Ludan Engineering Co. Ltd (LUDN) — Working Capital to Net Assets Ratio
Ludan Engineering Co. Ltd (LUDN) has a Working Capital to Net Assets ratio of 11.9% as of December 2025. Working capital of ILA10.04 Million (current assets of ILA150.63 Million minus current liabilities of ILA140.58 Million) is measured against net assets of ILA84.31 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See LUDN 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
Ludan Engineering Co. Ltd Working Capital to Net Assets (2011–2025)
This chart shows how Ludan Engineering Co. Ltd's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2011 to 2025. As of December 2025, the ratio stands at 11.9%, reflecting working capital of ILA10.04 Million against net assets of ILA84.31 Million ILA. See LUDN days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Ludan Engineering Co. Ltd (2011–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ludan Engineering Co. Ltd from 2011 to 2025, covering 15 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 LUDN company net worth.
| Year | WC/NA Ratio | Working Capital (ILA) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 11.9% | ILA10.04 Million | ILA84.31 Million | ILA150.63 Million | ILA140.58 Million | ▼ -44.1 pp |
| 2024 | 56.0% | ILA80.14 Million | ILA143.01 Million | ILA313.05 Million | ILA232.91 Million | ▼ -7.4 pp |
| 2023 | 63.4% | ILA90.24 Million | ILA142.32 Million | ILA302.01 Million | ILA211.77 Million | ▲ +3.1 pp |
| 2022 | 60.3% | ILA79.33 Million | ILA131.66 Million | ILA270.45 Million | ILA191.12 Million | ▲ +15.4 pp |
| 2021 | 44.8% | ILA36.78 Million | ILA82.07 Million | ILA241.05 Million | ILA204.27 Million | ▲ +15.1 pp |
| 2020 | 29.7% | ILA21.05 Million | ILA70.89 Million | ILA227.73 Million | ILA206.68 Million | ▼ -7.1 pp |
| 2019 | 36.7% | ILA27.02 Million | ILA73.53 Million | ILA245.53 Million | ILA218.51 Million | ▼ -47.4 pp |
| 2018 | 84.1% | ILA60.04 Million | ILA71.37 Million | ILA293.26 Million | ILA233.22 Million | ▲ +11.8 pp |
| 2017 | 72.3% | ILA60.29 Million | ILA83.38 Million | ILA276.33 Million | ILA216.04 Million | ▼ -16.0 pp |
| 2016 | 88.3% | ILA65.37 Million | ILA74.04 Million | ILA257.34 Million | ILA191.97 Million | ▼ -27.1 pp |
| 2015 | 115.4% | ILA76.72 Million | ILA66.46 Million | ILA281.51 Million | ILA204.79 Million | ▲ +44.0 pp |
| 2014 | 71.5% | ILA53.28 Million | ILA74.55 Million | ILA212.28 Million | ILA159.00 Million | ▲ +0.4 pp |
| 2013 | 71.1% | ILA59.49 Million | ILA83.69 Million | ILA243.68 Million | ILA184.18 Million | ▼ -4.0 pp |
| 2012 | 75.1% | ILA61.69 Million | ILA82.20 Million | ILA222.01 Million | ILA160.32 Million | ▼ -12.8 pp |
| 2011 | 87.8% | ILA71.29 Million | ILA81.16 Million | ILA182.89 Million | ILA111.61 Million | — |