ICRA Limited (ICRA) — Financial Flexibility Index

Latest as of September 2025: 0.30x

ICRA Limited (ICRA) has a Financial Flexibility Index of 0.30x as of September 2025. Free cash flow of Rs829.26 Million (operating CF Rs779.99 Million minus capex Rs49.27 Million) represents 0% of total liabilities (Rs2.72 Billion). Also explore net asset momentum of ICRA Limited to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.30x
Free Cash Flow / Total Liabilities

Free Cash Flow

Rs829.26 Million
Operating CF − Capex

Total Liabilities

Rs2.72 Billion
INR

Capital Expenditures

Rs49.27 Million
INR

ICRA Limited Financial Flexibility Index (2002–2025)

Historical Financial Flexibility Index trend for ICRA Limited across 24 annual periods. Check ICRA strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for ICRA Limited (2002–2025)

Year-by-year free cash flow to debt coverage for ICRA Limited. For the full company profile including market capitalisation, see how much is ICRA Limited worth.

Year Flexibility Index Free Cash Flow (INR) Operating CF Total Liabilities YoY Change
2025 0.67x Rs1.57 Billion Rs1.45 Billion Rs2.37 Billion ▲ +20.1%
2024 0.55x Rs1.14 Billion Rs1.07 Billion Rs2.06 Billion ▼ -25.4%
2023 0.74x Rs1.08 Billion Rs992.58 Million Rs1.46 Billion ▼ -5.4%
2022 0.78x Rs1.03 Billion Rs973.75 Million Rs1.31 Billion ▲ +32.6%
2021 0.59x Rs798.97 Million Rs763.84 Million Rs1.35 Billion ▲ +229.6%
2020 0.18x Rs253.80 Million Rs213.19 Million Rs1.41 Billion ▼ -73.2%
2019 0.67x Rs855.67 Million Rs808.54 Million Rs1.28 Billion ▲ +16.8%
2018 0.57x Rs655.68 Million Rs619.00 Million Rs1.14 Billion ▼ -8.7%
2017 0.63x Rs696.85 Million Rs639.53 Million Rs1.11 Billion ▲ +15.7%
2016 0.54x Rs815.59 Million Rs711.89 Million Rs1.50 Billion ▼ -3.0%
2015 0.56x Rs860.63 Million Rs680.64 Million Rs1.54 Billion ▼ -40.8%
2014 0.95x Rs1.21 Billion Rs833.78 Million Rs1.28 Billion ▲ +213.3%
2013 0.30x Rs292.83 Million Rs239.67 Million Rs970.87 Million ▼ -42.1%
2012 0.52x Rs430.69 Million Rs389.82 Million Rs826.81 Million ▼ -24.3%
2011 0.69x Rs522.66 Million Rs475.41 Million Rs760.03 Million ▲ +48.5%
2010 0.46x Rs477.51 Million Rs417.33 Million Rs1.03 Billion ▼ -5.6%
2009 0.49x Rs417.40 Million Rs384.20 Million Rs850.29 Million ▼ -28.4%
2008 0.69x Rs360.12 Million Rs313.29 Million Rs525.19 Million ▲ +8662.9%
2007 0.01x Rs222.69 Million Rs159.12 Million Rs28.46 Billion ▼ -98.8%
2006 0.65x Rs123.69 Million Rs92.38 Million Rs191.55 Million ▼ -13.9%
2005 0.75x Rs106.03 Million Rs42.66 Million Rs141.37 Million ▲ +58.6%
2004 0.47x Rs74.73 Million Rs64.93 Million Rs157.99 Million ▼ -21.0%
2003 0.60x Rs69.29 Million Rs52.96 Million Rs115.73 Million ▼ -8.8%
2002 0.66x Rs63.74 Million Rs48.45 Million Rs97.05 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities