Morarjee Textiles Limited (MORARJEE) — Net Asset Quality Index
Morarjee Textiles Limited (MORARJEE) has a Net Asset Quality Index of -108.9% as of March 2024. This metric measures the proportion of total assets financed by shareholders' equity — total assets of Rs4.41 Billion minus total liabilities of Rs9.20 Billion yields net assets of Rs-4.80 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See MORARJEE days of operational coverage to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Morarjee Textiles Limited Net Asset Quality Index Over Time (2004–2024)
This chart shows how Morarjee Textiles Limited's Net Asset Quality Index has evolved across 21 annual periods from 2004 to 2024. As of March 2024, the index stands at -108.9%, representing net assets of Rs-4.80 Billion against total assets of Rs4.41 Billion INR. Explore how efficiently does Morarjee Textiles Limited generate cash to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Morarjee Textiles Limited (2004–2024)
The table below presents the year-by-year Net Asset Quality Index for Morarjee Textiles Limited from 2004 to 2024, 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 cap of Morarjee Textiles Limited.
| Year | Quality Index | Net Assets (INR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | -108.9% | Rs-4.80 Billion | Rs4.41 Billion | Rs9.20 Billion | ▼ -53.6 pp |
| 2023 | -55.2% | Rs-2.78 Billion | Rs5.04 Billion | Rs7.82 Billion | ▼ -40.4 pp |
| 2022 | -14.9% | Rs-933.26 Million | Rs6.27 Billion | Rs7.20 Billion | ▼ -14.1 pp |
| 2021 | -0.8% | Rs-50.65 Million | Rs6.57 Billion | Rs6.62 Billion | ▼ -9.1 pp |
| 2020 | 8.3% | Rs568.81 Million | Rs6.85 Billion | Rs6.28 Billion | ▼ -3.2 pp |
| 2019 | 11.5% | Rs833.12 Million | Rs7.23 Billion | Rs6.39 Billion | ▼ -3.2 pp |
| 2018 | 14.7% | Rs1.08 Billion | Rs7.33 Billion | Rs6.26 Billion | ▼ -6.3 pp |
| 2017 | 21.0% | Rs1.58 Billion | Rs7.52 Billion | Rs5.95 Billion | ▼ -2.1 pp |
| 2016 | 23.0% | Rs1.41 Billion | Rs6.14 Billion | Rs4.73 Billion | ▼ -8.3 pp |
| 2015 | 31.3% | Rs1.33 Billion | Rs4.26 Billion | Rs2.92 Billion | ▲ +1.4 pp |
| 2014 | 29.9% | Rs1.23 Billion | Rs4.11 Billion | Rs2.88 Billion | ▲ +3.0 pp |
| 2013 | 27.0% | Rs1.07 Billion | Rs3.98 Billion | Rs2.91 Billion | ▲ +0.3 pp |
| 2012 | 26.6% | Rs1.00 Billion | Rs3.77 Billion | Rs2.77 Billion | ▲ +6.0 pp |
| 2011 | 20.6% | Rs836.67 Million | Rs4.06 Billion | Rs3.22 Billion | ▲ +4.6 pp |
| 2010 | 16.0% | Rs648.24 Million | Rs4.05 Billion | Rs3.41 Billion | ▲ +5.6 pp |
| 2009 | 10.4% | Rs417.21 Million | Rs4.02 Billion | Rs3.61 Billion | ▼ -11.3 pp |
| 2008 | 21.6% | Rs891.90 Million | Rs4.12 Billion | Rs3.23 Billion | ▼ -7.5 pp |
| 2007 | 29.2% | Rs1.08 Billion | Rs3.71 Billion | Rs2.63 Billion | ▲ +11.0 pp |
| 2006 | 18.2% | Rs441.09 Million | Rs2.43 Billion | Rs1.99 Billion | ▼ -2.5 pp |
| 2005 | 20.7% | Rs377.97 Million | Rs1.83 Billion | Rs1.45 Billion | ▲ +2.5 pp |
| 2004 | 18.2% | Rs339.42 Million | Rs1.86 Billion | Rs1.52 Billion | — |