InterGlobe Aviation Limited (INDIGO) — Working Capital to Net Assets Ratio
InterGlobe Aviation Limited (INDIGO) has a Working Capital to Net Assets ratio of 202.0% as of September 2025. Working capital of Rs174.38 Billion (current assets of Rs572.21 Billion minus current liabilities of Rs397.83 Billion) is measured against net assets of Rs86.34 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of InterGlobe Aviation Limited to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
InterGlobe Aviation Limited Working Capital to Net Assets (2011–2025)
This chart shows how InterGlobe Aviation Limited's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2011 to 2025. As of September 2025, the ratio stands at 202.0%, reflecting working capital of Rs174.38 Billion against net assets of Rs86.34 Billion INR. Check INDIGO goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for InterGlobe Aviation Limited (2011–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for InterGlobe Aviation Limited from 2011 to 2025, covering 15 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 INDIGO market cap overview.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 176.0% | Rs164.85 Billion | Rs93.68 Billion | Rs507.03 Billion | Rs342.18 Billion | ▼ -77.2 pp |
| 2024 | 253.2% | Rs50.55 Billion | Rs19.96 Billion | Rs358.53 Billion | Rs307.98 Billion | ▲ +290.0 pp |
| 2023 | -36.8% | Rs22.98 Billion | Rs-62.47 Billion | Rs261.49 Billion | Rs238.51 Billion | ▼ -73.3 pp |
| 2022 | 36.5% | Rs-21.88 Billion | Rs-59.88 Billion | Rs202.29 Billion | Rs224.17 Billion | ▼ -1668.5 pp |
| 2021 | 1705.1% | Rs18.90 Billion | Rs1.11 Billion | Rs208.14 Billion | Rs189.24 Billion | ▲ +1602.7 pp |
| 2020 | 102.4% | Rs60.19 Billion | Rs58.78 Billion | Rs224.56 Billion | Rs164.37 Billion | ▼ -43.1 pp |
| 2019 | 145.5% | Rs101.05 Billion | Rs69.45 Billion | Rs181.03 Billion | Rs79.98 Billion | ▲ +25.3 pp |
| 2018 | 120.2% | Rs85.09 Billion | Rs70.77 Billion | Rs146.32 Billion | Rs61.23 Billion | ▼ -3.1 pp |
| 2017 | 123.4% | Rs46.62 Billion | Rs37.79 Billion | Rs94.46 Billion | Rs47.85 Billion | ▲ +35.3 pp |
| 2016 | 88.0% | Rs16.15 Billion | Rs18.34 Billion | Rs56.01 Billion | Rs39.86 Billion | ▲ +36.0 pp |
| 2015 | 52.1% | Rs2.19 Billion | Rs4.21 Billion | Rs31.68 Billion | Rs29.49 Billion | ▲ +36.7 pp |
| 2014 | 15.3% | Rs646.46 Million | Rs4.22 Billion | Rs29.15 Billion | Rs28.50 Billion | ▼ -291.2 pp |
| 2013 | 306.6% | Rs11.93 Billion | Rs3.89 Billion | Rs30.71 Billion | Rs18.78 Billion | ▲ +218.9 pp |
| 2012 | 87.7% | Rs9.81 Billion | Rs11.18 Billion | Rs23.09 Billion | Rs13.28 Billion | ▼ -3.7 pp |
| 2011 | 91.4% | Rs5.22 Billion | Rs5.71 Billion | Rs19.49 Billion | Rs14.27 Billion | — |