Race Eco Chain Limited (RACE) — Net Asset Quality Index
Race Eco Chain Limited (RACE) has a Net Asset Quality Index of 40.1% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of Rs2.16 Billion minus total liabilities of Rs1.29 Billion yields net assets of Rs865.06 Million. A higher index indicates a stronger, lower-leverage balance sheet. See RACE 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
Race Eco Chain Limited Net Asset Quality Index Over Time (2009–2026)
This chart shows how Race Eco Chain Limited's Net Asset Quality Index has evolved across 18 annual periods from 2009 to 2026. As of March 2026, the index stands at 40.1%, representing net assets of Rs865.06 Million against total assets of Rs2.16 Billion INR. Explore Race Eco Chain Limited cash conversion from operations to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Race Eco Chain Limited (2009–2026)
The table below presents the year-by-year Net Asset Quality Index for Race Eco Chain Limited from 2009 to 2026, covering 18 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 Race Eco Chain Limited market cap and net worth.
| Year | Quality Index | Net Assets (INR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 40.1% | Rs865.06 Million | Rs2.16 Billion | Rs1.29 Billion | ▼ -2.6 pp |
| 2025 | 42.7% | Rs779.31 Million | Rs1.82 Billion | Rs1.04 Billion | ▲ +15.9 pp |
| 2024 | 26.8% | Rs222.37 Million | Rs829.61 Million | Rs607.24 Million | ▼ -15.0 pp |
| 2023 | 41.8% | Rs205.70 Million | Rs491.80 Million | Rs286.10 Million | ▼ -15.4 pp |
| 2022 | 57.2% | Rs192.67 Million | Rs336.65 Million | Rs143.98 Million | ▲ +0.9 pp |
| 2021 | 56.3% | Rs181.15 Million | Rs321.80 Million | Rs140.65 Million | ▼ -7.4 pp |
| 2020 | 63.7% | Rs171.18 Million | Rs268.82 Million | Rs97.64 Million | ▲ +15.2 pp |
| 2019 | 48.5% | Rs170.82 Million | Rs352.43 Million | Rs181.61 Million | ▲ +4.5 pp |
| 2018 | 44.0% | Rs170.31 Million | Rs386.94 Million | Rs216.63 Million | ▼ -26.3 pp |
| 2017 | 70.4% | Rs169.50 Million | Rs240.91 Million | Rs71.41 Million | ▲ +16.1 pp |
| 2016 | 54.3% | Rs168.26 Million | Rs309.89 Million | Rs141.63 Million | ▼ -14.7 pp |
| 2015 | 69.0% | Rs168.12 Million | Rs243.80 Million | Rs75.68 Million | ▲ +5.6 pp |
| 2014 | 63.4% | Rs166.92 Million | Rs263.34 Million | Rs96.42 Million | ▲ +28.5 pp |
| 2013 | 34.9% | Rs67.66 Million | Rs193.93 Million | Rs126.27 Million | ▲ +10.7 pp |
| 2012 | 24.2% | Rs48.53 Million | Rs200.73 Million | Rs152.19 Million | ▲ +7.4 pp |
| 2011 | 16.8% | Rs13.40 Million | Rs79.82 Million | Rs66.42 Million | ▲ +9.4 pp |
| 2010 | 7.3% | Rs12.19 Million | Rs165.94 Million | Rs153.74 Million | ▲ +1.3 pp |
| 2009 | 6.1% | Rs11.11 Million | Rs183.22 Million | Rs172.10 Million | — |