Cummins India Limited (CUMMINSIND) — Net Asset Quality Index
Cummins India Limited (CUMMINSIND) has a Net Asset Quality Index of 74.9% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of Rs105.40 Billion minus total liabilities of Rs26.45 Billion yields net assets of Rs78.95 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See CUMMINSIND defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Cummins India Limited Net Asset Quality Index Over Time (2005–2025)
This chart shows how Cummins India Limited's Net Asset Quality Index has evolved across 21 annual periods from 2005 to 2025. As of September 2025, the index stands at 74.9%, representing net assets of Rs78.95 Billion against total assets of Rs105.40 Billion INR. Explore Cummins India Limited operating cash flow efficiency to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Cummins India Limited (2005–2025)
The table below presents the year-by-year Net Asset Quality Index for Cummins India Limited from 2005 to 2025, covering 21 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see market value of Cummins India Limited.
| Year | Quality Index | Net Assets (INR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 74.4% | Rs75.61 Billion | Rs101.68 Billion | Rs26.07 Billion | ▲ +0.6 pp |
| 2024 | 73.7% | Rs66.12 Billion | Rs89.71 Billion | Rs23.58 Billion | ▲ +1.0 pp |
| 2023 | 72.7% | Rs57.58 Billion | Rs79.19 Billion | Rs21.60 Billion | ▲ +0.4 pp |
| 2022 | 72.3% | Rs51.45 Billion | Rs71.12 Billion | Rs19.67 Billion | ▼ -5.8 pp |
| 2021 | 78.1% | Rs46.51 Billion | Rs59.56 Billion | Rs13.05 Billion | ▲ +7.0 pp |
| 2020 | 71.0% | Rs44.02 Billion | Rs61.96 Billion | Rs17.94 Billion | ▲ +0.4 pp |
| 2019 | 70.7% | Rs42.83 Billion | Rs60.60 Billion | Rs17.77 Billion | ▼ -1.4 pp |
| 2018 | 72.1% | Rs41.19 Billion | Rs57.15 Billion | Rs15.96 Billion | ▼ -2.2 pp |
| 2017 | 74.2% | Rs38.71 Billion | Rs52.14 Billion | Rs13.43 Billion | ▲ +5.4 pp |
| 2016 | 68.8% | Rs33.33 Billion | Rs48.43 Billion | Rs15.10 Billion | ▲ +2.0 pp |
| 2015 | 66.8% | Rs28.87 Billion | Rs43.22 Billion | Rs14.35 Billion | ▼ -1.2 pp |
| 2014 | 68.0% | Rs25.65 Billion | Rs37.73 Billion | Rs12.08 Billion | ▲ +3.0 pp |
| 2013 | 65.0% | Rs23.87 Billion | Rs36.70 Billion | Rs12.83 Billion | ▼ -0.8 pp |
| 2012 | 65.9% | Rs20.43 Billion | Rs31.02 Billion | Rs10.59 Billion | ▲ +2.8 pp |
| 2011 | 63.0% | Rs18.06 Billion | Rs28.66 Billion | Rs10.59 Billion | ▼ -2.5 pp |
| 2010 | 65.5% | Rs15.61 Billion | Rs23.84 Billion | Rs8.23 Billion | ▲ +1.8 pp |
| 2009 | 63.6% | Rs14.85 Billion | Rs23.34 Billion | Rs8.48 Billion | ▲ +2.2 pp |
| 2008 | 61.4% | Rs12.34 Billion | Rs20.10 Billion | Rs7.75 Billion | ▼ -3.4 pp |
| 2007 | 64.8% | Rs10.21 Billion | Rs15.75 Billion | Rs5.54 Billion | ▲ +0.8 pp |
| 2006 | 64.1% | Rs8.53 Billion | Rs13.31 Billion | Rs4.78 Billion | ▲ +1.4 pp |
| 2005 | 62.7% | Rs7.64 Billion | Rs12.18 Billion | Rs4.54 Billion | — |