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 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
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. See Gujarat Mineral Development Corporation defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
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. For live market cap and the full company profile, see Gujarat Mineral Development Corporation market cap and net worth.
| 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 | — |