Indian Railway Finance Corporation Limited (IRFC) — Working Capital to Net Assets Ratio
Indian Railway Finance Corporation Limited (IRFC) has a Working Capital to Net Assets ratio of 437.7% as of December 2025. Working capital of Rs2.48 Trillion (current assets of Rs2.48 Trillion minus current liabilities of Rs134.00 Million) is measured against net assets of Rs566.25 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See debt-free asset ratio of Indian Railway Finance Corporation Limit to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Indian Railway Finance Corporation Limited Working Capital to Net Assets (2013–2025)
This chart shows how Indian Railway Finance Corporation Limited's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of December 2025, the ratio stands at 437.7%, reflecting working capital of Rs2.48 Trillion against net assets of Rs566.25 Billion INR. Check Indian Railway Finance Corporation Limit (IRFC) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Indian Railway Finance Corporation Limited (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Indian Railway Finance Corporation Limited from 2013 to 2025, covering 13 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 Indian Railway Finance Corporation Limit market cap and net worth.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 562.7% | Rs2.96 Trillion | Rs526.68 Billion | Rs2.96 Trillion | Rs128.90 Million | ▲ +495.4 pp |
| 2024 | 67.3% | Rs331.19 Billion | Rs491.79 Billion | Rs331.35 Billion | Rs156.44 Million | ▼ -484.6 pp |
| 2023 | 552.0% | Rs2.51 Trillion | Rs454.70 Billion | Rs2.51 Trillion | Rs131.61 Million | ▲ +555.0 pp |
| 2022 | -3.0% | Rs-12.33 Billion | Rs409.96 Billion | Rs344.38 Billion | Rs356.71 Billion | ▲ +29.6 pp |
| 2021 | -32.6% | Rs-117.21 Billion | Rs359.13 Billion | Rs223.69 Billion | Rs340.90 Billion | ▲ +24.5 pp |
| 2020 | -57.1% | Rs-173.11 Billion | Rs303.00 Billion | Rs147.87 Billion | Rs320.98 Billion | ▼ -0.6 pp |
| 2019 | -56.5% | Rs-140.48 Billion | Rs248.66 Billion | Rs128.60 Billion | Rs269.09 Billion | ▼ -5.8 pp |
| 2018 | -50.7% | Rs-103.08 Billion | Rs203.24 Billion | Rs141.98 Billion | Rs245.06 Billion | ▼ -1250.3 pp |
| 2017 | 1199.6% | Rs-91.08 Billion | Rs-7.59 Billion | Rs75.17 Million | Rs91.16 Billion | ▲ +1214.1 pp |
| 2016 | -14.5% | Rs-16.74 Billion | Rs115.25 Billion | Rs12.11 Billion | Rs28.85 Billion | ▲ +14.0 pp |
| 2015 | -28.5% | Rs-24.78 Billion | Rs86.82 Billion | Rs50.67 Million | Rs24.83 Billion | ▼ -31.3 pp |
| 2014 | 2.8% | Rs2.11 Billion | Rs75.62 Billion | Rs20.22 Billion | Rs18.11 Billion | ▲ +20.2 pp |
| 2013 | -17.5% | Rs-11.16 Billion | Rs63.94 Billion | Rs4.05 Billion | Rs15.21 Billion | — |