IFS Capital (Thailand) Public Company Limited (IFS) — Working Capital to Net Assets Ratio
IFS Capital (Thailand) Public Company Limited (IFS) has a Working Capital to Net Assets ratio of 94.8% as of December 2025. Working capital of ฿1.75 Billion (current assets of ฿3.99 Billion minus current liabilities of ฿2.24 Billion) is measured against net assets of ฿1.85 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See IFS FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
IFS Capital (Thailand) Public Company Limited Working Capital to Net Assets (2008–2025)
This chart shows how IFS Capital (Thailand) Public Company Limited's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2008 to 2025. As of December 2025, the ratio stands at 94.8%, reflecting working capital of ฿1.75 Billion against net assets of ฿1.85 Billion THB. See defensive interval ratio of IFS Capital (Thailand) Public Company Li to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for IFS Capital (Thailand) Public Company Limited (2008–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for IFS Capital (Thailand) Public Company Limited from 2008 to 2025, covering 18 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 IFS market cap overview.
| Year | WC/NA Ratio | Working Capital (THB) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 94.8% | ฿1.75 Billion | ฿1.85 Billion | ฿3.99 Billion | ฿2.24 Billion | ▼ -3.1 pp |
| 2024 | 97.9% | ฿1.79 Billion | ฿1.83 Billion | ฿3.88 Billion | ฿2.09 Billion | ▲ +5.3 pp |
| 2023 | 92.6% | ฿1.64 Billion | ฿1.77 Billion | ฿3.63 Billion | ฿1.99 Billion | ▼ -4.5 pp |
| 2022 | 97.1% | ฿1.65 Billion | ฿1.69 Billion | ฿3.58 Billion | ฿1.94 Billion | ▼ -6.5 pp |
| 2021 | 103.5% | ฿1.67 Billion | ฿1.61 Billion | ฿3.76 Billion | ฿2.09 Billion | ▼ -0.7 pp |
| 2020 | 104.3% | ฿1.59 Billion | ฿1.53 Billion | ฿3.26 Billion | ฿1.66 Billion | ▲ +8.8 pp |
| 2019 | 95.5% | ฿1.44 Billion | ฿1.51 Billion | ฿3.89 Billion | ฿2.45 Billion | ▲ +4.5 pp |
| 2018 | 91.0% | ฿1.24 Billion | ฿1.36 Billion | ฿4.03 Billion | ฿2.79 Billion | ▲ +1.2 pp |
| 2017 | 89.8% | ฿1.14 Billion | ฿1.27 Billion | ฿3.84 Billion | ฿2.70 Billion | ▲ +8.5 pp |
| 2016 | 81.3% | ฿947.72 Million | ฿1.17 Billion | ฿3.41 Billion | ฿2.46 Billion | ▼ -5.3 pp |
| 2015 | 86.6% | ฿943.93 Million | ฿1.09 Billion | ฿3.17 Billion | ฿2.23 Billion | ▼ -19.3 pp |
| 2014 | 106.0% | ฿1.10 Billion | ฿1.04 Billion | ฿3.02 Billion | ฿1.92 Billion | ▲ +17.6 pp |
| 2013 | 88.4% | ฿853.07 Million | ฿964.78 Million | ฿3.32 Billion | ฿2.47 Billion | ▼ -2.2 pp |
| 2012 | 90.6% | ฿808.62 Million | ฿892.07 Million | ฿3.18 Billion | ฿2.37 Billion | ▲ +2.4 pp |
| 2011 | 88.3% | ฿730.23 Million | ฿827.31 Million | ฿1.96 Billion | ฿1.23 Billion | ▼ -9.0 pp |
| 2010 | 97.2% | ฿777.28 Million | ฿799.43 Million | ฿1.94 Billion | ฿1.16 Billion | ▲ +19.1 pp |
| 2009 | 78.1% | ฿445.30 Million | ฿569.81 Million | ฿1.96 Billion | ฿1.52 Billion | ▲ +21.3 pp |
| 2008 | 56.8% | ฿300.38 Million | ฿528.68 Million | ฿2.07 Billion | ฿1.77 Billion | — |