Golan Plastic (GLPL) — Working Capital to Net Assets Ratio

Latest as of March 2024: 55.9%

Golan Plastic (GLPL) has a Working Capital to Net Assets ratio of 55.9% as of March 2024. Working capital of ILA173.55 Million (current assets of ILA276.75 Million minus current liabilities of ILA103.21 Million) is measured against net assets of ILA310.65 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See GLPL net asset quality score to measure how much of total assets are equity-financed.

WC/NA Ratio

55.9%
Working Capital / Net Assets

Working Capital

ILA173.55 Million
ILA

Current Assets

ILA276.75 Million
ILA

Current Liabilities

ILA103.21 Million
ILA

Golan Plastic Working Capital to Net Assets (2013–2023)

This chart shows how Golan Plastic's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2013 to 2023. As of March 2024, the ratio stands at 55.9%, reflecting working capital of ILA173.55 Million against net assets of ILA310.65 Million ILA. Check how tangible is Golan Plastic's equity to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for Golan Plastic (2013–2023)

The table below presents the year-by-year Working Capital to Net Assets ratio for Golan Plastic from 2013 to 2023, covering 11 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 GLPL market cap.

Year WC/NA Ratio Working Capital (ILA) Net Assets Current Assets Current Liabilities Change (pp)
2023 58.4% ILA178.71 Million ILA305.90 Million ILA277.01 Million ILA98.30 Million ▼ -8.6 pp
2022 67.1% ILA196.46 Million ILA292.94 Million ILA299.49 Million ILA103.03 Million ▲ +1.9 pp
2021 65.2% ILA160.20 Million ILA245.82 Million ILA253.12 Million ILA92.92 Million ▲ +7.5 pp
2020 57.7% ILA133.64 Million ILA231.53 Million ILA242.40 Million ILA108.76 Million ▼ -3.3 pp
2019 61.0% ILA128.95 Million ILA211.49 Million ILA216.68 Million ILA87.73 Million ▲ +0.7 pp
2018 60.2% ILA122.29 Million ILA203.00 Million ILA214.01 Million ILA91.71 Million ▼ -0.9 pp
2017 61.2% ILA119.41 Million ILA195.27 Million ILA210.02 Million ILA90.62 Million ▼ -0.6 pp
2016 61.7% ILA111.33 Million ILA180.39 Million ILA189.73 Million ILA78.40 Million ▼ -4.6 pp
2015 66.3% ILA113.97 Million ILA171.83 Million ILA186.12 Million ILA72.15 Million ▲ +2.1 pp
2014 64.3% ILA109.27 Million ILA170.07 Million ILA201.49 Million ILA92.22 Million ▼ -6.0 pp
2013 70.3% ILA117.58 Million ILA167.34 Million ILA195.66 Million ILA78.08 Million
pp = percentage points