GHCL Limited (GHCL) — Working Capital to Net Assets Ratio
GHCL Limited (GHCL) has a Working Capital to Net Assets ratio of 43.8% as of September 2025. Working capital of Rs15.92 Billion (current assets of Rs19.12 Billion minus current liabilities of Rs3.20 Billion) is measured against net assets of Rs36.36 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See GHCL net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
GHCL Limited Working Capital to Net Assets (2004–2025)
This chart shows how GHCL Limited's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2004 to 2025. As of September 2025, the ratio stands at 43.8%, reflecting working capital of Rs15.92 Billion against net assets of Rs36.36 Billion INR. Check tangible net worth ratio of GHCL Limited to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for GHCL Limited (2004–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for GHCL Limited from 2004 to 2025, covering 22 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 GHCL market cap overview.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 45.4% | Rs15.85 Billion | Rs34.89 Billion | Rs19.54 Billion | Rs3.68 Billion | ▼ -0.4 pp |
| 2024 | 45.8% | Rs13.66 Billion | Rs29.78 Billion | Rs17.79 Billion | Rs4.14 Billion | ▼ -16.9 pp |
| 2023 | 62.8% | Rs24.84 Billion | Rs39.56 Billion | Rs31.57 Billion | Rs6.73 Billion | ▲ +31.0 pp |
| 2022 | 31.8% | Rs9.81 Billion | Rs30.86 Billion | Rs21.71 Billion | Rs11.90 Billion | ▲ +13.2 pp |
| 2021 | 18.6% | Rs4.62 Billion | Rs24.84 Billion | Rs11.15 Billion | Rs6.53 Billion | ▲ +2.2 pp |
| 2020 | 16.4% | Rs3.53 Billion | Rs21.49 Billion | Rs12.92 Billion | Rs9.38 Billion | ▲ +9.7 pp |
| 2019 | 6.8% | Rs1.31 Billion | Rs19.25 Billion | Rs12.39 Billion | Rs11.08 Billion | ▲ +11.2 pp |
| 2018 | -4.4% | Rs-711.90 Million | Rs16.11 Billion | Rs10.01 Billion | Rs10.72 Billion | ▲ +9.7 pp |
| 2017 | -14.1% | Rs-1.90 Billion | Rs13.47 Billion | Rs10.27 Billion | Rs12.17 Billion | ▲ +12.4 pp |
| 2016 | -26.5% | Rs-2.61 Billion | Rs9.86 Billion | Rs8.21 Billion | Rs10.83 Billion | ▲ +2.2 pp |
| 2015 | -28.7% | Rs-2.21 Billion | Rs7.70 Billion | Rs8.95 Billion | Rs11.16 Billion | ▲ +17.2 pp |
| 2014 | -45.9% | Rs-2.69 Billion | Rs5.87 Billion | Rs11.02 Billion | Rs13.72 Billion | ▼ -10.6 pp |
| 2013 | -35.3% | Rs-2.00 Billion | Rs5.67 Billion | Rs9.55 Billion | Rs11.55 Billion | ▲ +46.5 pp |
| 2012 | -81.7% | Rs-3.94 Billion | Rs4.82 Billion | Rs8.32 Billion | Rs12.26 Billion | ▼ -146.7 pp |
| 2011 | 65.0% | Rs5.45 Billion | Rs8.38 Billion | Rs9.35 Billion | Rs3.90 Billion | ▲ +15.8 pp |
| 2010 | 49.2% | Rs4.73 Billion | Rs9.62 Billion | Rs8.30 Billion | Rs3.57 Billion | ▼ -2.7 pp |
| 2009 | 51.9% | Rs4.36 Billion | Rs8.39 Billion | Rs8.14 Billion | Rs3.78 Billion | ▼ -245.8 pp |
| 2008 | 297.7% | Rs9.37 Billion | Rs3.15 Billion | Rs13.91 Billion | Rs4.54 Billion | ▼ -75.9 pp |
| 2007 | 373.7% | Rs8.42 Billion | Rs2.25 Billion | Rs15.55 Billion | Rs7.12 Billion | ▲ +278.0 pp |
| 2006 | 95.7% | Rs2.92 Billion | Rs3.05 Billion | Rs6.15 Billion | Rs3.23 Billion | ▲ +47.9 pp |
| 2005 | 47.8% | Rs1.09 Billion | Rs2.29 Billion | Rs2.84 Billion | Rs1.75 Billion | ▲ +43.6 pp |
| 2004 | 4.1% | Rs91.22 Million | Rs2.20 Billion | Rs2.29 Billion | Rs2.20 Billion | — |