Bangkok Airways Public Company Limited Working Capital to Net Assets Ratio
Bangkok Airways Public Company Limited working capital to net assets ratio. Bangkok Airways Public Company Limited (BA) has a Working Capital to Net Assets ratio of 5.4% as of September 2025. Working capital of ฿754.63 Million (current assets of ฿11.14 Billion minus current liabilities of ฿10.39 Billion) is measured against net assets of ฿13.98 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check BA intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Bangkok Airways Public Company Limited (2011–2024)
Working capital to net assets ratio of Bangkok Airways Public Company Limited from 2011 to 2024. This chart shows how Bangkok Airways Public Company Limited's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 5.4%, reflecting working capital of ฿754.63 Million against net assets of ฿13.98 Billion THB. See Bangkok Airways Public Company Limited liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Bangkok Airways Public Company Limited Working Capital to Net Assets Ratio by Year (2011–2024)
Bangkok Airways Public Company Limited working capital to net assets ratio by year from 2011 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Bangkok Airways Public Company Limited from 2011 to 2024, covering 14 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 the complete balance sheet picture, see Bangkok Airways Public Company Limited assets under control.
| Year | WC/NA Ratio | Working Capital (THB) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 27.0% | ฿4.28 Billion | ฿15.86 Billion | ฿16.19 Billion | ฿11.91 Billion | ▼ -3.2 pp |
| 2023 | 30.2% | ฿5.11 Billion | ฿16.91 Billion | ฿16.07 Billion | ฿10.97 Billion | ▲ +81.6 pp |
| 2022 | -51.4% | ฿-8.62 Billion | ฿16.76 Billion | ฿8.61 Billion | ฿17.23 Billion | ▲ +105.8 pp |
| 2021 | -157.3% | ฿-20.70 Billion | ฿13.16 Billion | ฿3.11 Billion | ฿23.80 Billion | ▼ -119.4 pp |
| 2020 | -37.8% | ฿-7.42 Billion | ฿19.61 Billion | ฿3.26 Billion | ฿10.68 Billion | ▼ -49.0 pp |
| 2019 | 11.1% | ฿3.33 Billion | ฿30.00 Billion | ฿12.59 Billion | ฿9.26 Billion | ▲ +1.1 pp |
| 2018 | 10.0% | ฿3.09 Billion | ฿30.78 Billion | ฿11.43 Billion | ฿8.34 Billion | ▼ -11.3 pp |
| 2017 | 21.4% | ฿6.07 Billion | ฿28.39 Billion | ฿14.38 Billion | ฿8.32 Billion | ▼ -0.1 pp |
| 2016 | 21.5% | ฿6.86 Billion | ฿31.99 Billion | ฿14.19 Billion | ฿7.33 Billion | ▼ -8.5 pp |
| 2015 | 30.0% | ฿9.32 Billion | ฿31.10 Billion | ฿15.85 Billion | ฿6.53 Billion | ▼ -8.7 pp |
| 2014 | 38.6% | ฿9.83 Billion | ฿25.43 Billion | ฿16.56 Billion | ฿6.73 Billion | ▲ +64.8 pp |
| 2013 | -26.1% | ฿-1.88 Billion | ฿7.19 Billion | ฿5.71 Billion | ฿7.59 Billion | ▼ -30.6 pp |
| 2012 | 4.5% | ฿346.55 Million | ฿7.72 Billion | ฿7.84 Billion | ฿7.50 Billion | ▲ +64.5 pp |
| 2011 | -60.0% | ฿-2.39 Billion | ฿3.99 Billion | ฿3.95 Billion | ฿6.35 Billion | — |