International Research Corporation Public Company Limited Working Capital to Net Assets Ratio
International Research Corporation Public Company Limited working capital to net assets ratio. International Research Corporation Public Company Limited (IRCP) has a Working Capital to Net Assets ratio of 71.2% as of June 2026. Working capital of ฿312.17 Million (current assets of ฿911.99 Million minus current liabilities of ฿599.82 Million) is measured against net assets of ฿438.50 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check IRCP tangible net assets 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 International Research Corporation Public Company Limited (2003–2025)
Working capital to net assets ratio of International Research Corporation Public Company Limited from 2003 to 2025. This chart shows how International Research Corporation Public Company Limited's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2003 to 2025. As of June 2026, the ratio stands at 71.2%, reflecting working capital of ฿312.17 Million against net assets of ฿438.50 Million THB. See International Research Corporation Publi liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
International Research Corporation Public Company Limited Working Capital to Net Assets Ratio by Year (2003–2025)
International Research Corporation Public Company Limited working capital to net assets ratio by year from 2003 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for International Research Corporation Public Company Limited from 2003 to 2025, covering 21 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 IRCP current and non-current assets.
| Year | WC/NA Ratio | Working Capital (THB) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 68.7% | ฿301.10 Million | ฿438.10 Million | ฿849.52 Million | ฿548.42 Million | ▼ -4.1 pp |
| 2024 | 72.8% | ฿443.38 Million | ฿608.71 Million | ฿919.56 Million | ฿476.19 Million | ▲ +6.4 pp |
| 2023 | 66.5% | ฿402.87 Million | ฿606.10 Million | ฿995.54 Million | ฿592.67 Million | ▲ +9.4 pp |
| 2022 | 57.1% | ฿303.59 Million | ฿532.09 Million | ฿763.08 Million | ฿459.49 Million | ▲ +48.9 pp |
| 2021 | 8.2% | ฿25.92 Million | ฿317.90 Million | ฿490.03 Million | ฿464.12 Million | ▲ +129.4 pp |
| 2020 | -121.3% | ฿-204.71 Million | ฿168.83 Million | ฿545.94 Million | ฿750.65 Million | ▲ +6.9 pp |
| 2019 | -128.1% | ฿-245.36 Million | ฿191.47 Million | ฿626.96 Million | ฿872.32 Million | ▼ -68.5 pp |
| 2018 | -59.6% | ฿-173.17 Million | ฿290.43 Million | ฿717.23 Million | ฿890.40 Million | ▼ -120.2 pp |
| 2017 | 60.6% | ฿215.12 Million | ฿355.04 Million | ฿857.36 Million | ฿642.24 Million | ▼ -15.3 pp |
| 2016 | 75.9% | ฿273.47 Million | ฿360.33 Million | ฿927.84 Million | ฿654.38 Million | ▼ -3.8 pp |
| 2015 | 79.7% | ฿390.71 Million | ฿489.97 Million | ฿974.22 Million | ฿583.51 Million | ▼ -2.4 pp |
| 2014 | 82.1% | ฿402.08 Million | ฿489.44 Million | ฿1.21 Billion | ฿808.71 Million | ▲ +15.7 pp |
| 2013 | 66.4% | ฿265.43 Million | ฿399.50 Million | ฿734.52 Million | ฿469.09 Million | ▼ -3.5 pp |
| 2012 | 70.0% | ฿240.01 Million | ฿343.09 Million | ฿583.95 Million | ฿343.94 Million | ▲ +8.0 pp |
| 2011 | 62.0% | ฿200.74 Million | ฿324.04 Million | ฿606.66 Million | ฿405.92 Million | ▲ +25.6 pp |
| 2010 | 36.3% | ฿108.39 Million | ฿298.36 Million | ฿854.66 Million | ฿746.27 Million | ▲ +39.5 pp |
| 2009 | -3.1% | ฿-5.70 Million | ฿181.02 Million | ฿527.13 Million | ฿532.83 Million | ▲ +14.5 pp |
| 2008 | -17.7% | ฿-30.07 Million | ฿170.03 Million | ฿592.06 Million | ฿622.13 Million | ▼ -29.2 pp |
| 2007 | 11.5% | ฿29.12 Million | ฿253.38 Million | ฿805.14 Million | ฿776.02 Million | ▼ -44.9 pp |
| 2004 | 56.4% | ฿158.41 Million | ฿280.92 Million | ฿264.04 Million | ฿105.63 Million | ▲ +3.4 pp |
| 2003 | 53.0% | ฿117.51 Million | ฿221.59 Million | ฿306.33 Million | ฿188.82 Million | — |