Gulf Oil Lubricants India Limited (GULFOILLUB) — Working Capital to Net Assets Ratio
Gulf Oil Lubricants India Limited (GULFOILLUB) has a Working Capital to Net Assets ratio of 71.9% as of March 2026. Working capital of Rs11.39 Billion (current assets of Rs24.73 Billion minus current liabilities of Rs13.34 Billion) is measured against net assets of Rs15.84 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See GULFOILLUB defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Gulf Oil Lubricants India Limited Working Capital to Net Assets (2014–2026)
This chart shows how Gulf Oil Lubricants India Limited's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2014 to 2026. As of March 2026, the ratio stands at 71.9%, reflecting working capital of Rs11.39 Billion against net assets of Rs15.84 Billion INR. For the complete balance sheet picture, see GULFOILLUB current and non-current assets.
Annual Working Capital to Net Assets for Gulf Oil Lubricants India Limited (2014–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Gulf Oil Lubricants India Limited from 2014 to 2026, covering 13 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 asset resilience ratio of Gulf Oil Lubricants India Limited 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 | 71.9% | Rs11.39 Billion | Rs15.84 Billion | Rs24.73 Billion | Rs13.34 Billion | ▲ +2.0 pp |
| 2025 | 69.9% | Rs10.70 Billion | Rs15.31 Billion | Rs22.32 Billion | Rs11.62 Billion | ▲ +2.1 pp |
| 2024 | 67.8% | Rs9.27 Billion | Rs13.67 Billion | Rs19.09 Billion | Rs9.82 Billion | ▼ -2.1 pp |
| 2023 | 69.9% | Rs8.24 Billion | Rs11.78 Billion | Rs16.69 Billion | Rs8.45 Billion | ▼ -0.7 pp |
| 2022 | 70.6% | Rs7.36 Billion | Rs10.43 Billion | Rs14.86 Billion | Rs7.50 Billion | ▲ +4.2 pp |
| 2021 | 66.4% | Rs5.77 Billion | Rs8.69 Billion | Rs11.29 Billion | Rs5.52 Billion | ▲ +4.3 pp |
| 2020 | 62.1% | Rs4.73 Billion | Rs7.61 Billion | Rs11.28 Billion | Rs6.55 Billion | ▲ +10.6 pp |
| 2019 | 51.6% | Rs3.03 Billion | Rs5.87 Billion | Rs8.34 Billion | Rs5.31 Billion | ▲ +8.1 pp |
| 2018 | 43.5% | Rs2.03 Billion | Rs4.67 Billion | Rs7.49 Billion | Rs5.46 Billion | ▼ -12.9 pp |
| 2017 | 56.3% | Rs1.99 Billion | Rs3.54 Billion | Rs5.68 Billion | Rs3.69 Billion | ▲ +2.3 pp |
| 2016 | 54.1% | Rs1.34 Billion | Rs2.49 Billion | Rs5.28 Billion | Rs3.94 Billion | ▲ +8.8 pp |
| 2015 | 45.2% | Rs846.37 Million | Rs1.87 Billion | Rs4.57 Billion | Rs3.72 Billion | ▲ +80081.5 pp |
| 2014 | -80036.3% | Rs-337.75 Million | Rs422.00K | Rs464.00K | Rs338.22 Million | — |