ICDS Limited (ICDSLTD) — Working Capital to Net Assets Ratio
ICDS Limited (ICDSLTD) has a Working Capital to Net Assets ratio of 51.2% as of September 2025. Working capital of Rs153.64 Million (current assets of Rs178.74 Million minus current liabilities of Rs25.09 Million) is measured against net assets of Rs300.03 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is ICDS Limited's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
ICDS Limited Working Capital to Net Assets (2009–2025)
This chart shows how ICDS Limited's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2009 to 2025. As of September 2025, the ratio stands at 51.2%, reflecting working capital of Rs153.64 Million against net assets of Rs300.03 Million INR. Check ICDS Limited tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for ICDS Limited (2009–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for ICDS Limited from 2009 to 2025, covering 17 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see ICDS Limited (ICDSLTD) market capitalisation.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 36.6% | Rs106.00 Million | Rs289.43 Million | Rs132.76 Million | Rs26.77 Million | ▼ -16.0 pp |
| 2024 | 52.6% | Rs144.89 Million | Rs275.39 Million | Rs150.98 Million | Rs6.09 Million | ▲ +19.4 pp |
| 2023 | 33.2% | Rs84.82 Million | Rs255.13 Million | Rs90.59 Million | Rs5.76 Million | ▼ -11.5 pp |
| 2022 | 44.8% | Rs112.94 Million | Rs252.14 Million | Rs121.27 Million | Rs8.33 Million | ▲ +13.9 pp |
| 2021 | 30.9% | Rs59.91 Million | Rs193.63 Million | Rs63.95 Million | Rs4.05 Million | ▲ +14.1 pp |
| 2020 | 16.8% | Rs41.78 Million | Rs248.34 Million | Rs49.14 Million | Rs7.36 Million | ▼ -2.1 pp |
| 2019 | 18.9% | Rs48.65 Million | Rs256.91 Million | Rs58.73 Million | Rs10.08 Million | ▼ -7.3 pp |
| 2018 | 26.3% | Rs72.65 Million | Rs276.44 Million | Rs113.16 Million | Rs40.51 Million | ▲ +1.4 pp |
| 2017 | 24.9% | Rs61.22 Million | Rs245.83 Million | Rs116.84 Million | Rs55.62 Million | ▲ +32.0 pp |
| 2016 | -7.1% | Rs-12.70 Million | Rs177.87 Million | Rs56.13 Million | Rs68.83 Million | ▼ -19.2 pp |
| 2015 | 12.1% | Rs19.97 Million | Rs165.09 Million | Rs99.56 Million | Rs79.59 Million | ▲ +17.1 pp |
| 2014 | -5.0% | Rs-7.77 Million | Rs156.13 Million | Rs103.77 Million | Rs111.55 Million | ▼ -8.5 pp |
| 2013 | 3.6% | Rs4.97 Million | Rs139.41 Million | Rs115.56 Million | Rs110.58 Million | ▲ +12.3 pp |
| 2012 | -8.8% | Rs-9.61 Million | Rs109.76 Million | Rs114.54 Million | Rs124.16 Million | ▼ -36.7 pp |
| 2011 | 27.9% | Rs29.71 Million | Rs106.44 Million | Rs162.13 Million | Rs132.42 Million | ▼ -1186.8 pp |
| 2010 | 1214.7% | Rs-93.58 Million | Rs-7.70 Million | Rs115.59 Million | Rs209.17 Million | ▲ +1060.6 pp |
| 2009 | 154.1% | Rs-258.63 Million | Rs-167.87 Million | Rs196.09 Million | Rs454.72 Million | — |