Gujarat Mineral Development Corporation Limited (GMDCLTD) — 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. See GMDCLTD days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Gujarat Mineral Development Corporation Limited Working Capital to Net Assets (2004–2026)
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. For the complete balance sheet picture, see GMDCLTD total assets.
Annual Working Capital to Net Assets for Gujarat Mineral Development Corporation Limited (2004–2026)
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. Check financial resilience of Gujarat Mineral Development Corporation to evaluate the company's liquid asset resilience ratio.
| 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 | — |