Indo Rama Synthetics (India) Limited (INDORAMA) — Working Capital to Net Assets Ratio
Indo Rama Synthetics (India) Limited (INDORAMA) has a Working Capital to Net Assets ratio of -106.1% as of March 2026. Working capital of Rs-5.51 Billion (current assets of Rs16.72 Billion minus current liabilities of Rs22.23 Billion) is measured against net assets of Rs5.19 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of Indo Rama Synthetics (India) Limited to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Indo Rama Synthetics (India) Limited Working Capital to Net Assets (2005–2026)
This chart shows how Indo Rama Synthetics (India) 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 -106.1%, reflecting working capital of Rs-5.51 Billion against net assets of Rs5.19 Billion INR. See Indo Rama Synthetics (India) Limited (INDORAMA) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Indo Rama Synthetics (India) Limited (2005–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Indo Rama Synthetics (India) 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. For live market cap and the full company profile, see INDORAMA market cap.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | -106.1% | Rs-5.51 Billion | Rs5.19 Billion | Rs16.72 Billion | Rs22.23 Billion | ▲ +115.7 pp |
| 2025 | -221.7% | Rs-8.16 Billion | Rs3.68 Billion | Rs13.37 Billion | Rs21.53 Billion | ▲ +3.3 pp |
| 2024 | -225.0% | Rs-8.28 Billion | Rs3.68 Billion | Rs12.79 Billion | Rs21.07 Billion | ▼ -186.6 pp |
| 2023 | -38.5% | Rs-2.20 Billion | Rs5.73 Billion | Rs12.96 Billion | Rs15.16 Billion | ▼ 0.0 pp |
| 2022 | -38.5% | Rs-2.30 Billion | Rs5.99 Billion | Rs10.39 Billion | Rs12.69 Billion | ▲ +62.1 pp |
| 2021 | -100.5% | Rs-3.35 Billion | Rs3.33 Billion | Rs7.66 Billion | Rs11.01 Billion | ▲ +25.3 pp |
| 2020 | -125.8% | Rs-2.79 Billion | Rs2.22 Billion | Rs6.31 Billion | Rs9.10 Billion | ▲ +103.1 pp |
| 2019 | -229.0% | Rs-5.52 Billion | Rs2.41 Billion | Rs5.52 Billion | Rs11.05 Billion | ▼ -110.2 pp |
| 2018 | -118.8% | Rs-4.99 Billion | Rs4.20 Billion | Rs5.21 Billion | Rs10.20 Billion | ▼ -40.5 pp |
| 2017 | -78.3% | Rs-3.93 Billion | Rs5.02 Billion | Rs6.11 Billion | Rs10.04 Billion | ▼ -20.8 pp |
| 2016 | -57.6% | Rs-3.38 Billion | Rs5.86 Billion | Rs7.67 Billion | Rs11.05 Billion | ▼ -12.1 pp |
| 2015 | -45.5% | Rs-2.49 Billion | Rs5.48 Billion | Rs6.54 Billion | Rs9.04 Billion | ▼ -1.5 pp |
| 2014 | -43.9% | Rs-2.58 Billion | Rs5.87 Billion | Rs7.08 Billion | Rs9.66 Billion | ▲ +11.7 pp |
| 2013 | -55.6% | Rs-3.49 Billion | Rs6.28 Billion | Rs7.00 Billion | Rs10.49 Billion | ▼ -6.0 pp |
| 2012 | -49.6% | Rs-3.07 Billion | Rs6.20 Billion | Rs7.53 Billion | Rs10.60 Billion | ▼ -62.3 pp |
| 2011 | 12.7% | Rs787.50 Million | Rs6.20 Billion | Rs10.40 Billion | Rs9.62 Billion | ▲ +6.5 pp |
| 2010 | 6.2% | Rs316.31 Million | Rs5.09 Billion | Rs6.36 Billion | Rs6.04 Billion | ▲ +9.4 pp |
| 2009 | -3.2% | Rs-164.25 Million | Rs5.15 Billion | Rs5.49 Billion | Rs5.65 Billion | ▼ -24.6 pp |
| 2008 | 21.5% | Rs1.36 Billion | Rs6.34 Billion | Rs8.32 Billion | Rs6.96 Billion | ▲ +20.6 pp |
| 2007 | 0.8% | Rs54.33 Million | Rs6.59 Billion | Rs6.26 Billion | Rs6.21 Billion | ▲ +26.6 pp |
| 2006 | -25.8% | Rs-1.72 Billion | Rs6.67 Billion | Rs3.22 Billion | Rs4.94 Billion | ▼ -30.4 pp |
| 2005 | 4.5% | Rs307.03 Million | Rs6.75 Billion | Rs5.25 Billion | Rs4.95 Billion | — |