Aqua Corporation Public Company Limited (AQUA) — Working Capital to Net Assets Ratio
Aqua Corporation Public Company Limited (AQUA) has a Working Capital to Net Assets ratio of -6.3% as of September 2025. Working capital of ฿-367.69 Million (current assets of ฿1.30 Billion minus current liabilities of ฿1.67 Billion) is measured against net assets of ฿5.87 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See AQUA equity to assets ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Aqua Corporation Public Company Limited Working Capital to Net Assets (2004–2024)
This chart shows how Aqua Corporation Public Company Limited's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2004 to 2024. As of September 2025, the ratio stands at -6.3%, reflecting working capital of ฿-367.69 Million against net assets of ฿5.87 Billion THB. Check AQUA tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Aqua Corporation Public Company Limited (2004–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Aqua Corporation Public Company Limited from 2004 to 2024, 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 Aqua Corporation Public Company Limited market capitalisation.
| Year | WC/NA Ratio | Working Capital (THB) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -12.6% | ฿-630.84 Million | ฿5.02 Billion | ฿545.06 Million | ฿1.18 Billion | ▲ +3.7 pp |
| 2023 | -16.3% | ฿-986.79 Million | ฿6.07 Billion | ฿489.34 Million | ฿1.48 Billion | ▼ -18.1 pp |
| 2022 | 1.9% | ฿111.06 Million | ฿5.94 Billion | ฿1.06 Billion | ฿945.98 Million | ▲ +16.4 pp |
| 2021 | -14.5% | ฿-760.47 Million | ฿5.24 Billion | ฿680.45 Million | ฿1.44 Billion | ▲ +1.4 pp |
| 2020 | -15.9% | ฿-714.09 Million | ฿4.48 Billion | ฿603.73 Million | ฿1.32 Billion | ▼ -11.1 pp |
| 2019 | -4.8% | ฿-221.90 Million | ฿4.59 Billion | ฿487.75 Million | ฿709.65 Million | ▲ +7.9 pp |
| 2018 | -12.8% | ฿-518.39 Million | ฿4.06 Billion | ฿394.60 Million | ฿912.99 Million | ▼ -14.0 pp |
| 2017 | 1.2% | ฿44.49 Million | ฿3.76 Billion | ฿554.51 Million | ฿510.02 Million | ▼ -16.5 pp |
| 2016 | 17.7% | ฿578.12 Million | ฿3.27 Billion | ฿951.99 Million | ฿373.87 Million | ▼ -16.8 pp |
| 2015 | 34.5% | ฿1.17 Billion | ฿3.39 Billion | ฿1.46 Billion | ฿293.42 Million | ▲ +30.8 pp |
| 2014 | 3.7% | ฿126.99 Million | ฿3.47 Billion | ฿321.30 Million | ฿194.30 Million | ▼ -32.4 pp |
| 2013 | 36.1% | ฿480.98 Million | ฿1.33 Billion | ฿576.84 Million | ฿95.86 Million | ▲ +20.9 pp |
| 2012 | 15.2% | ฿128.46 Million | ฿846.18 Million | ฿219.14 Million | ฿90.68 Million | ▲ +2.8 pp |
| 2011 | 12.4% | ฿111.65 Million | ฿902.89 Million | ฿168.08 Million | ฿56.43 Million | ▼ -2.3 pp |
| 2010 | 14.6% | ฿117.75 Million | ฿804.73 Million | ฿208.40 Million | ฿90.64 Million | ▼ -25.5 pp |
| 2009 | 40.1% | ฿306.54 Million | ฿764.76 Million | ฿399.01 Million | ฿92.46 Million | ▲ +13.8 pp |
| 2008 | 26.3% | ฿179.08 Million | ฿680.10 Million | ฿257.82 Million | ฿78.74 Million | ▼ -15.4 pp |
| 2007 | 41.8% | ฿285.58 Million | ฿683.55 Million | ฿402.23 Million | ฿116.65 Million | ▼ -6.0 pp |
| 2006 | 47.8% | ฿282.10 Million | ฿589.83 Million | ฿373.59 Million | ฿91.49 Million | ▼ -15.8 pp |
| 2005 | 63.6% | ฿526.66 Million | ฿827.57 Million | ฿788.63 Million | ฿261.97 Million | ▼ -3.4 pp |
| 2004 | 67.0% | ฿655.18 Million | ฿977.47 Million | ฿1.06 Billion | ฿405.36 Million | — |