Ice Make Refrigeration Limited (ICEMAKE) - Total Liabilities
Based on the latest financial reports, Ice Make Refrigeration Limited (ICEMAKE) has total liabilities worth Rs3.06 Billion INR (≈ $33.05 Million USD) as of September 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Check how resilient are Ice Make Refrigeration Limited's assets to evaluate the company's liquid asset resilience ratio.
Ice Make Refrigeration Limited - Total Liabilities Trend (2013–2025)
This chart illustrates how Ice Make Refrigeration Limited's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see Ice Make Refrigeration Limited total assets.
Ice Make Refrigeration Limited Competitors by Total Liabilities
The table below lists competitors of Ice Make Refrigeration Limited ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Aardvark Therapeutics, Inc. Common Stock
NASDAQ:AARD
|
USA | $10.85 Million |
|
Orient Technologies Limited
NSE:ORIENTTECH
|
India | Rs2.33 Billion |
|
Lan Fa Textile Co Ltd
TW:1459
|
Taiwan | NT$1.24 Billion |
|
Eusu Holdings
KO:000700
|
Korea | ₩84.65 Billion |
|
Endava plc
F:2Y5
|
Germany | €362.92 Million |
|
Gold Resource Corporation
NYSE MKT:GORO
|
USA | $138.38 Million |
|
Nanexa AB
ST:NANEXA
|
Sweden | Skr21.81 Million |
|
Kulmbacher Brauerei Aktien-Gesellschaft
MU:KUL
|
Germany | €168.79 Million |
Liability Composition Analysis (2013–2025)
This chart breaks down Ice Make Refrigeration Limited's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. See ICEMAKE net asset quality score to measure how much of total assets are equity-financed.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.18 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 2.52 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.72 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Ice Make Refrigeration Limited's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Ice Make Refrigeration Limited (2013–2025)
The table below shows the annual total liabilities of Ice Make Refrigeration Limited from 2013 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-03-31 | Rs2.44 Billion ≈ $26.39 Million |
+127.41% |
| 2024-03-31 | Rs1.07 Billion ≈ $11.60 Million |
+37.75% |
| 2023-03-31 | Rs778.98 Million ≈ $8.42 Million |
+22.94% |
| 2022-03-31 | Rs633.64 Million ≈ $6.85 Million |
+23.08% |
| 2021-03-31 | Rs514.84 Million ≈ $5.57 Million |
-0.17% |
| 2020-03-31 | Rs515.73 Million ≈ $5.58 Million |
+57.71% |
| 2019-03-31 | Rs327.01 Million ≈ $3.54 Million |
-11.30% |
| 2018-03-31 | Rs368.65 Million ≈ $3.99 Million |
-6.96% |
| 2017-03-31 | Rs396.22 Million ≈ $4.28 Million |
+40.03% |
| 2016-03-31 | Rs282.94 Million ≈ $3.06 Million |
+10.24% |
| 2015-03-31 | Rs256.66 Million ≈ $2.78 Million |
+19.08% |
| 2014-03-31 | Rs215.53 Million ≈ $2.33 Million |
+32.06% |
| 2013-03-31 | Rs163.21 Million ≈ $1.77 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