Global Connections Public Company Limited (GC) — Working Capital to Net Assets Ratio

Latest as of September 2025: 63.9%

Global Connections Public Company Limited (GC) has a Working Capital to Net Assets ratio of 63.9% as of September 2025. Working capital of ฿397.12 Million (current assets of ฿1.72 Billion minus current liabilities of ฿1.32 Billion) is measured against net assets of ฿621.20 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See GC net asset quality score to measure how much of total assets are equity-financed.

WC/NA Ratio

63.9%
Working Capital / Net Assets

Working Capital

฿397.12 Million
THB

Current Assets

฿1.72 Billion
THB

Current Liabilities

฿1.32 Billion
THB

Global Connections Public Company Limited Working Capital to Net Assets (2005–2024)

This chart shows how Global Connections Public Company Limited's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2005 to 2024. As of September 2025, the ratio stands at 63.9%, reflecting working capital of ฿397.12 Million against net assets of ฿621.20 Million THB. Check Global Connections Public Company Limite tangible equity quality to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for Global Connections Public Company Limited (2005–2024)

The table below presents the year-by-year Working Capital to Net Assets ratio for Global Connections Public Company Limited from 2005 to 2024, covering 20 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 GC market cap overview.

Year WC/NA Ratio Working Capital (THB) Net Assets Current Assets Current Liabilities Change (pp)
2024 64.7% ฿412.94 Million ฿638.72 Million ฿1.77 Billion ฿1.36 Billion ▲ +0.6 pp
2023 64.1% ฿388.48 Million ฿606.41 Million ฿1.61 Billion ฿1.22 Billion ▲ +3.9 pp
2022 60.2% ฿346.16 Million ฿575.25 Million ฿1.59 Billion ฿1.25 Billion ▲ +3.1 pp
2021 57.1% ฿314.10 Million ฿549.88 Million ฿1.56 Billion ฿1.24 Billion ▲ +4.5 pp
2020 52.6% ฿274.36 Million ฿521.76 Million ฿1.19 Billion ฿918.05 Million ▼ -21.9 pp
2019 74.5% ฿355.87 Million ฿477.72 Million ฿1.05 Billion ฿698.01 Million ▼ -2.3 pp
2018 76.8% ฿346.13 Million ฿450.93 Million ฿1.15 Billion ฿807.75 Million ▲ +1.3 pp
2017 75.4% ฿335.45 Million ฿444.68 Million ฿1.12 Billion ฿783.96 Million ▲ +2.6 pp
2016 72.9% ฿314.24 Million ฿431.15 Million ฿1.23 Billion ฿914.14 Million ▼ -0.5 pp
2015 73.4% ฿309.65 Million ฿422.10 Million ฿1.25 Billion ฿936.17 Million ▲ +2.9 pp
2014 70.4% ฿273.76 Million ฿388.80 Million ฿1.04 Billion ฿766.60 Million ▲ +1.0 pp
2013 69.4% ฿277.01 Million ฿399.19 Million ฿1.15 Billion ฿869.98 Million ▲ +1.4 pp
2012 68.0% ฿271.53 Million ฿399.48 Million ฿982.94 Million ฿711.41 Million ▲ +0.1 pp
2011 67.8% ฿263.14 Million ฿387.83 Million ฿970.04 Million ฿706.90 Million ▲ +2.8 pp
2010 65.0% ฿272.79 Million ฿419.42 Million ฿866.15 Million ฿593.36 Million ▲ +2.5 pp
2009 62.6% ฿247.22 Million ฿395.14 Million ฿676.33 Million ฿429.11 Million ▲ +6.4 pp
2008 56.1% ฿196.99 Million ฿350.85 Million ฿610.02 Million ฿413.03 Million ▼ -2.2 pp
2007 58.4% ฿213.83 Million ฿366.31 Million ฿784.19 Million ฿570.35 Million ▼ -10.6 pp
2006 69.0% ฿217.84 Million ฿315.83 Million ฿691.27 Million ฿473.43 Million ▲ +22.0 pp
2005 47.0% ฿139.56 Million ฿297.20 Million ฿644.25 Million ฿504.70 Million
pp = percentage points