Indian Oil Corporation Limited Working Capital to Net Assets Ratio
Indian Oil Corporation Limited working capital to net assets ratio. Indian Oil Corporation Limited (IOC) has a Working Capital to Net Assets ratio of -24.1% as of March 2026. Working capital of Rs-543.95 Billion (current assets of Rs1.57 Trillion minus current liabilities of Rs2.11 Trillion) is measured against net assets of Rs2.26 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Indian Oil Corporation Limited (2004–2026)
Working capital to net assets ratio of Indian Oil Corporation Limited from 2004 to 2026. This chart shows how Indian Oil Corporation Limited's Working Capital to Net Assets ratio has evolved across 23 annual periods from 2004 to 2026. As of March 2026, the ratio stands at -24.1%, reflecting working capital of Rs-543.95 Billion against net assets of Rs2.26 Trillion INR. Explore IOC long-term investments to assets to see how much of total assets are deployed in long-term investments.
Indian Oil Corporation Limited Working Capital to Net Assets Ratio by Year (2004–2026)
Indian Oil Corporation Limited working capital to net assets ratio by year from 2004 to 2026. The table below presents the year-by-year Working Capital to Net Assets ratio for Indian Oil Corporation Limited from 2004 to 2026, covering 23 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 the complete balance sheet picture, see IOC asset base.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | -24.1% | Rs-543.95 Billion | Rs2.26 Trillion | Rs1.57 Trillion | Rs2.11 Trillion | ▲ +14.1 pp |
| 2025 | -38.2% | Rs-729.71 Billion | Rs1.91 Trillion | Rs1.58 Trillion | Rs2.31 Trillion | ▼ -7.4 pp |
| 2024 | -30.8% | Rs-579.56 Billion | Rs1.88 Trillion | Rs1.58 Trillion | Rs2.16 Trillion | ▲ +2.6 pp |
| 2023 | -33.4% | Rs-477.93 Billion | Rs1.43 Trillion | Rs1.59 Trillion | Rs2.07 Trillion | ▲ +0.1 pp |
| 2022 | -33.5% | Rs-452.94 Billion | Rs1.35 Trillion | Rs1.47 Trillion | Rs1.92 Trillion | ▲ +7.2 pp |
| 2021 | -40.7% | Rs-459.66 Billion | Rs1.13 Trillion | Rs1.16 Trillion | Rs1.62 Trillion | ▲ +12.1 pp |
| 2020 | -52.9% | Rs-508.93 Billion | Rs962.74 Billion | Rs1.11 Trillion | Rs1.62 Trillion | ▼ -25.8 pp |
| 2019 | -27.1% | Rs-309.43 Billion | Rs1.14 Trillion | Rs1.30 Trillion | Rs1.61 Trillion | ▲ +2.4 pp |
| 2018 | -29.5% | Rs-341.90 Billion | Rs1.16 Trillion | Rs1.06 Trillion | Rs1.40 Trillion | ▼ -13.8 pp |
| 2017 | -15.7% | Rs-162.85 Billion | Rs1.04 Trillion | Rs966.11 Billion | Rs1.13 Trillion | ▼ -3.2 pp |
| 2016 | -12.4% | Rs-96.22 Billion | Rs774.08 Billion | Rs944.74 Billion | Rs1.04 Trillion | ▼ -7.9 pp |
| 2015 | -4.5% | Rs-31.42 Billion | Rs699.06 Billion | Rs1.01 Trillion | Rs1.04 Trillion | ▼ -4.5 pp |
| 2014 | 0.0% | Rs277.10 Million | Rs690.84 Billion | Rs1.41 Trillion | Rs1.41 Trillion | ▼ -6.2 pp |
| 2013 | 6.3% | Rs40.29 Billion | Rs642.98 Billion | Rs1.34 Trillion | Rs1.30 Trillion | ▲ +16.8 pp |
| 2012 | -10.5% | Rs-65.42 Billion | Rs623.17 Billion | Rs1.26 Trillion | Rs1.33 Trillion | ▼ -58.9 pp |
| 2011 | 48.4% | Rs288.18 Billion | Rs595.68 Billion | Rs889.57 Billion | Rs601.39 Billion | ▲ +12.5 pp |
| 2010 | 35.9% | Rs194.69 Billion | Rs542.95 Billion | Rs649.96 Billion | Rs455.27 Billion | ▲ +11.7 pp |
| 2009 | 24.2% | Rs113.76 Billion | Rs470.77 Billion | Rs472.41 Billion | Rs358.65 Billion | ▼ -26.0 pp |
| 2008 | 50.2% | Rs229.79 Billion | Rs458.20 Billion | Rs583.93 Billion | Rs354.14 Billion | ▲ +18.5 pp |
| 2007 | 31.6% | Rs120.88 Billion | Rs382.42 Billion | Rs424.57 Billion | Rs303.69 Billion | ▼ -9.6 pp |
| 2006 | 41.2% | Rs133.48 Billion | Rs323.84 Billion | Rs399.46 Billion | Rs265.98 Billion | ▼ -0.1 pp |
| 2005 | 41.3% | Rs120.38 Billion | Rs291.57 Billion | Rs356.74 Billion | Rs236.36 Billion | ▲ +11.1 pp |
| 2004 | 30.1% | Rs76.08 Billion | Rs252.46 Billion | Rs279.46 Billion | Rs203.37 Billion | — |