Corporativo GBM S.A.B. de C.V (GBMO) — Working Capital to Net Assets Ratio

Latest as of March 2023: -460.3%

Corporativo GBM S.A.B. de C.V (GBMO) has a Working Capital to Net Assets ratio of -460.3% as of March 2023. Working capital of MX$-27.98 Billion (current assets of MX$3.52 Billion minus current liabilities of MX$31.51 Billion) is measured against net assets of MX$6.08 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Corporativo GBM S.A.B. de C.V balance sheet independence to measure how much of total assets are equity-financed.

WC/NA Ratio

-460.3%
Working Capital / Net Assets

Working Capital

MX$-27.98 Billion
MXN

Current Assets

MX$3.52 Billion
MXN

Current Liabilities

MX$31.51 Billion
MXN

Corporativo GBM S.A.B. de C.V Working Capital to Net Assets (2013–2021)

This chart shows how Corporativo GBM S.A.B. de C.V's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2013 to 2021. As of March 2023, the ratio stands at -460.3%, reflecting working capital of MX$-27.98 Billion against net assets of MX$6.08 Billion MXN. Check tangible net worth ratio of Corporativo GBM S.A.B. de C.V to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for Corporativo GBM S.A.B. de C.V (2013–2021)

The table below presents the year-by-year Working Capital to Net Assets ratio for Corporativo GBM S.A.B. de C.V from 2013 to 2021, 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. For live market cap and the full company profile, see Corporativo GBM S.A.B. de C.V (GBMO) market capitalisation.

Year WC/NA Ratio Working Capital (MXN) Net Assets Current Assets Current Liabilities Change (pp)
2021 80.4% MX$4.73 Billion MX$5.88 Billion MX$30.83 Billion MX$26.10 Billion ▼ -21.4 pp
2020 101.8% MX$9.20 Billion MX$9.03 Billion MX$24.93 Billion MX$15.73 Billion ▼ -18.1 pp
2019 119.9% MX$9.79 Billion MX$8.16 Billion MX$20.28 Billion MX$10.49 Billion ▼ -7.0 pp
2018 127.0% MX$10.90 Billion MX$8.58 Billion MX$18.92 Billion MX$8.02 Billion ▼ -16.4 pp
2017 143.4% MX$13.19 Billion MX$9.20 Billion MX$24.14 Billion MX$10.95 Billion ▼ -1.2 pp
2016 144.6% MX$12.88 Billion MX$8.91 Billion MX$26.84 Billion MX$13.96 Billion ▲ +1.9 pp
2015 142.7% MX$11.80 Billion MX$8.27 Billion MX$29.89 Billion MX$18.09 Billion ▲ +383.9 pp
2014 -241.1% MX$-18.42 Billion MX$7.64 Billion MX$11.19 Billion MX$29.61 Billion ▼ -43.8 pp
2013 -197.3% MX$-13.28 Billion MX$6.73 Billion MX$4.89 Billion MX$18.17 Billion
pp = percentage points