Gujarat State Fertilizers & Chemicals Limited (GSFC) — Working Capital to Net Assets Ratio
Gujarat State Fertilizers & Chemicals Limited (GSFC) has a Working Capital to Net Assets ratio of 36.3% as of September 2025. Working capital of Rs45.30 Billion (current assets of Rs59.00 Billion minus current liabilities of Rs13.70 Billion) is measured against net assets of Rs124.76 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See GSFC financial flexibility score to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Gujarat State Fertilizers & Chemicals Limited Working Capital to Net Assets (2005–2025)
This chart shows how Gujarat State Fertilizers & 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 36.3%, reflecting working capital of Rs45.30 Billion against net assets of Rs124.76 Billion INR. See GSFC days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Gujarat State Fertilizers & Chemicals Limited (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Gujarat State Fertilizers & 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 market value of Gujarat State Fertilizers & Chemicals Li.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 35.8% | Rs43.48 Billion | Rs121.49 Billion | Rs56.50 Billion | Rs13.02 Billion | ▲ +1.2 pp |
| 2024 | 34.5% | Rs43.98 Billion | Rs127.28 Billion | Rs57.01 Billion | Rs13.04 Billion | ▼ -1.1 pp |
| 2023 | 35.6% | Rs42.92 Billion | Rs120.41 Billion | Rs53.73 Billion | Rs10.81 Billion | ▲ +8.5 pp |
| 2022 | 27.2% | Rs31.98 Billion | Rs117.74 Billion | Rs45.72 Billion | Rs13.74 Billion | ▲ +0.4 pp |
| 2021 | 26.7% | Rs24.71 Billion | Rs92.43 Billion | Rs35.01 Billion | Rs10.30 Billion | ▼ -3.9 pp |
| 2020 | 30.7% | Rs21.05 Billion | Rs68.63 Billion | Rs44.69 Billion | Rs23.64 Billion | ▲ +1.8 pp |
| 2019 | 28.9% | Rs21.16 Billion | Rs73.22 Billion | Rs46.03 Billion | Rs24.87 Billion | ▲ +3.3 pp |
| 2018 | 25.6% | Rs18.70 Billion | Rs73.05 Billion | Rs41.48 Billion | Rs22.78 Billion | ▼ -3.3 pp |
| 2017 | 28.9% | Rs19.16 Billion | Rs66.19 Billion | Rs37.52 Billion | Rs18.37 Billion | ▼ -4.6 pp |
| 2016 | 33.5% | Rs18.59 Billion | Rs55.45 Billion | Rs40.37 Billion | Rs21.78 Billion | ▼ -2.6 pp |
| 2015 | 36.1% | Rs16.28 Billion | Rs45.05 Billion | Rs30.57 Billion | Rs14.29 Billion | ▼ -1.1 pp |
| 2014 | 37.2% | Rs15.59 Billion | Rs41.91 Billion | Rs32.29 Billion | Rs16.70 Billion | ▼ -4.7 pp |
| 2013 | 41.9% | Rs16.53 Billion | Rs39.42 Billion | Rs39.53 Billion | Rs23.00 Billion | ▼ -0.5 pp |
| 2012 | 42.5% | Rs14.93 Billion | Rs35.17 Billion | Rs31.04 Billion | Rs16.11 Billion | ▲ +1.7 pp |
| 2011 | 40.8% | Rs11.53 Billion | Rs28.29 Billion | Rs22.52 Billion | Rs10.99 Billion | ▼ -19.5 pp |
| 2010 | 60.3% | Rs12.93 Billion | Rs21.44 Billion | Rs21.04 Billion | Rs8.11 Billion | ▲ +30.9 pp |
| 2009 | 29.4% | Rs5.68 Billion | Rs19.31 Billion | Rs14.63 Billion | Rs8.95 Billion | ▼ -25.2 pp |
| 2008 | 54.6% | Rs8.05 Billion | Rs14.73 Billion | Rs14.88 Billion | Rs6.82 Billion | ▼ -21.4 pp |
| 2007 | 76.0% | Rs11.81 Billion | Rs15.54 Billion | Rs17.31 Billion | Rs5.50 Billion | ▲ +6.7 pp |
| 2006 | 69.3% | Rs8.87 Billion | Rs12.80 Billion | Rs16.27 Billion | Rs7.40 Billion | ▲ +13.5 pp |
| 2005 | 55.8% | Rs5.55 Billion | Rs9.93 Billion | Rs12.85 Billion | Rs7.31 Billion | — |