Gujarat Mineral Development Corporation Limited Working Capital to Net Assets Ratio
Gujarat Mineral Development Corporation Limited working capital to net assets ratio. Gujarat Mineral Development Corporation Limited (GMDCLTD) has a Working Capital to Net Assets ratio of 34.7% as of March 2026. Working capital of Rs24.52 Billion (current assets of Rs32.32 Billion minus current liabilities of Rs7.80 Billion) is measured against net assets of Rs70.73 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Gujarat Mineral Development Corporation tangible net worth ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Gujarat Mineral Development Corporation Limited (2004–2026)
Working capital to net assets ratio of Gujarat Mineral Development Corporation Limited from 2004 to 2026. This chart shows how Gujarat Mineral Development Corporation Limited's Working Capital to Net Assets ratio has evolved across 23 annual periods from 2004 to 2026. As of March 2026, the ratio stands at 34.7%, reflecting working capital of Rs24.52 Billion against net assets of Rs70.73 Billion INR. See GMDCLTD cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Gujarat Mineral Development Corporation Limited Working Capital to Net Assets Ratio by Year (2004–2026)
Gujarat Mineral Development Corporation Limited working capital to net assets ratio by year from 2004 to 2026. The table below presents the year-by-year Working Capital to Net Assets ratio for Gujarat Mineral Development Corporation Limited from 2004 to 2026, covering 23 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 the complete balance sheet picture, see Gujarat Mineral Development Corporation balance sheet assets.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 34.7% | Rs24.52 Billion | Rs70.73 Billion | Rs32.32 Billion | Rs7.80 Billion | ▲ +4.1 pp |
| 2025 | 30.6% | Rs19.60 Billion | Rs64.12 Billion | Rs24.88 Billion | Rs5.28 Billion | ▼ -3.0 pp |
| 2024 | 33.6% | Rs20.56 Billion | Rs61.16 Billion | Rs26.07 Billion | Rs5.51 Billion | ▲ +7.5 pp |
| 2023 | 26.2% | Rs15.05 Billion | Rs57.55 Billion | Rs20.33 Billion | Rs5.27 Billion | ▲ +0.4 pp |
| 2022 | 25.7% | Rs12.50 Billion | Rs48.56 Billion | Rs16.72 Billion | Rs4.23 Billion | ▼ -6.7 pp |
| 2021 | 32.4% | Rs13.17 Billion | Rs40.62 Billion | Rs16.66 Billion | Rs3.50 Billion | ▲ +1.3 pp |
| 2020 | 31.1% | Rs13.22 Billion | Rs42.48 Billion | Rs16.19 Billion | Rs2.97 Billion | ▲ +2.0 pp |
| 2019 | 29.1% | Rs12.58 Billion | Rs43.17 Billion | Rs15.04 Billion | Rs2.46 Billion | ▲ +4.7 pp |
| 2018 | 24.4% | Rs10.63 Billion | Rs43.52 Billion | Rs14.66 Billion | Rs4.04 Billion | ▼ -0.4 pp |
| 2017 | 24.8% | Rs9.95 Billion | Rs40.07 Billion | Rs14.40 Billion | Rs4.45 Billion | ▼ -9.1 pp |
| 2016 | 33.9% | Rs11.43 Billion | Rs33.69 Billion | Rs16.02 Billion | Rs4.60 Billion | ▲ +3.2 pp |
| 2015 | 30.7% | Rs9.96 Billion | Rs32.42 Billion | Rs13.08 Billion | Rs3.12 Billion | ▼ -2.3 pp |
| 2014 | 33.0% | Rs9.46 Billion | Rs28.62 Billion | Rs12.98 Billion | Rs3.52 Billion | ▲ +4.1 pp |
| 2013 | 28.9% | Rs7.33 Billion | Rs25.35 Billion | Rs12.12 Billion | Rs4.78 Billion | ▲ +4.9 pp |
| 2012 | 24.0% | Rs4.91 Billion | Rs20.46 Billion | Rs9.99 Billion | Rs5.08 Billion | ▲ +1.5 pp |
| 2011 | 22.5% | Rs3.76 Billion | Rs16.70 Billion | Rs19.30 Billion | Rs15.54 Billion | ▼ -3.1 pp |
| 2010 | 25.6% | Rs3.60 Billion | Rs14.06 Billion | Rs14.81 Billion | Rs11.21 Billion | ▼ -19.3 pp |
| 2009 | 44.9% | Rs5.47 Billion | Rs12.19 Billion | Rs15.01 Billion | Rs9.54 Billion | ▼ -4.4 pp |
| 2008 | 49.3% | Rs5.23 Billion | Rs10.62 Billion | Rs13.51 Billion | Rs8.28 Billion | ▼ -7.6 pp |
| 2007 | 56.9% | Rs4.77 Billion | Rs8.39 Billion | Rs11.54 Billion | Rs6.77 Billion | ▼ -1.1 pp |
| 2006 | 58.1% | Rs4.54 Billion | Rs7.81 Billion | Rs6.57 Billion | Rs2.03 Billion | ▲ +8.3 pp |
| 2005 | 49.8% | Rs3.82 Billion | Rs7.68 Billion | Rs5.98 Billion | Rs2.15 Billion | ▲ +13.5 pp |
| 2004 | 36.3% | Rs2.48 Billion | Rs6.83 Billion | Rs4.44 Billion | Rs1.96 Billion | — |