Harn Engineering Solutions Public Company Limited (HARN) — Working Capital to Net Assets Ratio
Harn Engineering Solutions Public Company Limited (HARN) has a Working Capital to Net Assets ratio of 60.0% as of March 2026. Working capital of ฿852.79 Million (current assets of ฿1.11 Billion minus current liabilities of ฿257.36 Million) is measured against net assets of ฿1.42 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Harn Engineering Solutions Public Compan 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
Harn Engineering Solutions Public Company Limited Working Capital to Net Assets (2012–2025)
This chart shows how Harn Engineering Solutions Public Company Limited's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2012 to 2025. As of March 2026, the ratio stands at 60.0%, reflecting working capital of ฿852.79 Million against net assets of ฿1.42 Billion THB. See Harn Engineering Solutions Public Compan liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Harn Engineering Solutions Public Company Limited (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Harn Engineering Solutions Public Company Limited from 2012 to 2025, covering 14 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 market cap of Harn Engineering Solutions Public Compan.
| Year | WC/NA Ratio | Working Capital (THB) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 59.7% | ฿828.82 Million | ฿1.39 Billion | ฿1.08 Billion | ฿251.08 Million | ▲ +0.6 pp |
| 2024 | 59.1% | ฿814.51 Million | ฿1.38 Billion | ฿1.07 Billion | ฿256.99 Million | ▲ +4.0 pp |
| 2023 | 55.1% | ฿762.53 Million | ฿1.38 Billion | ฿1.00 Billion | ฿239.77 Million | ▲ +3.0 pp |
| 2022 | 52.1% | ฿702.89 Million | ฿1.35 Billion | ฿1.00 Billion | ฿298.64 Million | ▲ +2.7 pp |
| 2021 | 49.4% | ฿651.98 Million | ฿1.32 Billion | ฿877.70 Million | ฿225.72 Million | ▲ +0.6 pp |
| 2020 | 48.9% | ฿643.99 Million | ฿1.32 Billion | ฿835.07 Million | ฿191.07 Million | ▼ -1.5 pp |
| 2019 | 50.4% | ฿666.27 Million | ฿1.32 Billion | ฿889.86 Million | ฿223.59 Million | ▲ +4.9 pp |
| 2018 | 45.5% | ฿576.51 Million | ฿1.27 Billion | ฿809.41 Million | ฿232.90 Million | ▼ -6.5 pp |
| 2017 | 51.9% | ฿630.99 Million | ฿1.21 Billion | ฿828.75 Million | ฿197.77 Million | ▼ -5.5 pp |
| 2016 | 57.5% | ฿653.59 Million | ฿1.14 Billion | ฿847.84 Million | ฿194.25 Million | ▼ -38.6 pp |
| 2015 | 96.0% | ฿433.92 Million | ฿451.80 Million | ฿535.61 Million | ฿101.70 Million | ▼ -1.0 pp |
| 2014 | 97.1% | ฿447.08 Million | ฿460.53 Million | ฿547.81 Million | ฿100.73 Million | ▲ +0.2 pp |
| 2013 | 96.9% | ฿170.26 Million | ฿175.71 Million | ฿270.88 Million | ฿100.62 Million | ▲ +1.6 pp |
| 2012 | 95.3% | ฿137.56 Million | ฿144.32 Million | ฿235.28 Million | ฿97.72 Million | — |