Ice Make Refrigeration Limited Working Capital to Net Assets Ratio
Ice Make Refrigeration Limited working capital to net assets ratio. Ice Make Refrigeration Limited (ICEMAKE) has a Working Capital to Net Assets ratio of 36.7% as of March 2026. Working capital of Rs489.39 Million (current assets of Rs3.33 Billion minus current liabilities of Rs2.84 Billion) is measured against net assets of Rs1.33 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check ICEMAKE tangible net assets ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Ice Make Refrigeration Limited (2013–2026)
Working capital to net assets ratio of Ice Make Refrigeration Limited from 2013 to 2026. This chart shows how Ice Make Refrigeration Limited's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2013 to 2026. As of March 2026, the ratio stands at 36.7%, reflecting working capital of Rs489.39 Million against net assets of Rs1.33 Billion INR. See defensive interval ratio of Ice Make Refrigeration Limited to measure how many days the company can operate on defensive assets alone.
Ice Make Refrigeration Limited Working Capital to Net Assets Ratio by Year (2013–2026)
Ice Make Refrigeration Limited working capital to net assets ratio by year from 2013 to 2026. The table below presents the year-by-year Working Capital to Net Assets ratio for Ice Make Refrigeration Limited from 2013 to 2026, covering 14 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 the complete balance sheet picture, see balance sheet size of Ice Make Refrigeration Limited.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 36.7% | Rs489.39 Million | Rs1.33 Billion | Rs3.33 Billion | Rs2.84 Billion | ▲ +10.8 pp |
| 2025 | 25.9% | Rs320.34 Million | Rs1.24 Billion | Rs2.22 Billion | Rs1.90 Billion | ▼ -30.6 pp |
| 2024 | 56.5% | Rs588.32 Million | Rs1.04 Billion | Rs1.40 Billion | Rs812.96 Million | ▼ -6.4 pp |
| 2023 | 63.0% | Rs510.75 Million | Rs811.26 Million | Rs1.24 Billion | Rs728.15 Million | ▲ +10.2 pp |
| 2022 | 52.7% | Rs325.30 Million | Rs616.81 Million | Rs903.17 Million | Rs577.88 Million | ▲ +4.8 pp |
| 2021 | 48.0% | Rs270.07 Million | Rs563.16 Million | Rs732.09 Million | Rs462.01 Million | ▲ +2.6 pp |
| 2020 | 45.3% | Rs241.37 Million | Rs532.70 Million | Rs695.24 Million | Rs453.87 Million | ▼ -9.2 pp |
| 2019 | 54.6% | Rs273.18 Million | Rs500.71 Million | Rs587.45 Million | Rs314.27 Million | ▼ -17.1 pp |
| 2018 | 71.7% | Rs319.77 Million | Rs445.96 Million | Rs665.18 Million | Rs345.41 Million | ▲ +8.7 pp |
| 2017 | 63.0% | Rs98.11 Million | Rs155.74 Million | Rs438.00 Million | Rs339.89 Million | ▼ -9.2 pp |
| 2016 | 72.2% | Rs74.92 Million | Rs103.80 Million | Rs297.42 Million | Rs222.50 Million | ▲ +7.9 pp |
| 2015 | 64.3% | Rs49.73 Million | Rs77.36 Million | Rs243.45 Million | Rs193.72 Million | ▲ +4.5 pp |
| 2014 | 59.8% | Rs40.69 Million | Rs68.02 Million | Rs203.72 Million | Rs163.03 Million | ▲ +20.7 pp |
| 2013 | 39.1% | Rs18.08 Million | Rs46.22 Million | Rs149.10 Million | Rs131.03 Million | — |