Refex Industries Limited Working Capital to Net Assets Ratio
Refex Industries Limited working capital to net assets ratio. Refex Industries Limited (REFEX) has a Working Capital to Net Assets ratio of 85.8% as of March 2026. Working capital of Rs12.95 Billion (current assets of Rs25.40 Billion minus current liabilities of Rs12.45 Billion) is measured against net assets of Rs15.09 Billion. 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 Refex Industries Limited (2005–2026)
Working capital to net assets ratio of Refex Industries Limited from 2005 to 2026. This chart shows how Refex Industries Limited's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2026. As of March 2026, the ratio stands at 85.8%, reflecting working capital of Rs12.95 Billion against net assets of Rs15.09 Billion INR. Explore Refex Industries Limited (REFEX) investment intensity to see how much of total assets are deployed in long-term investments.
Refex Industries Limited Working Capital to Net Assets Ratio by Year (2005–2026)
Refex Industries Limited working capital to net assets ratio by year from 2005 to 2026. The table below presents the year-by-year Working Capital to Net Assets ratio for Refex Industries Limited from 2005 to 2026, 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 the complete balance sheet picture, see REFEX total assets.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 85.8% | Rs12.95 Billion | Rs15.09 Billion | Rs25.40 Billion | Rs12.45 Billion | ▲ +4.5 pp |
| 2025 | 81.3% | Rs9.85 Billion | Rs12.12 Billion | Rs13.81 Billion | Rs3.96 Billion | ▲ +15.0 pp |
| 2024 | 66.3% | Rs3.08 Billion | Rs4.65 Billion | Rs5.02 Billion | Rs1.94 Billion | ▲ +4.5 pp |
| 2023 | 61.8% | Rs1.94 Billion | Rs3.14 Billion | Rs5.26 Billion | Rs3.32 Billion | ▲ +19.6 pp |
| 2022 | 42.2% | Rs776.22 Million | Rs1.84 Billion | Rs2.13 Billion | Rs1.36 Billion | ▲ +12.2 pp |
| 2021 | 30.0% | Rs418.41 Million | Rs1.40 Billion | Rs1.71 Billion | Rs1.29 Billion | ▼ -49.8 pp |
| 2020 | 79.8% | Rs605.13 Million | Rs758.03 Million | Rs1.09 Billion | Rs487.10 Million | ▲ +43.0 pp |
| 2019 | 36.8% | Rs157.43 Million | Rs427.29 Million | Rs1.31 Billion | Rs1.15 Billion | ▼ -258.0 pp |
| 2018 | 294.8% | Rs327.24 Million | Rs111.00 Million | Rs780.87 Million | Rs453.64 Million | ▲ +28.4 pp |
| 2017 | 266.4% | Rs270.76 Million | Rs101.63 Million | Rs405.04 Million | Rs134.28 Million | ▲ +349.2 pp |
| 2016 | -82.8% | Rs-80.39 Million | Rs97.07 Million | Rs1.00 Billion | Rs1.09 Billion | ▲ +84.6 pp |
| 2015 | -167.4% | Rs-73.52 Million | Rs43.92 Million | Rs533.40 Million | Rs606.92 Million | ▲ +1084.7 pp |
| 2014 | -1252.1% | Rs-171.70 Million | Rs13.71 Million | Rs120.23 Million | Rs291.93 Million | ▲ +14836.3 pp |
| 2013 | -16088.4% | Rs-308.58 Million | Rs1.92 Million | Rs148.35 Million | Rs456.93 Million | ▼ -15952.0 pp |
| 2012 | -136.4% | Rs-216.19 Million | Rs158.48 Million | Rs252.10 Million | Rs468.29 Million | ▼ -135.4 pp |
| 2011 | -1.0% | Rs-4.07 Million | Rs392.56 Million | Rs557.64 Million | Rs561.71 Million | ▼ -65.2 pp |
| 2009 | 64.1% | Rs310.31 Million | Rs483.96 Million | Rs527.12 Million | Rs216.81 Million | ▲ +4.7 pp |
| 2008 | 59.4% | Rs275.51 Million | Rs463.71 Million | Rs359.02 Million | Rs83.51 Million | ▼ -49.8 pp |
| 2007 | 109.2% | Rs436.90 Million | Rs400.19 Million | Rs530.90 Million | Rs94.00 Million | ▲ +102.8 pp |
| 2006 | 6.4% | Rs1.55 Million | Rs24.34 Million | Rs24.30 Million | Rs22.75 Million | ▲ +61.9 pp |
| 2005 | -55.5% | Rs-1.14 Million | Rs2.06 Million | Rs3.42 Million | Rs4.56 Million | — |