Ice Make Refrigeration Limited (ICEMAKE) - Total Assets
Based on the latest financial reports, Ice Make Refrigeration Limited (ICEMAKE) holds total assets worth Rs4.26 Billion INR (≈ $46.11 Million USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See Ice Make Refrigeration Limited (ICEMAKE) shareholders funds for net asset value and shareholders' equity analysis.
Ice Make Refrigeration Limited - Total Assets Trend (2013–2025)
This chart illustrates how Ice Make Refrigeration Limited's total assets have evolved over time, based on quarterly financial data.
Ice Make Refrigeration Limited - Asset Composition Analysis
Current Asset Composition (March 2025)
Ice Make Refrigeration Limited's total assets of Rs4.26 Billion consist of 60.3% current assets and 39.7% non-current assets.
| Asset Category | Amount (INR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Rs0.00 | 0.1% |
| Accounts Receivable | Rs939.59 Million | 25.6% |
| Inventory | Rs1.08 Billion | 29.4% |
| Property, Plant & Equipment | Rs1.37 Billion | 37.3% |
| Intangible Assets | Rs2.52 Million | 0.1% |
| Goodwill | Rs15.16 Million | 0.4% |
Asset Composition Trend (2013–2025)
This chart illustrates how Ice Make Refrigeration Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see market cap of Ice Make Refrigeration Limited.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Ice Make Refrigeration Limited's current assets represent 60.3% of total assets in 2025, a decrease from 71.2% in 2013.
- Cash Position: Cash and equivalents constituted 0.1% of total assets in 2025, down from 10.9% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2013.
- Asset Diversification: The largest asset category is property, plant & equipment at 37.3% of total assets.
Ice Make Refrigeration Limited Competitors by Total Assets
Key competitors of Ice Make Refrigeration Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Siemens Aktiengesellschaft
XETRA:SIE
|
Germany | €170.13 Billion |
|
Sandvik AB
ST:SAND
|
Sweden | Skr169.86 Billion |
|
Vestas Wind Systems A/S
CO:VWS
|
Denmark | Dkr25.73 Billion |
|
Ming Yang Smart Energy Group Ltd
SHG:601615
|
China | CN¥91.33 Billion |
|
Shenzhen Yinghe Technology Co Ltd
SHE:300457
|
China | CN¥16.87 Billion |
|
Guangdong High Dream Intellectualized Machinery Co Ltd Class A
SHE:300720
|
China | CN¥642.41 Million |
|
American Superconductor Corporation
NASDAQ:AMSC
|
USA | $719.53 Million |
|
Guangdong Yizumi Precision Machinery Co Ltd
SHE:300415
|
China | CN¥8.14 Billion |
Ice Make Refrigeration Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.18 | 1.36 | 1.57 |
| Quick Ratio | 0.66 | 0.85 | 0.77 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Rs418.55 Million | Rs448.49 Million | Rs255.47 Million |
Ice Make Refrigeration Limited - Advanced Valuation Insights
This section examines the relationship between Ice Make Refrigeration Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 9.24 |
| Latest Market Cap to Assets Ratio | 0.04 |
| Asset Growth Rate (YoY) | 74.0% |
| Total Assets | Rs3.68 Billion |
| Market Capitalization | $136.12 Million USD |
Valuation Analysis
Below Book Valuation: The market values Ice Make Refrigeration Limited's assets below their book value (0.04x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Ice Make Refrigeration Limited's assets grew by 74.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Ice Make Refrigeration Limited (2013–2025)
The table below shows the annual total assets of Ice Make Refrigeration Limited from 2013 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | Rs3.68 Billion ≈ $39.77 Million |
+73.96% |
| 2024-03-31 | Rs2.11 Billion ≈ $22.86 Million |
+32.92% |
| 2023-03-31 | Rs1.59 Billion ≈ $17.20 Million |
+27.17% |
| 2022-03-31 | Rs1.25 Billion ≈ $13.52 Million |
+16.00% |
| 2021-03-31 | Rs1.08 Billion ≈ $11.66 Million |
+2.82% |
| 2020-03-31 | Rs1.05 Billion ≈ $11.34 Million |
+26.66% |
| 2019-03-31 | Rs827.72 Million ≈ $8.95 Million |
+1.61% |
| 2018-03-31 | Rs814.61 Million ≈ $8.81 Million |
+47.59% |
| 2017-03-31 | Rs551.95 Million ≈ $5.97 Million |
+42.72% |
| 2016-03-31 | Rs386.74 Million ≈ $4.18 Million |
+15.78% |
| 2015-03-31 | Rs334.02 Million ≈ $3.61 Million |
+17.80% |
| 2014-03-31 | Rs283.56 Million ≈ $3.07 Million |
+35.40% |
| 2013-03-31 | Rs209.43 Million ≈ $2.26 Million |
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About Ice Make Refrigeration Limited
Ice Make Refrigeration Limited, together with its subsidiaries, manufactures and supplies refrigeration products and equipment under the Ice Make, Bharat, and TransFreez brands in India. The company offers cold storage products, including modular, combi, walk-in, custom-built, and solar cold rooms, as well as blast freezers and chillers, glass door display chillers, ripening chambers, cold room P… Read more