Gujarat Narmada Valley Fertilizers and Chemicals Limited (GNFC) — Working Capital to Net Assets Ratio
Gujarat Narmada Valley Fertilizers and Chemicals Limited (GNFC) has a Working Capital to Net Assets ratio of 46.5% as of September 2025. Working capital of Rs40.18 Billion (current assets of Rs49.85 Billion minus current liabilities of Rs9.67 Billion) is measured against net assets of Rs86.48 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See GNFC net asset quality score to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Gujarat Narmada Valley Fertilizers and Chemicals Limited Working Capital to Net Assets (2005–2025)
This chart shows how Gujarat Narmada Valley Fertilizers and Chemicals Limited's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of September 2025, the ratio stands at 46.5%, reflecting working capital of Rs40.18 Billion against net assets of Rs86.48 Billion INR. Check Gujarat Narmada Valley Fertilizers and C (GNFC) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Gujarat Narmada Valley Fertilizers and Chemicals Limited (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Gujarat Narmada Valley Fertilizers and Chemicals Limited from 2005 to 2025, covering 21 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 GNFC company net worth.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 49.1% | Rs42.12 Billion | Rs85.75 Billion | Rs53.60 Billion | Rs11.48 Billion | ▲ +8.2 pp |
| 2024 | 40.9% | Rs34.00 Billion | Rs83.09 Billion | Rs44.82 Billion | Rs10.81 Billion | ▲ +1.6 pp |
| 2023 | 39.3% | Rs35.79 Billion | Rs91.05 Billion | Rs48.71 Billion | Rs12.92 Billion | ▼ -4.8 pp |
| 2022 | 44.1% | Rs35.26 Billion | Rs79.90 Billion | Rs48.94 Billion | Rs13.68 Billion | ▲ +3.4 pp |
| 2021 | 40.7% | Rs24.71 Billion | Rs60.68 Billion | Rs34.32 Billion | Rs9.61 Billion | ▲ +5.9 pp |
| 2020 | 34.9% | Rs18.48 Billion | Rs52.99 Billion | Rs36.48 Billion | Rs18.00 Billion | ▲ +5.9 pp |
| 2019 | 28.9% | Rs14.66 Billion | Rs50.65 Billion | Rs24.88 Billion | Rs10.22 Billion | ▲ +8.4 pp |
| 2018 | 20.5% | Rs9.26 Billion | Rs45.17 Billion | Rs21.07 Billion | Rs11.81 Billion | ▲ +11.4 pp |
| 2017 | 9.1% | Rs3.50 Billion | Rs38.55 Billion | Rs24.57 Billion | Rs21.07 Billion | ▲ +4.4 pp |
| 2016 | 4.7% | Rs1.57 Billion | Rs33.24 Billion | Rs29.42 Billion | Rs27.85 Billion | ▲ +0.5 pp |
| 2015 | 4.2% | Rs1.34 Billion | Rs31.54 Billion | Rs30.56 Billion | Rs29.22 Billion | ▲ +1.7 pp |
| 2014 | 2.6% | Rs755.76 Million | Rs29.46 Billion | Rs31.20 Billion | Rs30.45 Billion | ▲ +0.5 pp |
| 2013 | 2.1% | Rs558.80 Million | Rs27.17 Billion | Rs22.13 Billion | Rs21.57 Billion | ▼ -41.3 pp |
| 2012 | 43.4% | Rs10.88 Billion | Rs25.07 Billion | Rs31.73 Billion | Rs20.85 Billion | ▲ +38.7 pp |
| 2011 | 4.7% | Rs1.08 Billion | Rs23.00 Billion | Rs12.55 Billion | Rs11.47 Billion | ▼ -23.0 pp |
| 2010 | 27.7% | Rs5.76 Billion | Rs20.79 Billion | Rs9.99 Billion | Rs4.23 Billion | ▼ -15.3 pp |
| 2009 | 43.0% | Rs8.67 Billion | Rs20.14 Billion | Rs12.36 Billion | Rs3.69 Billion | ▼ -5.7 pp |
| 2008 | 48.7% | Rs8.99 Billion | Rs18.46 Billion | Rs13.88 Billion | Rs4.89 Billion | ▼ -6.7 pp |
| 2007 | 55.4% | Rs8.71 Billion | Rs15.71 Billion | Rs14.10 Billion | Rs5.40 Billion | ▲ +12.0 pp |
| 2006 | 43.5% | Rs5.12 Billion | Rs11.77 Billion | Rs8.85 Billion | Rs3.73 Billion | ▲ +39.0 pp |
| 2005 | 4.5% | Rs476.65 Million | Rs10.55 Billion | Rs11.61 Billion | Rs11.13 Billion | — |