Indo Borax & Chemicals Limited (INDOBORAX) — Working Capital to Net Assets Ratio
Indo Borax & Chemicals Limited (INDOBORAX) has a Working Capital to Net Assets ratio of 79.9% as of March 2026. Working capital of Rs3.09 Billion (current assets of Rs3.24 Billion minus current liabilities of Rs155.63 Million) is measured against net assets of Rs3.87 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See INDOBORAX financial flexibility score to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Indo Borax & Chemicals Limited Working Capital to Net Assets (2006–2026)
This chart shows how Indo Borax & Chemicals Limited's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2006 to 2026. As of March 2026, the ratio stands at 79.9%, reflecting working capital of Rs3.09 Billion against net assets of Rs3.87 Billion INR. See INDOBORAX days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Indo Borax & Chemicals Limited (2006–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Indo Borax & Chemicals Limited from 2006 to 2026, covering 20 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 INDOBORAX market cap.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 79.9% | Rs3.09 Billion | Rs3.87 Billion | Rs3.24 Billion | Rs155.63 Million | ▲ +38.8 pp |
| 2025 | 41.1% | Rs1.38 Billion | Rs3.35 Billion | Rs1.56 Billion | Rs177.82 Million | ▼ -22.3 pp |
| 2024 | 63.4% | Rs1.86 Billion | Rs2.93 Billion | Rs2.01 Billion | Rs152.47 Million | ▲ +4.3 pp |
| 2023 | 59.1% | Rs1.51 Billion | Rs2.55 Billion | Rs1.68 Billion | Rs176.03 Million | ▲ +6.7 pp |
| 2022 | 52.4% | Rs1.09 Billion | Rs2.07 Billion | Rs1.21 Billion | Rs128.06 Million | ▲ +14.9 pp |
| 2021 | 37.6% | Rs649.06 Million | Rs1.73 Billion | Rs805.54 Million | Rs156.49 Million | ▼ -14.2 pp |
| 2020 | 51.8% | Rs716.44 Million | Rs1.38 Billion | Rs801.16 Million | Rs84.72 Million | ▼ -0.5 pp |
| 2019 | 52.3% | Rs634.80 Million | Rs1.21 Billion | Rs722.56 Million | Rs87.76 Million | ▲ +9.5 pp |
| 2018 | 42.8% | Rs447.09 Million | Rs1.05 Billion | Rs547.16 Million | Rs100.07 Million | ▲ +9.9 pp |
| 2017 | 32.9% | Rs310.61 Million | Rs944.69 Million | Rs388.03 Million | Rs77.42 Million | ▲ +1.5 pp |
| 2016 | 31.3% | Rs272.93 Million | Rs870.83 Million | Rs344.89 Million | Rs71.96 Million | ▼ -32.4 pp |
| 2015 | 63.7% | Rs499.64 Million | Rs784.34 Million | Rs579.71 Million | Rs80.07 Million | ▲ +4.4 pp |
| 2014 | 59.3% | Rs399.79 Million | Rs674.60 Million | Rs475.58 Million | Rs75.78 Million | ▲ +12.6 pp |
| 2013 | 46.7% | Rs279.15 Million | Rs598.18 Million | Rs417.91 Million | Rs138.76 Million | ▼ -1.0 pp |
| 2012 | 47.7% | Rs233.72 Million | Rs490.14 Million | Rs312.93 Million | Rs79.21 Million | ▼ -28.8 pp |
| 2010 | 76.5% | Rs271.52 Million | Rs355.02 Million | Rs330.90 Million | Rs59.38 Million | ▲ +13.2 pp |
| 2009 | 63.3% | Rs198.59 Million | Rs313.66 Million | Rs284.92 Million | Rs86.33 Million | ▲ +30.3 pp |
| 2008 | 33.0% | Rs79.59 Million | Rs241.07 Million | Rs139.14 Million | Rs59.55 Million | ▼ -24.4 pp |
| 2007 | 57.4% | Rs96.40 Million | Rs167.94 Million | Rs145.90 Million | Rs49.50 Million | ▼ -1.3 pp |
| 2006 | 58.7% | Rs74.19 Million | Rs126.31 Million | Rs122.49 Million | Rs48.30 Million | — |