Gulf Energy Development Public Company Limited Working Capital to Net Assets Ratio
Gulf Energy Development Public Company Limited working capital to net assets ratio. Gulf Energy Development Public Company Limited (GULF) has a Working Capital to Net Assets ratio of 1.1% as of June 2026. Working capital of ฿3.93 Billion (current assets of ฿120.80 Billion minus current liabilities of ฿116.87 Billion) is measured against net assets of ฿347.60 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check GULF 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 Gulf Energy Development Public Company Limited (2014–2025)
Working capital to net assets ratio of Gulf Energy Development Public Company Limited from 2014 to 2025. This chart shows how Gulf Energy Development Public Company Limited's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2014 to 2025. As of June 2026, the ratio stands at 1.1%, reflecting working capital of ฿3.93 Billion against net assets of ฿347.60 Billion THB. See operational self-sufficiency of Gulf Energy Development Public Company L to measure how many days the company can operate on defensive assets alone.
Gulf Energy Development Public Company Limited Working Capital to Net Assets Ratio by Year (2014–2025)
Gulf Energy Development Public Company Limited working capital to net assets ratio by year from 2014 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Gulf Energy Development Public Company Limited from 2014 to 2025, covering 12 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 Gulf Energy Development Public Company L asset portfolio.
| Year | WC/NA Ratio | Working Capital (THB) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 0.8% | ฿2.89 Billion | ฿365.90 Billion | ฿98.76 Billion | ฿95.87 Billion | ▲ +0.9 pp |
| 2024 | -0.1% | ฿-163.39 Million | ฿153.84 Billion | ฿71.45 Billion | ฿71.61 Billion | ▼ -5.0 pp |
| 2023 | 4.9% | ฿7.06 Billion | ฿144.10 Billion | ฿72.69 Billion | ฿65.62 Billion | ▼ -8.6 pp |
| 2022 | 13.5% | ฿18.38 Billion | ฿135.80 Billion | ฿70.25 Billion | ฿51.87 Billion | ▲ +10.0 pp |
| 2021 | 3.5% | ฿3.79 Billion | ฿107.51 Billion | ฿38.81 Billion | ฿35.02 Billion | ▲ +2.5 pp |
| 2020 | 1.0% | ฿711.74 Million | ฿72.08 Billion | ฿30.35 Billion | ฿29.64 Billion | ▼ -24.7 pp |
| 2019 | 25.7% | ฿12.61 Billion | ฿49.04 Billion | ฿22.42 Billion | ฿9.81 Billion | ▲ +9.1 pp |
| 2018 | 16.7% | ฿7.46 Billion | ฿44.79 Billion | ฿25.87 Billion | ฿18.41 Billion | ▼ -28.8 pp |
| 2017 | 45.5% | ฿17.90 Billion | ฿39.35 Billion | ฿24.94 Billion | ฿7.05 Billion | ▲ +248.5 pp |
| 2016 | -203.0% | ฿-7.68 Billion | ฿3.78 Billion | ฿4.33 Billion | ฿12.01 Billion | ▼ -65.2 pp |
| 2015 | -137.8% | ฿-3.44 Billion | ฿2.49 Billion | ฿2.21 Billion | ฿5.65 Billion | ▼ -156.9 pp |
| 2014 | 19.1% | ฿698.50 Million | ฿3.66 Billion | ฿1.62 Billion | ฿920.10 Million | — |