Country Group Development Public Company Limited (CGD) — Working Capital to Net Assets Ratio
Country Group Development Public Company Limited (CGD) has a Working Capital to Net Assets ratio of -45.5% as of September 2025. Working capital of ฿-1.84 Billion (current assets of ฿7.49 Billion minus current liabilities of ฿9.33 Billion) is measured against net assets of ฿4.05 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See CGD net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Country Group Development Public Company Limited Working Capital to Net Assets (2006–2024)
This chart shows how Country Group Development Public Company Limited's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2006 to 2024. As of September 2025, the ratio stands at -45.5%, reflecting working capital of ฿-1.84 Billion against net assets of ฿4.05 Billion THB. Check how tangible is Country Group Development Public Company's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Country Group Development Public Company Limited (2006–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Country Group Development Public Company Limited from 2006 to 2024, covering 19 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 Country Group Development Public Company market cap and net worth.
| Year | WC/NA Ratio | Working Capital (THB) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -83.6% | ฿-3.72 Billion | ฿4.45 Billion | ฿6.34 Billion | ฿10.06 Billion | ▼ -26.7 pp |
| 2023 | -57.0% | ฿-2.62 Billion | ฿4.61 Billion | ฿7.98 Billion | ฿10.60 Billion | ▼ -11.6 pp |
| 2022 | -45.4% | ฿-1.94 Billion | ฿4.28 Billion | ฿8.94 Billion | ฿10.89 Billion | ▲ +62.4 pp |
| 2021 | -107.8% | ฿-4.36 Billion | ฿4.05 Billion | ฿12.05 Billion | ฿16.42 Billion | ▲ +6.9 pp |
| 2020 | -114.6% | ฿-5.32 Billion | ฿4.64 Billion | ฿10.88 Billion | ฿16.20 Billion | ▲ +117.1 pp |
| 2019 | -231.7% | ฿-11.69 Billion | ฿5.04 Billion | ฿11.25 Billion | ฿22.93 Billion | ▼ -315.2 pp |
| 2018 | 83.4% | ฿4.36 Billion | ฿5.23 Billion | ฿9.39 Billion | ฿5.03 Billion | ▲ +80.3 pp |
| 2017 | 3.1% | ฿185.51 Million | ฿5.91 Billion | ฿5.41 Billion | ฿5.22 Billion | ▼ -21.8 pp |
| 2016 | 24.9% | ฿1.49 Billion | ฿5.97 Billion | ฿4.73 Billion | ฿3.24 Billion | ▲ +1.1 pp |
| 2015 | 23.8% | ฿1.41 Billion | ฿5.92 Billion | ฿4.47 Billion | ฿3.06 Billion | ▼ -2.7 pp |
| 2014 | 26.5% | ฿1.33 Billion | ฿5.01 Billion | ฿2.15 Billion | ฿825.66 Million | ▲ +5.6 pp |
| 2013 | 20.9% | ฿923.84 Million | ฿4.42 Billion | ฿1.57 Billion | ฿641.58 Million | ▼ -85.2 pp |
| 2012 | 106.2% | ฿542.18 Million | ฿510.69 Million | ฿782.88 Million | ฿240.70 Million | ▼ -1.1 pp |
| 2011 | 107.3% | ฿550.14 Million | ฿512.73 Million | ฿698.80 Million | ฿148.66 Million | ▼ -0.4 pp |
| 2010 | 107.7% | ฿636.73 Million | ฿591.12 Million | ฿705.08 Million | ฿68.35 Million | ▲ +102.4 pp |
| 2009 | 5.3% | ฿13.15 Million | ฿249.16 Million | ฿162.52 Million | ฿149.37 Million | ▼ -27.8 pp |
| 2008 | 33.0% | ฿77.23 Million | ฿233.77 Million | ฿187.23 Million | ฿110.00 Million | ▲ +4.4 pp |
| 2007 | 28.7% | ฿63.30 Million | ฿220.88 Million | ฿201.99 Million | ฿138.69 Million | ▲ +3.4 pp |
| 2006 | 25.2% | ฿77.68 Million | ฿307.73 Million | ฿176.57 Million | ฿98.89 Million | — |