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. Check Ganga Forging Limited (GANGAFORGE) asset resilience to evaluate the company's liquid asset resilience ratio.
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. See GANGAFORGE current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
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. For market capitalisation and the full company profile, see how much is Ganga Forging Limited worth.
| 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 | — |