Forth Corporation Public Company Limited Working Capital to Net Assets Ratio
Forth Corporation Public Company Limited 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. Check Forth Corporation Public Company Limited tangible net worth 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 Forth Corporation Public Company Limited (2006–2024)
Working capital to net assets ratio of Forth Corporation Public Company Limited from 2006 to 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 Corporation Public Company Limited defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Forth Corporation Public Company Limited Working Capital to Net Assets Ratio by Year (2006–2024)
Forth Corporation Public Company Limited working capital to net assets ratio by year from 2006 to 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 the complete balance sheet picture, see Forth Corporation Public Company Limited balance sheet assets.
| 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 | — |