Indo Count Industries Limited (ICIL) — Working Capital to Net Assets Ratio
Indo Count Industries Limited (ICIL) has a Working Capital to Net Assets ratio of 36.8% as of September 2025. Working capital of Rs8.50 Billion (current assets of Rs21.98 Billion minus current liabilities of Rs13.47 Billion) is measured against net assets of Rs23.08 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See ICIL net asset quality score to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Indo Count Industries Limited Working Capital to Net Assets (2005–2025)
This chart shows how Indo Count Industries Limited's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of September 2025, the ratio stands at 36.8%, reflecting working capital of Rs8.50 Billion against net assets of Rs23.08 Billion INR. Check tangible equity quality of Indo Count Industries Limited to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Indo Count Industries Limited (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Indo Count Industries Limited from 2005 to 2025, covering 21 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 market cap of Indo Count Industries Limited.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 40.1% | Rs9.14 Billion | Rs22.78 Billion | Rs22.28 Billion | Rs13.14 Billion | ▼ -5.8 pp |
| 2024 | 45.9% | Rs9.60 Billion | Rs20.89 Billion | Rs21.40 Billion | Rs11.80 Billion | ▲ +3.8 pp |
| 2023 | 42.2% | Rs7.56 Billion | Rs17.93 Billion | Rs17.02 Billion | Rs9.46 Billion | ▼ -6.5 pp |
| 2022 | 48.6% | Rs7.74 Billion | Rs15.93 Billion | Rs22.63 Billion | Rs14.89 Billion | ▼ -15.0 pp |
| 2021 | 63.6% | Rs8.20 Billion | Rs12.90 Billion | Rs17.15 Billion | Rs8.95 Billion | ▲ +11.6 pp |
| 2020 | 52.0% | Rs5.16 Billion | Rs9.93 Billion | Rs11.05 Billion | Rs5.89 Billion | ▼ -5.3 pp |
| 2019 | 57.2% | Rs5.62 Billion | Rs9.82 Billion | Rs10.24 Billion | Rs4.62 Billion | ▼ -1.4 pp |
| 2018 | 58.6% | Rs5.65 Billion | Rs9.64 Billion | Rs11.28 Billion | Rs5.63 Billion | ▲ +6.3 pp |
| 2017 | 52.3% | Rs4.47 Billion | Rs8.54 Billion | Rs9.75 Billion | Rs5.28 Billion | ▲ +8.7 pp |
| 2016 | 43.6% | Rs2.79 Billion | Rs6.39 Billion | Rs8.86 Billion | Rs6.07 Billion | ▲ +15.4 pp |
| 2015 | 28.3% | Rs1.21 Billion | Rs4.30 Billion | Rs8.27 Billion | Rs7.06 Billion | ▲ +18.3 pp |
| 2014 | 9.9% | Rs294.58 Million | Rs2.97 Billion | Rs6.45 Billion | Rs6.16 Billion | ▲ +35.6 pp |
| 2013 | -25.7% | Rs-505.50 Million | Rs1.97 Billion | Rs4.54 Billion | Rs5.04 Billion | ▼ -3.6 pp |
| 2012 | -22.0% | Rs-396.94 Million | Rs1.80 Billion | Rs2.84 Billion | Rs3.24 Billion | ▼ -17.8 pp |
| 2011 | -4.2% | Rs-82.73 Million | Rs1.95 Billion | Rs2.73 Billion | Rs2.81 Billion | ▼ -29.8 pp |
| 2010 | 25.5% | Rs342.16 Million | Rs1.34 Billion | Rs1.80 Billion | Rs1.46 Billion | ▲ +47.0 pp |
| 2009 | -21.5% | Rs-398.59 Million | Rs1.86 Billion | Rs1.55 Billion | Rs1.95 Billion | ▼ -41.6 pp |
| 2008 | 20.1% | Rs161.95 Million | Rs805.14 Million | Rs1.74 Billion | Rs1.58 Billion | ▼ -10.6 pp |
| 2007 | 30.7% | Rs331.14 Million | Rs1.08 Billion | Rs1.55 Billion | Rs1.21 Billion | ▼ -17.8 pp |
| 2006 | 48.5% | Rs458.83 Million | Rs946.62 Million | Rs1.37 Billion | Rs913.73 Million | ▼ -0.2 pp |
| 2005 | 48.7% | Rs366.39 Million | Rs752.34 Million | Rs676.05 Million | Rs309.65 Million | — |