BTS Group Holdings Public Company Limited (BTS) — Working Capital to Net Assets Ratio
BTS Group Holdings Public Company Limited (BTS) has a Working Capital to Net Assets ratio of 13.5% as of March 2026. Working capital of ฿13.54 Billion (current assets of ฿69.31 Billion minus current liabilities of ฿55.77 Billion) is measured against net assets of ฿100.10 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See operational self-sufficiency of BTS Group Holdings Public Company Limite to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
BTS Group Holdings Public Company Limited Working Capital to Net Assets (2005–2026)
This chart shows how BTS Group Holdings Public Company Limited's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2005 to 2026. As of March 2026, the ratio stands at 13.5%, reflecting working capital of ฿13.54 Billion against net assets of ฿100.10 Billion THB. For the complete balance sheet picture, see BTS total assets.
Annual Working Capital to Net Assets for BTS Group Holdings Public Company Limited (2005–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for BTS Group Holdings Public Company Limited from 2005 to 2026, covering 22 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 BTS financial resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (THB) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 13.5% | ฿13.54 Billion | ฿100.10 Billion | ฿69.31 Billion | ฿55.77 Billion | ▼ -1.4 pp |
| 2025 | 14.9% | ฿15.75 Billion | ฿105.76 Billion | ฿53.62 Billion | ฿37.87 Billion | ▲ +21.0 pp |
| 2024 | -6.1% | ฿-4.05 Billion | ฿66.39 Billion | ฿47.71 Billion | ฿51.75 Billion | ▲ +16.2 pp |
| 2023 | -22.3% | ฿-18.13 Billion | ฿81.32 Billion | ฿22.71 Billion | ฿40.84 Billion | ▲ +6.0 pp |
| 2022 | -28.3% | ฿-24.37 Billion | ฿86.13 Billion | ฿23.15 Billion | ฿47.52 Billion | ▼ -4.5 pp |
| 2021 | -23.8% | ฿-18.10 Billion | ฿76.04 Billion | ฿14.16 Billion | ฿32.26 Billion | ▼ -8.2 pp |
| 2020 | -15.6% | ฿-10.52 Billion | ฿67.25 Billion | ฿22.40 Billion | ฿32.91 Billion | ▲ +24.0 pp |
| 2019 | -39.6% | ฿-20.67 Billion | ฿52.15 Billion | ฿21.13 Billion | ฿41.79 Billion | ▼ -36.1 pp |
| 2018 | -3.5% | ฿-1.61 Billion | ฿46.36 Billion | ฿21.31 Billion | ฿22.92 Billion | ▼ -21.3 pp |
| 2017 | 17.9% | ฿8.07 Billion | ฿45.18 Billion | ฿26.70 Billion | ฿18.64 Billion | ▲ +22.5 pp |
| 2016 | -4.6% | ฿-2.17 Billion | ฿46.92 Billion | ฿10.29 Billion | ฿12.46 Billion | ▼ -41.6 pp |
| 2015 | 36.9% | ฿19.21 Billion | ฿52.01 Billion | ฿26.00 Billion | ฿6.80 Billion | ▼ -10.9 pp |
| 2014 | 47.9% | ฿28.60 Billion | ฿59.76 Billion | ฿37.23 Billion | ฿8.63 Billion | ▼ -37.5 pp |
| 2013 | 85.4% | ฿43.21 Billion | ฿50.60 Billion | ฿52.23 Billion | ฿9.02 Billion | ▲ +86.7 pp |
| 2012 | -1.3% | ฿-470.34 Million | ฿36.93 Billion | ฿7.87 Billion | ฿8.34 Billion | ▼ -8.2 pp |
| 2011 | 7.0% | ฿2.63 Billion | ฿37.86 Billion | ฿6.29 Billion | ฿3.66 Billion | ▲ +24.1 pp |
| 2010 | -17.1% | ฿-511.37 Million | ฿2.99 Billion | ฿2.27 Billion | ฿2.78 Billion | ▲ +3.5 pp |
| 2009 | -20.6% | ฿-758.76 Million | ฿3.68 Billion | ฿2.05 Billion | ฿2.81 Billion | ▼ -9.1 pp |
| 2008 | -11.5% | ฿-421.67 Million | ฿3.66 Billion | ฿1.97 Billion | ฿2.40 Billion | ▲ +47.3 pp |
| 2007 | -58.9% | ฿-1.14 Billion | ฿1.94 Billion | ฿3.09 Billion | ฿4.23 Billion | ▼ -166.8 pp |
| 2006 | 107.9% | ฿-30.79 Billion | ฿-28.53 Billion | ฿4.64 Billion | ฿35.43 Billion | ▼ -94.5 pp |
| 2005 | 202.4% | ฿-49.94 Billion | ฿-24.67 Billion | ฿4.29 Billion | ฿54.23 Billion | — |