Ganga Forging Limited (GANGAFORGE) — Net Asset Quality Index
Ganga Forging Limited (GANGAFORGE) has a Net Asset Quality Index of 48.9% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of Rs592.02 Million minus total liabilities of Rs302.43 Million yields net assets of Rs289.59 Million. A higher index indicates a stronger, lower-leverage balance sheet. Read how much debt does Ganga Forging Limited carry for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
Ganga Forging Limited Net Asset Quality Index Over Time (2013–2025)
This chart shows how Ganga Forging Limited's Net Asset Quality Index has evolved across 13 annual periods from 2013 to 2025. As of September 2025, the index stands at 48.9%, representing net assets of Rs289.59 Million against total assets of Rs592.02 Million INR. For live market cap and overall valuation, see market value of Ganga Forging Limited.
Annual Net Asset Quality Index for Ganga Forging Limited (2013–2025)
The table below presents the year-by-year Net Asset Quality Index for Ganga Forging Limited from 2013 to 2025, covering 13 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check GANGAFORGE PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (INR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 54.9% | Rs321.89 Million | Rs586.83 Million | Rs264.94 Million | ▼ -13.0 pp |
| 2024 | 67.8% | Rs314.13 Million | Rs463.08 Million | Rs148.95 Million | ▲ +29.4 pp |
| 2023 | 38.4% | Rs133.34 Million | Rs347.29 Million | Rs213.95 Million | ▲ +0.9 pp |
| 2022 | 37.5% | Rs116.50 Million | Rs310.45 Million | Rs193.95 Million | ▼ -1.3 pp |
| 2021 | 38.8% | Rs121.05 Million | Rs312.01 Million | Rs190.96 Million | ▲ +2.5 pp |
| 2020 | 36.3% | Rs119.98 Million | Rs330.51 Million | Rs210.53 Million | ▼ -3.9 pp |
| 2019 | 40.2% | Rs141.13 Million | Rs351.07 Million | Rs209.93 Million | ▲ +6.1 pp |
| 2018 | 34.1% | Rs85.90 Million | Rs251.69 Million | Rs165.80 Million | ▲ +8.2 pp |
| 2017 | 25.9% | Rs39.30 Million | Rs151.45 Million | Rs112.15 Million | ▲ +0.3 pp |
| 2016 | 25.6% | Rs34.45 Million | Rs134.53 Million | Rs100.09 Million | ▼ -0.9 pp |
| 2015 | 26.5% | Rs31.92 Million | Rs120.27 Million | Rs88.35 Million | ▲ +1.3 pp |
| 2014 | 25.3% | Rs27.26 Million | Rs107.83 Million | Rs80.57 Million | ▲ +0.6 pp |
| 2013 | 24.7% | Rs21.19 Million | Rs85.83 Million | Rs64.64 Million | — |