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 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. See MJD cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Major Development Public Company Limited Working Capital to Net Assets (2007–2025)
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. For the complete balance sheet picture, see balance sheet size of Major Development Public Company Limited.
Annual Working Capital to Net Assets for Major Development Public Company Limited (2007–2025)
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. Check Major Development Public Company Limited liquid asset 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) |
|---|---|---|---|---|---|---|
| 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 | — |