GF Securities Co. Ltd (9GF) — Working Capital to Net Assets Ratio
GF Securities Co. Ltd (9GF) has a Working Capital to Net Assets ratio of 166.6% as of September 2023. Working capital of €232.04 Billion (current assets of €495.48 Billion minus current liabilities of €263.44 Billion) is measured against net assets of €139.29 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 9GF defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
GF Securities Co. Ltd Working Capital to Net Assets (2017–2021)
This chart shows how GF Securities Co. Ltd's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2017 to 2021. As of September 2023, the ratio stands at 166.6%, reflecting working capital of €232.04 Billion against net assets of €139.29 Billion EUR. For the complete balance sheet picture, see balance sheet size of GF Securities Co. Ltd.
Annual Working Capital to Net Assets for GF Securities Co. Ltd (2017–2021)
The table below presents the year-by-year Working Capital to Net Assets ratio for GF Securities Co. Ltd from 2017 to 2021, covering 5 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. Explore GF Securities Co. Ltd long-term investment intensity to see how much of total assets are deployed in long-term investments.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2021 | 140.9% | €156.11 Billion | €110.80 Billion | €408.30 Billion | €252.19 Billion | ▲ +19.1 pp |
| 2020 | 121.8% | €124.59 Billion | €102.27 Billion | €311.20 Billion | €186.61 Billion | ▼ -17.2 pp |
| 2019 | 139.0% | €130.84 Billion | €94.14 Billion | €270.10 Billion | €139.26 Billion | ▼ -4.7 pp |
| 2018 | 143.7% | €127.35 Billion | €88.63 Billion | €282.21 Billion | €154.86 Billion | ▲ +17.9 pp |
| 2017 | 125.8% | €111.46 Billion | €88.63 Billion | €256.74 Billion | €145.28 Billion | — |