The India Cements Limited (INDIACEM) — Working Capital to Net Assets Ratio
The India Cements Limited (INDIACEM) has a Working Capital to Net Assets ratio of 0.6% as of March 2026. Working capital of Rs645.91 Million (current assets of Rs16.40 Billion minus current liabilities of Rs15.76 Billion) is measured against net assets of Rs101.24 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See The India Cements Limited defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
The India Cements Limited Working Capital to Net Assets (2005–2026)
This chart shows how The India Cements Limited's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2005 to 2026. As of March 2026, the ratio stands at 0.6%, reflecting working capital of Rs645.91 Million against net assets of Rs101.24 Billion INR. For the complete balance sheet picture, see how large is The India Cements Limited's balance sheet.
Annual Working Capital to Net Assets for The India Cements Limited (2005–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for The India Cements Limited from 2005 to 2026, covering 22 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. Check INDIACEM asset resilience ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 0.1% | Rs87.50 Million | Rs101.24 Billion | Rs15.84 Billion | Rs15.76 Billion | ▼ -3.2 pp |
| 2025 | 3.3% | Rs3.39 Billion | Rs101.94 Billion | Rs15.92 Billion | Rs12.52 Billion | ▲ +3.2 pp |
| 2024 | 0.1% | Rs46.87 Million | Rs56.14 Billion | Rs28.01 Billion | Rs27.97 Billion | ▼ -10.2 pp |
| 2023 | 10.3% | Rs6.00 Billion | Rs58.27 Billion | Rs34.27 Billion | Rs28.27 Billion | ▲ +13.4 pp |
| 2022 | -3.1% | Rs-1.89 Billion | Rs60.23 Billion | Rs25.42 Billion | Rs27.31 Billion | ▲ +9.7 pp |
| 2021 | -12.8% | Rs-7.41 Billion | Rs57.72 Billion | Rs18.38 Billion | Rs25.79 Billion | ▼ -3.9 pp |
| 2020 | -8.9% | Rs-4.95 Billion | Rs55.54 Billion | Rs23.82 Billion | Rs28.78 Billion | ▼ -5.6 pp |
| 2019 | -3.3% | Rs-1.77 Billion | Rs53.00 Billion | Rs23.31 Billion | Rs25.08 Billion | ▼ -4.0 pp |
| 2018 | 0.6% | Rs326.46 Million | Rs53.09 Billion | Rs19.68 Billion | Rs19.36 Billion | ▲ +9.8 pp |
| 2017 | -9.2% | Rs-4.81 Billion | Rs52.10 Billion | Rs19.41 Billion | Rs24.21 Billion | ▲ +12.1 pp |
| 2016 | -21.4% | Rs-7.39 Billion | Rs34.59 Billion | Rs18.12 Billion | Rs25.51 Billion | ▼ -3.6 pp |
| 2015 | -17.8% | Rs-6.05 Billion | Rs34.07 Billion | Rs17.54 Billion | Rs23.59 Billion | ▲ +8.0 pp |
| 2014 | -25.7% | Rs-9.51 Billion | Rs36.96 Billion | Rs16.68 Billion | Rs26.19 Billion | ▼ -2.4 pp |
| 2013 | -23.4% | Rs-9.38 Billion | Rs40.12 Billion | Rs15.76 Billion | Rs25.13 Billion | ▲ +3.9 pp |
| 2012 | -27.2% | Rs-10.78 Billion | Rs39.60 Billion | Rs13.11 Billion | Rs23.89 Billion | ▼ -2.2 pp |
| 2011 | -25.1% | Rs-10.01 Billion | Rs39.92 Billion | Rs12.11 Billion | Rs22.12 Billion | ▼ -34.0 pp |
| 2010 | 8.9% | Rs3.61 Billion | Rs40.47 Billion | Rs21.27 Billion | Rs17.66 Billion | ▼ -3.4 pp |
| 2009 | 12.3% | Rs4.37 Billion | Rs35.37 Billion | Rs18.54 Billion | Rs14.18 Billion | ▼ -9.7 pp |
| 2008 | 22.0% | Rs7.13 Billion | Rs32.33 Billion | Rs18.44 Billion | Rs11.31 Billion | ▼ -14.1 pp |
| 2007 | 36.2% | Rs7.66 Billion | Rs21.17 Billion | Rs14.13 Billion | Rs6.47 Billion | ▲ +2.3 pp |
| 2006 | 33.9% | Rs5.32 Billion | Rs15.69 Billion | Rs12.09 Billion | Rs6.77 Billion | ▲ +11.1 pp |
| 2005 | 22.8% | Rs2.51 Billion | Rs11.04 Billion | Rs10.67 Billion | Rs8.16 Billion | — |