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 72.8% as of September 2025. Working capital of Rs12.49 Billion (current assets of Rs23.88 Billion minus current liabilities of Rs11.39 Billion) is measured against net assets of Rs17.16 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Gulf Oil Lubricants India Limited balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Gulf Oil Lubricants India Limited Working Capital to Net Assets (2014–2025)
This chart shows how Gulf Oil Lubricants India Limited's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2014 to 2025. As of September 2025, the ratio stands at 72.8%, reflecting working capital of Rs12.49 Billion against net assets of Rs17.16 Billion INR. Check GULFOILLUB goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Gulf Oil Lubricants India Limited (2014–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Gulf Oil Lubricants India Limited from 2014 to 2025, covering 12 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 Gulf Oil Lubricants India Limited market capitalisation.
| Year | WC/NA Ratio | Working Capital (INR) | Net Assets | Current Assets | Current Liabilities | Change (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 | — |