Ganga Forging Limited Net Asset Quality Index
Ganga Forging Limited 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) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
Net Asset Quality Index of Ganga Forging Limited (2013–2025)
Net asset quality index of Ganga Forging Limited from 2013 to 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 Ganga Forging Limited (GANGAFORGE) net assets for net asset value and shareholders' equity analysis.
Ganga Forging Limited Net Asset Quality Index by Year (2013–2025)
Ganga Forging Limited net asset quality index by year from 2013 to 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 live market cap and overall valuation, see Ganga Forging Limited (GANGAFORGE) total market value.
| 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 | — |