M.C.S. Steel Public Company Limited (MCS) — Working Capital to Net Assets Ratio
M.C.S. Steel Public Company Limited (MCS) has a Working Capital to Net Assets ratio of 67.1% as of September 2025. Working capital of ฿2.77 Billion (current assets of ฿4.15 Billion minus current liabilities of ฿1.38 Billion) is measured against net assets of ฿4.13 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can M.C.S. Steel Public Company Limited fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
M.C.S. Steel Public Company Limited Working Capital to Net Assets (2004–2024)
This chart shows how M.C.S. Steel Public Company Limited's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2004 to 2024. As of September 2025, the ratio stands at 67.1%, reflecting working capital of ฿2.77 Billion against net assets of ฿4.13 Billion THB. For the complete balance sheet picture, see how large is M.C.S. Steel Public Company Limited's balance sheet.
Annual Working Capital to Net Assets for M.C.S. Steel Public Company Limited (2004–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for M.C.S. Steel Public Company Limited from 2004 to 2024, 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. Check M.C.S. Steel Public Company Limited (MCS) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (THB) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 69.0% | ฿2.59 Billion | ฿3.76 Billion | ฿4.52 Billion | ฿1.93 Billion | ▲ +11.3 pp |
| 2023 | 57.7% | ฿2.17 Billion | ฿3.76 Billion | ฿3.58 Billion | ฿1.41 Billion | ▲ +1.3 pp |
| 2022 | 56.3% | ฿2.22 Billion | ฿3.94 Billion | ฿4.96 Billion | ฿2.74 Billion | ▼ -6.3 pp |
| 2021 | 62.6% | ฿2.89 Billion | ฿4.62 Billion | ฿4.35 Billion | ฿1.46 Billion | ▲ +7.8 pp |
| 2020 | 54.8% | ฿2.07 Billion | ฿3.78 Billion | ฿4.17 Billion | ฿2.09 Billion | ▲ +0.3 pp |
| 2019 | 54.5% | ฿1.67 Billion | ฿3.06 Billion | ฿3.57 Billion | ฿1.90 Billion | ▲ +2.3 pp |
| 2018 | 52.2% | ฿1.55 Billion | ฿2.97 Billion | ฿2.43 Billion | ฿875.53 Million | ▼ -5.5 pp |
| 2017 | 57.7% | ฿1.47 Billion | ฿2.55 Billion | ฿2.54 Billion | ฿1.07 Billion | ▼ -3.0 pp |
| 2016 | 60.7% | ฿1.72 Billion | ฿2.84 Billion | ฿2.61 Billion | ฿881.53 Million | ▲ +4.4 pp |
| 2015 | 56.2% | ฿1.33 Billion | ฿2.37 Billion | ฿2.68 Billion | ฿1.35 Billion | ▼ -14.9 pp |
| 2014 | 71.1% | ฿1.47 Billion | ฿2.07 Billion | ฿1.99 Billion | ฿516.89 Million | ▼ -11.8 pp |
| 2013 | 82.9% | ฿2.05 Billion | ฿2.47 Billion | ฿2.46 Billion | ฿413.63 Million | ▲ +15.5 pp |
| 2012 | 67.4% | ฿1.67 Billion | ฿2.47 Billion | ฿2.78 Billion | ฿1.12 Billion | ▲ +2.9 pp |
| 2011 | 64.5% | ฿1.51 Billion | ฿2.34 Billion | ฿2.66 Billion | ฿1.15 Billion | ▲ +0.3 pp |
| 2010 | 64.2% | ฿1.44 Billion | ฿2.25 Billion | ฿2.84 Billion | ฿1.40 Billion | ▲ +8.0 pp |
| 2009 | 56.2% | ฿1.08 Billion | ฿1.92 Billion | ฿2.54 Billion | ฿1.46 Billion | ▲ +23.2 pp |
| 2008 | 33.0% | ฿508.66 Million | ฿1.54 Billion | ฿2.01 Billion | ฿1.50 Billion | ▲ +6.5 pp |
| 2007 | 26.5% | ฿354.41 Million | ฿1.34 Billion | ฿1.42 Billion | ฿1.06 Billion | ▼ -4.3 pp |
| 2006 | 30.8% | ฿362.40 Million | ฿1.18 Billion | ฿1.28 Billion | ฿918.65 Million | ▼ -5.1 pp |
| 2005 | 35.9% | ฿373.97 Million | ฿1.04 Billion | ฿1.52 Billion | ฿1.15 Billion | ▲ +45.0 pp |
| 2004 | -9.1% | ฿-55.73 Million | ฿614.09 Million | ฿612.55 Million | ฿668.28 Million | — |