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 60.4% as of September 2025. Working capital of Rs2.18 Billion (current assets of Rs2.38 Billion minus current liabilities of Rs199.75 Million) is measured against net assets of Rs3.61 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Indo Borax & Chemicals Limited balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Indo Borax & Chemicals Limited Working Capital to Net Assets (2006–2025)
This chart shows how Indo Borax & Chemicals Limited's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2006 to 2025. As of September 2025, the ratio stands at 60.4%, reflecting working capital of Rs2.18 Billion against net assets of Rs3.61 Billion INR. Check INDOBORAX intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Indo Borax & Chemicals Limited (2006–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Indo Borax & Chemicals Limited from 2006 to 2025, covering 19 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 Indo Borax & Chemicals Limited stock valuation.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (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 | — |