Zenith Steel Pipes & Industries Limited (ZENITHSTL) — Working Capital to Net Assets Ratio
Zenith Steel Pipes & Industries Limited (ZENITHSTL) has a Working Capital to Net Assets ratio of 114.8% as of March 2025. Working capital of Rs-2.95 Billion (current assets of Rs876.49 Million minus current liabilities of Rs3.82 Billion) is measured against net assets of Rs-2.57 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See ZENITHSTL financial flexibility score to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Zenith Steel Pipes & Industries Limited Working Capital to Net Assets (2005–2025)
This chart shows how Zenith Steel Pipes & Industries Limited's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of March 2025, the ratio stands at 114.8%, reflecting working capital of Rs-2.95 Billion against net assets of Rs-2.57 Billion INR. See Zenith Steel Pipes & Industries Limited (ZENITHSTL) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Zenith Steel Pipes & Industries Limited (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Zenith Steel Pipes & Industries Limited from 2005 to 2025, covering 21 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 Zenith Steel Pipes & Industries Limited market cap and net worth.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 114.8% | Rs-2.95 Billion | Rs-2.57 Billion | Rs876.49 Million | Rs3.82 Billion | ▼ -0.1 pp |
| 2024 | 114.9% | Rs-2.95 Billion | Rs-2.57 Billion | Rs1.10 Billion | Rs4.06 Billion | ▲ +3.0 pp |
| 2023 | 111.9% | Rs-2.87 Billion | Rs-2.56 Billion | Rs1.21 Billion | Rs4.07 Billion | ▲ +1.8 pp |
| 2022 | 110.2% | Rs-2.66 Billion | Rs-2.42 Billion | Rs1.46 Billion | Rs4.12 Billion | ▼ -2.6 pp |
| 2021 | 112.8% | Rs-2.86 Billion | Rs-2.54 Billion | Rs861.62 Million | Rs3.72 Billion | ▼ -4.8 pp |
| 2020 | 117.6% | Rs-2.95 Billion | Rs-2.51 Billion | Rs1.10 Billion | Rs4.06 Billion | ▼ -11.9 pp |
| 2019 | 129.5% | Rs-3.13 Billion | Rs-2.42 Billion | Rs1.43 Billion | Rs4.57 Billion | ▼ -19.4 pp |
| 2018 | 148.9% | Rs-1.91 Billion | Rs-1.29 Billion | Rs2.49 Billion | Rs4.41 Billion | ▼ -39.6 pp |
| 2017 | 188.5% | Rs-1.66 Billion | Rs-881.50 Million | Rs2.43 Billion | Rs4.10 Billion | ▼ -48.0 pp |
| 2016 | 236.5% | Rs-1.29 Billion | Rs-546.81 Million | Rs2.39 Billion | Rs3.69 Billion | ▼ -222.9 pp |
| 2015 | 459.5% | Rs-1.01 Billion | Rs-220.20 Million | Rs2.44 Billion | Rs3.45 Billion | ▲ +523.1 pp |
| 2014 | -63.7% | Rs-312.25 Million | Rs490.39 Million | Rs3.46 Billion | Rs3.78 Billion | ▼ -114.8 pp |
| 2013 | 51.1% | Rs1.26 Billion | Rs2.47 Billion | Rs5.62 Billion | Rs4.36 Billion | ▼ -16.4 pp |
| 2012 | 67.5% | Rs2.01 Billion | Rs2.98 Billion | Rs5.46 Billion | Rs3.45 Billion | ▼ -32.8 pp |
| 2011 | 100.4% | Rs3.00 Billion | Rs2.99 Billion | Rs5.47 Billion | Rs2.47 Billion | ▼ -0.4 pp |
| 2010 | 100.8% | Rs1.83 Billion | Rs1.81 Billion | Rs4.46 Billion | Rs2.63 Billion | ▲ +23.7 pp |
| 2009 | 77.1% | Rs1.73 Billion | Rs2.25 Billion | Rs4.13 Billion | Rs2.40 Billion | ▼ -15.4 pp |
| 2008 | 92.5% | Rs1.99 Billion | Rs2.15 Billion | Rs4.11 Billion | Rs2.13 Billion | ▼ -9.3 pp |
| 2007 | 101.8% | Rs2.03 Billion | Rs1.99 Billion | Rs3.80 Billion | Rs1.77 Billion | ▲ +111.2 pp |
| 2006 | -9.4% | Rs-61.98 Million | Rs658.15 Million | Rs1.94 Billion | Rs2.00 Billion | ▲ +5.5 pp |
| 2005 | -14.9% | Rs-78.90 Million | Rs529.34 Million | Rs1.48 Billion | Rs1.56 Billion | — |