Zenith Steel Pipes & Industries Limited Working Capital to Net Assets Ratio
Zenith Steel Pipes & Industries Limited 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. Check tangible equity quality of Zenith Steel Pipes & Industries Limited to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Zenith Steel Pipes & Industries Limited (2005–2025)
Working capital to net assets ratio of Zenith Steel Pipes & Industries Limited from 2005 to 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 ZENITHSTL defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Zenith Steel Pipes & Industries Limited Working Capital to Net Assets Ratio by Year (2005–2025)
Zenith Steel Pipes & Industries Limited working capital to net assets ratio by year from 2005 to 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 the complete balance sheet picture, see Zenith Steel Pipes & Industries Limited total assets.
| 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 | — |