Ice Make Refrigeration Limited (ICEMAKE) — Net Asset Quality Index
Ice Make Refrigeration Limited (ICEMAKE) has a Net Asset Quality Index of 28.3% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of Rs4.26 Billion minus total liabilities of Rs3.06 Billion yields net assets of Rs1.21 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check ICEMAKE asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Quality Index
Net Assets
Total Assets
Total Liabilities
Ice Make Refrigeration Limited Net Asset Quality Index Over Time (2013–2025)
This chart shows how Ice Make Refrigeration Limited's Net Asset Quality Index has evolved across 13 annual periods from 2013 to 2025. As of September 2025, the index stands at 28.3%, representing net assets of Rs1.21 Billion against total assets of Rs4.26 Billion INR. See ICEMAKE working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Net Asset Quality Index for Ice Make Refrigeration Limited (2013–2025)
The table below presents the year-by-year Net Asset Quality Index for Ice Make Refrigeration Limited from 2013 to 2025, covering 13 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 ICEMAKE market cap.
| Year | Quality Index | Net Assets (INR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 33.6% | Rs1.24 Billion | Rs3.68 Billion | Rs2.44 Billion | ▼ -15.6 pp |
| 2024 | 49.2% | Rs1.04 Billion | Rs2.11 Billion | Rs1.07 Billion | ▼ -1.8 pp |
| 2023 | 51.0% | Rs811.26 Million | Rs1.59 Billion | Rs778.98 Million | ▲ +1.7 pp |
| 2022 | 49.3% | Rs616.81 Million | Rs1.25 Billion | Rs633.64 Million | ▼ -2.9 pp |
| 2021 | 52.2% | Rs563.16 Million | Rs1.08 Billion | Rs514.84 Million | ▲ +1.4 pp |
| 2020 | 50.8% | Rs532.70 Million | Rs1.05 Billion | Rs515.73 Million | ▼ -9.7 pp |
| 2019 | 60.5% | Rs500.71 Million | Rs827.72 Million | Rs327.01 Million | ▲ +5.7 pp |
| 2018 | 54.7% | Rs445.96 Million | Rs814.61 Million | Rs368.65 Million | ▲ +26.5 pp |
| 2017 | 28.2% | Rs155.74 Million | Rs551.95 Million | Rs396.22 Million | ▲ +1.4 pp |
| 2016 | 26.8% | Rs103.80 Million | Rs386.74 Million | Rs282.94 Million | ▲ +3.7 pp |
| 2015 | 23.2% | Rs77.36 Million | Rs334.02 Million | Rs256.66 Million | ▼ -0.8 pp |
| 2014 | 24.0% | Rs68.02 Million | Rs283.56 Million | Rs215.53 Million | ▲ +1.9 pp |
| 2013 | 22.1% | Rs46.22 Million | Rs209.43 Million | Rs163.21 Million | — |