Millcon Steel Public Company Limited Working Capital to Net Assets Ratio
Millcon Steel Public Company Limited working capital to net assets ratio. Millcon Steel Public Company Limited (MILL) has a Working Capital to Net Assets ratio of -2684.1% as of September 2025. Working capital of ฿-10.46 Billion (current assets of ฿4.17 Billion minus current liabilities of ฿14.63 Billion) is measured against net assets of ฿389.52 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check how tangible is Millcon Steel Public Company Limited's equity 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 Millcon Steel Public Company Limited (2006–2024)
Working capital to net assets ratio of Millcon Steel Public Company Limited from 2006 to 2024. This chart shows how Millcon Steel Public Company Limited's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2006 to 2024. As of September 2025, the ratio stands at -2684.1%, reflecting working capital of ฿-10.46 Billion against net assets of ฿389.52 Million THB. See how many days can Millcon Steel Public Company Limited fund operations to measure how many days the company can operate on defensive assets alone.
Millcon Steel Public Company Limited Working Capital to Net Assets Ratio by Year (2006–2024)
Millcon Steel Public Company Limited working capital to net assets ratio by year from 2006 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Millcon Steel Public Company Limited from 2006 to 2024, covering 19 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 Millcon Steel Public Company Limited balance sheet assets.
| Year | WC/NA Ratio | Working Capital (THB) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -1159.0% | ฿-10.10 Billion | ฿871.28 Million | ฿3.82 Billion | ฿13.91 Billion | ▼ -1091.3 pp |
| 2023 | -67.7% | ฿-4.62 Billion | ฿6.82 Billion | ฿9.12 Billion | ฿13.74 Billion | ▼ -22.6 pp |
| 2022 | -45.2% | ฿-3.18 Billion | ฿7.05 Billion | ฿8.93 Billion | ฿12.11 Billion | ▲ +18.3 pp |
| 2021 | -63.5% | ฿-4.03 Billion | ฿6.34 Billion | ฿7.67 Billion | ฿11.69 Billion | ▲ +7.8 pp |
| 2020 | -71.3% | ฿-4.27 Billion | ฿5.99 Billion | ฿7.45 Billion | ฿11.72 Billion | ▲ +0.4 pp |
| 2019 | -71.8% | ฿-4.12 Billion | ฿5.74 Billion | ฿7.82 Billion | ฿11.94 Billion | ▲ +29.1 pp |
| 2018 | -100.9% | ฿-5.36 Billion | ฿5.32 Billion | ฿9.46 Billion | ฿14.82 Billion | ▼ -62.1 pp |
| 2017 | -38.7% | ฿-2.29 Billion | ฿5.93 Billion | ฿7.34 Billion | ฿9.63 Billion | ▲ +30.0 pp |
| 2016 | -68.7% | ฿-4.00 Billion | ฿5.82 Billion | ฿7.40 Billion | ฿11.40 Billion | ▲ +7.8 pp |
| 2015 | -76.5% | ฿-4.48 Billion | ฿5.86 Billion | ฿7.84 Billion | ฿12.33 Billion | ▼ -5.6 pp |
| 2014 | -70.9% | ฿-3.19 Billion | ฿4.50 Billion | ฿8.65 Billion | ฿11.84 Billion | ▲ +32.3 pp |
| 2013 | -103.2% | ฿-3.63 Billion | ฿3.51 Billion | ฿6.52 Billion | ฿10.14 Billion | ▼ -0.6 pp |
| 2012 | -102.7% | ฿-3.43 Billion | ฿3.34 Billion | ฿7.05 Billion | ฿10.48 Billion | ▼ -62.6 pp |
| 2011 | -40.0% | ฿-1.29 Billion | ฿3.21 Billion | ฿5.89 Billion | ฿7.18 Billion | ▼ -46.8 pp |
| 2010 | 6.7% | ฿232.26 Million | ฿3.45 Billion | ฿4.97 Billion | ฿4.74 Billion | ▼ -8.2 pp |
| 2009 | 14.9% | ฿357.10 Million | ฿2.39 Billion | ฿4.65 Billion | ฿4.29 Billion | ▲ +9.7 pp |
| 2008 | 5.3% | ฿115.92 Million | ฿2.20 Billion | ฿4.05 Billion | ฿3.94 Billion | ▼ -17.0 pp |
| 2007 | 22.2% | ฿153.35 Million | ฿690.23 Million | ฿1.28 Billion | ฿1.13 Billion | ▲ +57.8 pp |
| 2006 | -35.5% | ฿-101.55 Million | ฿285.75 Million | ฿614.92 Million | ฿716.47 Million | — |