Forth Corporation Public Company Limited (FORTH) — Working Capital to Net Assets Ratio
Forth Corporation Public Company Limited (FORTH) has a Working Capital to Net Assets ratio of -45.2% as of December 2024. Working capital of ฿-1.45 Billion (current assets of ฿6.36 Billion minus current liabilities of ฿7.81 Billion) is measured against net assets of ฿3.21 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Forth Corporation Public Company Limited leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Forth Corporation Public Company Limited Working Capital to Net Assets (2006–2024)
This chart shows how Forth Corporation Public Company Limited's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2006 to 2024. As of December 2024, the ratio stands at -45.2%, reflecting working capital of ฿-1.45 Billion against net assets of ฿3.21 Billion THB. See FORTH cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Forth Corporation Public Company Limited (2006–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Forth Corporation 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 Forth Corporation Public Company Limited market cap and net worth.
| Year | WC/NA Ratio | Working Capital (THB) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -45.2% | ฿-1.45 Billion | ฿3.21 Billion | ฿6.36 Billion | ฿7.81 Billion | ▼ -20.9 pp |
| 2023 | -24.4% | ฿-799.80 Million | ฿3.28 Billion | ฿5.48 Billion | ฿6.28 Billion | ▼ -4.9 pp |
| 2022 | -19.5% | ฿-635.02 Million | ฿3.26 Billion | ฿6.76 Billion | ฿7.39 Billion | ▼ -23.3 pp |
| 2021 | 3.8% | ฿99.62 Million | ฿2.62 Billion | ฿5.81 Billion | ฿5.71 Billion | ▲ +40.9 pp |
| 2020 | -37.1% | ฿-827.11 Million | ฿2.23 Billion | ฿4.31 Billion | ฿5.14 Billion | ▼ -4.2 pp |
| 2019 | -32.9% | ฿-804.66 Million | ฿2.45 Billion | ฿4.12 Billion | ฿4.92 Billion | ▼ -9.2 pp |
| 2018 | -23.6% | ฿-592.73 Million | ฿2.51 Billion | ฿5.31 Billion | ฿5.90 Billion | ▼ -11.9 pp |
| 2017 | -11.7% | ฿-319.34 Million | ฿2.72 Billion | ฿4.49 Billion | ฿4.81 Billion | ▼ -21.6 pp |
| 2016 | 9.9% | ฿259.52 Million | ฿2.63 Billion | ฿3.93 Billion | ฿3.67 Billion | ▼ -15.1 pp |
| 2015 | 25.0% | ฿626.32 Million | ฿2.51 Billion | ฿3.81 Billion | ฿3.18 Billion | ▼ -14.5 pp |
| 2014 | 39.5% | ฿907.17 Million | ฿2.30 Billion | ฿4.58 Billion | ฿3.67 Billion | ▼ -1.3 pp |
| 2013 | 40.8% | ฿692.54 Million | ฿1.70 Billion | ฿3.39 Billion | ฿2.70 Billion | ▼ -2.2 pp |
| 2012 | 43.0% | ฿625.39 Million | ฿1.45 Billion | ฿3.49 Billion | ฿2.86 Billion | ▼ -1.8 pp |
| 2011 | 44.8% | ฿640.44 Million | ฿1.43 Billion | ฿4.60 Billion | ฿3.96 Billion | ▼ -0.4 pp |
| 2010 | 45.2% | ฿597.70 Million | ฿1.32 Billion | ฿5.56 Billion | ฿4.96 Billion | ▲ +11.3 pp |
| 2009 | 33.9% | ฿382.94 Million | ฿1.13 Billion | ฿4.61 Billion | ฿4.23 Billion | ▼ -0.5 pp |
| 2008 | 34.3% | ฿359.83 Million | ฿1.05 Billion | ฿3.43 Billion | ฿3.07 Billion | ▼ -0.4 pp |
| 2007 | 34.7% | ฿413.77 Million | ฿1.19 Billion | ฿2.88 Billion | ฿2.46 Billion | ▲ +6.5 pp |
| 2006 | 28.2% | ฿318.68 Million | ฿1.13 Billion | ฿1.38 Billion | ฿1.07 Billion | — |