.8 pp |
| 2020 | 84.2% | Rs336.70 Million | Rs399.97 Million | Rs513.44 Million | Rs176.73 Million | ▲ +1.4 pp |
| 2019 | 82.8% | Rs332.00 Million | Rs400.92 Million | Rs567.34 Million | Rs235.34 Million | ▲ +1.7 pp |
| 2018 | 81.1% | Rs315.52 Million | Rs388.88 Million | Rs574.40 Million | Rs258.88 Million | ▲ +28.3 pp |
| 2017 | 52.9% | Rs209.44 Million | Rs396.09 Million | Rs634.32 Million | Rs424.88 Million | ▼ -1.0 pp |
| 2016 | 53.8% | Rs216.35 Million | Rs401.79 Million | Rs603.09 Million | Rs386.74 Million | ▼ -5.5 pp |
| 2015 | 59.4% | Rs229.90 Million | Rs387.33 Million | Rs652.37 Million | Rs422.47 Million | ▲ +8.3 pp |
| 2014 | 51.0% | Rs183.50 Million | Rs359.48 Million | Rs624.12 Million | Rs440.62 Million | ▼ -1.6 pp |
| 2013 | 52.7% | Rs189.78 Million | Rs360.39 Million | Rs661.33 Million | Rs471.55 Million | — |