Major Development Public Company Limited (MJD) — Working Capital to Net Assets Ratio
Major Development Public Company Limited (MJD) has a Working Capital to Net Assets ratio of 82.1% as of September 2025. Working capital of ฿2.99 Billion (current assets of ฿10.90 Billion minus current liabilities of ฿7.91 Billion) is measured against net assets of ฿3.64 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Major Development Public Company Limited (MJD) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Major Development Public Company Limited Working Capital to Net Assets (2007–2024)
This chart shows how Major Development Public Company Limited's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2007 to 2024. As of September 2025, the ratio stands at 82.1%, reflecting working capital of ฿2.99 Billion against net assets of ฿3.64 Billion THB. Check MJD intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Major Development Public Company Limited (2007–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Major Development Public Company Limited from 2007 to 2024, 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 MJD stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (THB) | Net Assets | Current Assets | Current Liabilities | Change (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 | — |