Gulf Resources Inc (R29B) — Working Capital to Net Assets Ratio
Gulf Resources Inc (R29B) has a Working Capital to Net Assets ratio of 3.9% as of June 2025. Working capital of €5.49 Million (current assets of €20.28 Million minus current liabilities of €14.79 Million) is measured against net assets of €142.21 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Gulf Resources Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Gulf Resources Inc Working Capital to Net Assets (2016–2024)
This chart shows how Gulf Resources Inc's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2016 to 2024. As of June 2025, the ratio stands at 3.9%, reflecting working capital of €5.49 Million against net assets of €142.21 Million EUR. For the complete balance sheet picture, see Gulf Resources Inc (R29B) total assets.
Annual Working Capital to Net Assets for Gulf Resources Inc (2016–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Gulf Resources Inc from 2016 to 2024, covering 9 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. Read Gulf Resources Inc total liabilities for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -0.2% | €-281.03K | €143.71 Million | €17.45 Million | €17.73 Million | ▼ -36.0 pp |
| 2023 | 35.8% | €73.48 Million | €205.25 Million | €86.07 Million | €12.59 Million | ▼ -3.8 pp |
| 2022 | 39.6% | €107.65 Million | €271.62 Million | €119.43 Million | €11.78 Million | ▲ +4.2 pp |
| 2021 | 35.4% | €101.55 Million | €286.64 Million | €115.43 Million | €13.89 Million | ▼ -0.7 pp |
| 2020 | 36.2% | €100.21 Million | €277.02 Million | €107.31 Million | €7.10 Million | ▼ -2.2 pp |
| 2019 | 38.3% | €100.90 Million | €263.11 Million | €107.20 Million | €6.31 Million | ▼ -24.5 pp |
| 2018 | 62.9% | €184.72 Million | €293.85 Million | €187.34 Million | €2.62 Million | ▼ -0.4 pp |
| 2017 | 63.3% | €238.28 Million | €376.56 Million | €241.51 Million | €3.23 Million | ▲ +3.8 pp |
| 2016 | 59.5% | €207.82 Million | €349.46 Million | €221.77 Million | €13.95 Million | — |