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 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
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. For the complete balance sheet picture, see how large is Country Group Development Public Company's balance sheet.
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. Check asset resilience ratio of Country Group Development Public Company to evaluate the company's liquid asset resilience ratio.
| 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 | — |