Major Development Public Company Limited Working Capital to Net Assets Ratio
Major Development Public Company Limited working capital to net assets ratio. Major Development Public Company Limited (MJD) has a Working Capital to Net Assets ratio of 282.4% as of March 2026. Working capital of ฿6.20 Billion (current assets of ฿10.69 Billion minus current liabilities of ฿4.49 Billion) is measured against net assets of ฿2.19 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check MJD 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 Major Development Public Company Limited (2007–2025)
Working capital to net assets ratio of Major Development Public Company Limited from 2007 to 2025. This chart shows how Major Development Public Company Limited's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2007 to 2025. As of March 2026, the ratio stands at 282.4%, reflecting working capital of ฿6.20 Billion against net assets of ฿2.19 Billion THB. See how many days can Major Development Public Company Limited fund operations to measure how many days the company can operate on defensive assets alone.
Major Development Public Company Limited Working Capital to Net Assets Ratio by Year (2007–2025)
Major Development Public Company Limited working capital to net assets ratio by year from 2007 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Major Development Public Company Limited from 2007 to 2025, 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 MJD asset base.
| Year | WC/NA Ratio | Working Capital (THB) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -57.4% | ฿-1.30 Billion | ฿2.26 Billion | ฿9.47 Billion | ฿10.77 Billion | ▼ -165.8 pp |
| 2024 | 108.4% | ฿4.74 Billion | ฿4.37 Billion | ฿11.09 Billion | ฿6.35 Billion | ▼ -51.4 pp |
| 2023 | 159.8% | ฿7.42 Billion | ฿4.64 Billion | ฿11.29 Billion | ฿3.87 Billion | ▲ +81.6 pp |
| 2022 | 78.2% | ฿3.88 Billion | ฿4.96 Billion | ฿8.46 Billion | ฿4.58 Billion | ▲ +14.5 pp |
| 2021 | 63.7% | ฿3.38 Billion | ฿5.31 Billion | ฿8.17 Billion | ฿4.79 Billion | ▼ -14.8 pp |
| 2020 | 78.5% | ฿4.44 Billion | ฿5.65 Billion | ฿11.70 Billion | ฿7.26 Billion | ▼ -23.9 pp |
| 2019 | 102.4% | ฿5.59 Billion | ฿5.46 Billion | ฿12.65 Billion | ฿7.07 Billion | ▲ +13.8 pp |
| 2018 | 88.5% | ฿4.05 Billion | ฿4.57 Billion | ฿13.07 Billion | ฿9.03 Billion | ▼ -64.2 pp |
| 2017 | 152.7% | ฿5.78 Billion | ฿3.78 Billion | ฿14.06 Billion | ฿8.28 Billion | ▲ +62.2 pp |
| 2016 | 90.5% | ฿3.59 Billion | ฿3.96 Billion | ฿11.45 Billion | ฿7.87 Billion | ▼ -11.7 pp |
| 2015 | 102.3% | ฿3.62 Billion | ฿3.54 Billion | ฿10.24 Billion | ฿6.62 Billion | ▼ -15.3 pp |
| 2014 | 117.6% | ฿3.61 Billion | ฿3.07 Billion | ฿11.37 Billion | ฿7.76 Billion | ▼ -55.8 pp |
| 2013 | 173.4% | ฿4.17 Billion | ฿2.41 Billion | ฿11.67 Billion | ฿7.50 Billion | ▲ +29.6 pp |
| 2012 | 143.8% | ฿3.01 Billion | ฿2.09 Billion | ฿8.67 Billion | ฿5.66 Billion | ▲ +37.2 pp |
| 2011 | 106.5% | ฿2.32 Billion | ฿2.18 Billion | ฿7.02 Billion | ฿4.70 Billion | ▼ -15.4 pp |
| 2010 | 122.0% | ฿3.04 Billion | ฿2.49 Billion | ฿6.82 Billion | ฿3.79 Billion | ▼ -16.3 pp |
| 2009 | 138.3% | ฿3.31 Billion | ฿2.40 Billion | ฿7.64 Billion | ฿4.33 Billion | ▼ -41.8 pp |
| 2008 | 180.1% | ฿3.96 Billion | ฿2.20 Billion | ฿7.38 Billion | ฿3.42 Billion | ▲ +31.1 pp |
| 2007 | 149.0% | ฿3.05 Billion | ฿2.05 Billion | ฿4.92 Billion | ฿1.87 Billion | — |