Corporativo GBM S.A.B. de C.V (GBMO) — Working Capital to Net Assets Ratio
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$6.08 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See GBMO financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Corporativo GBM S.A.B. de C.V Working Capital to Net Assets (2013–2021)
This chart shows how Corporativo GBM S.A.B. de C.V's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2013 to 2021. As of March 2023, the ratio stands at -460.3%, reflecting working capital of MX$-27.98 Billion against net assets of MX$6.08 Billion MXN. See GBMO defensive interval ratio to measure how many days the company can operate on defensive assets alone.
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 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 | — |