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 -167.0% as of September 2025. Working capital of Rs-7.44 Billion (current assets of Rs13.86 Billion minus current liabilities of Rs21.30 Billion) is measured against net assets of Rs4.46 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Indo Rama Synthetics (India) Limited balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Indo Rama Synthetics (India) Limited Working Capital to Net Assets (2005–2025)
This chart shows how Indo Rama Synthetics (India) Limited's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of September 2025, the ratio stands at -167.0%, reflecting working capital of Rs-7.44 Billion against net assets of Rs4.46 Billion INR. Check Indo Rama Synthetics (India) Limited tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Indo Rama Synthetics (India) Limited (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Indo Rama Synthetics (India) Limited from 2005 to 2025, covering 21 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 stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (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 | — |