Race Eco Chain Limited (RACE) — Working Capital to Net Assets Ratio
Race Eco Chain Limited (RACE) has a Working Capital to Net Assets ratio of 45.7% as of September 2025. Working capital of Rs385.59 Million (current assets of Rs1.51 Billion minus current liabilities of Rs1.13 Billion) is measured against net assets of Rs844.15 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See RACE net asset quality score to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Race Eco Chain Limited Working Capital to Net Assets (2009–2025)
This chart shows how Race Eco Chain Limited's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2009 to 2025. As of September 2025, the ratio stands at 45.7%, reflecting working capital of Rs385.59 Million against net assets of Rs844.15 Million INR. Check tangible equity quality of Race Eco Chain Limited to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Race Eco Chain Limited (2009–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Race Eco Chain Limited from 2009 to 2025, covering 17 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 Race Eco Chain Limited market capitalisation.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 47.3% | Rs368.46 Million | Rs779.31 Million | Rs1.41 Billion | Rs1.04 Billion | ▼ -20.1 pp |
| 2024 | 67.4% | Rs149.83 Million | Rs222.37 Million | Rs703.45 Million | Rs553.62 Million | ▼ -18.4 pp |
| 2023 | 85.8% | Rs176.45 Million | Rs205.70 Million | Rs459.05 Million | Rs282.59 Million | ▲ +2.3 pp |
| 2022 | 83.5% | Rs160.85 Million | Rs192.67 Million | Rs301.94 Million | Rs141.09 Million | ▼ -11.1 pp |
| 2021 | 94.6% | Rs171.34 Million | Rs181.15 Million | Rs308.69 Million | Rs137.35 Million | ▲ +22.7 pp |
| 2020 | 71.9% | Rs123.11 Million | Rs171.18 Million | Rs217.51 Million | Rs94.40 Million | ▲ +16.2 pp |
| 2019 | 55.7% | Rs95.20 Million | Rs170.82 Million | Rs274.28 Million | Rs179.08 Million | ▼ 0.0 pp |
| 2018 | 55.8% | Rs94.99 Million | Rs170.31 Million | Rs310.50 Million | Rs215.51 Million | ▼ -30.1 pp |
| 2017 | 85.9% | Rs145.62 Million | Rs169.50 Million | Rs216.14 Million | Rs70.52 Million | ▼ -1.6 pp |
| 2016 | 87.5% | Rs147.28 Million | Rs168.26 Million | Rs288.03 Million | Rs140.75 Million | ▲ +3.6 pp |
| 2015 | 83.9% | Rs141.12 Million | Rs168.12 Million | Rs215.69 Million | Rs74.58 Million | ▲ +38.5 pp |
| 2014 | 45.4% | Rs75.83 Million | Rs166.92 Million | Rs171.29 Million | Rs95.46 Million | ▼ -23.1 pp |
| 2013 | 68.5% | Rs46.36 Million | Rs67.66 Million | Rs171.83 Million | Rs125.47 Million | ▲ +29.3 pp |
| 2012 | 39.3% | Rs19.05 Million | Rs48.53 Million | Rs170.53 Million | Rs151.47 Million | ▲ +224.0 pp |
| 2011 | -184.7% | Rs-24.75 Million | Rs13.40 Million | Rs41.03 Million | Rs65.78 Million | ▼ -46.9 pp |
| 2010 | -137.8% | Rs-16.80 Million | Rs12.19 Million | Rs136.45 Million | Rs153.25 Million | ▼ -32.2 pp |
| 2009 | -105.7% | Rs-11.74 Million | Rs11.11 Million | Rs160.08 Million | Rs171.82 Million | — |