Ice Make Refrigeration Limited (ICEMAKE) - Total Liabilities

Latest as of September 2025: Rs3.06 Billion INR ≈ $33.05 Million USD

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. Explore ICEMAKE cash flow metrics to assess how effectively this company generates cash.

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. Check ICEMAKE cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

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
Alicanto Minerals Ltd AU:AQI	Australia	AU$425.52K
Karex Berhad KLSE:5247	Malaysia	RM316.65 Million
Phoenix Tours International Inc TW:5706	Taiwan	NT$1.31 Billion
Seven West Media Ltd AU:SWM	Australia	AU$1.15 Billion
Airsculpt Technologies Inc NASDAQ:AIRS	USA	$103.81 Million
GoldMoney Inc TO:XAU	Canada	CA$162.71 Million
Cheffelo AB ST:CHEF	Sweden	Skr325.82 Million
Maple Gold Mines Ltd V:MGM	Canada	CA$1.07 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. For the full company profile including market capitalisation, see ICEMAKE market cap overview.

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	--

About Ice Make Refrigeration Limited

NSE:ICEMAKE India Specialty Industrial Machinery

Market Cap

$136.12 Million

Rs12.59 Billion INR

Market Cap Rank

#18001 Global

#942 in India

Share Price

Rs797.65

Change (1 day)

-0.57%

52-Week Range

Rs665.40 - Rs901.40

All Time High

Rs1045.95