Phol Dhanya Public Company Limited (PHOL) — Working Capital to Net Assets Ratio
Phol Dhanya Public Company Limited (PHOL) has a Working Capital to Net Assets ratio of 78.9% as of September 2025. Working capital of ฿315.64 Million (current assets of ฿504.14 Million minus current liabilities of ฿188.50 Million) is measured against net assets of ฿399.99 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Phol Dhanya Public Company Limited balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Phol Dhanya Public Company Limited Working Capital to Net Assets (2009–2024)
This chart shows how Phol Dhanya Public Company Limited's Working Capital to Net Assets ratio has evolved across 16 annual periods from 2009 to 2024. As of September 2025, the ratio stands at 78.9%, reflecting working capital of ฿315.64 Million against net assets of ฿399.99 Million THB. Check Phol Dhanya Public Company Limited tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Phol Dhanya Public Company Limited (2009–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Phol Dhanya Public Company Limited from 2009 to 2024, covering 16 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 Phol Dhanya Public Company Limited stock valuation.
| Year | WC/NA Ratio | Working Capital (THB) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 68.1% | ฿269.32 Million | ฿395.61 Million | ฿488.47 Million | ฿219.15 Million | ▲ +5.6 pp |
| 2023 | 62.5% | ฿234.05 Million | ฿374.40 Million | ฿468.44 Million | ฿234.39 Million | ▲ +2.0 pp |
| 2022 | 60.5% | ฿214.06 Million | ฿353.56 Million | ฿455.95 Million | ฿241.89 Million | ▼ -1.3 pp |
| 2021 | 61.9% | ฿215.36 Million | ฿348.17 Million | ฿461.67 Million | ฿246.31 Million | ▲ +1.5 pp |
| 2020 | 60.4% | ฿197.46 Million | ฿327.15 Million | ฿428.90 Million | ฿231.44 Million | ▲ +2.5 pp |
| 2019 | 57.9% | ฿174.20 Million | ฿300.99 Million | ฿387.59 Million | ฿213.39 Million | ▲ +9.3 pp |
| 2018 | 48.6% | ฿132.57 Million | ฿272.98 Million | ฿457.87 Million | ฿325.30 Million | ▲ +9.1 pp |
| 2017 | 39.4% | ฿92.30 Million | ฿234.13 Million | ฿576.63 Million | ฿484.34 Million | ▼ -27.8 pp |
| 2016 | 67.2% | ฿235.95 Million | ฿351.01 Million | ฿770.07 Million | ฿534.12 Million | ▲ +9.1 pp |
| 2015 | 58.2% | ฿186.90 Million | ฿321.30 Million | ฿508.18 Million | ฿321.29 Million | ▼ -3.7 pp |
| 2014 | 61.9% | ฿198.43 Million | ฿320.68 Million | ฿403.14 Million | ฿204.71 Million | ▲ +2.5 pp |
| 2013 | 59.3% | ฿183.18 Million | ฿308.70 Million | ฿358.62 Million | ฿175.44 Million | ▼ -1.1 pp |
| 2012 | 60.4% | ฿172.61 Million | ฿285.64 Million | ฿348.18 Million | ฿175.57 Million | ▲ +8.2 pp |
| 2011 | 52.2% | ฿141.06 Million | ฿270.07 Million | ฿323.31 Million | ฿182.25 Million | ▼ -4.4 pp |
| 2010 | 56.7% | ฿160.50 Million | ฿283.20 Million | ฿319.46 Million | ฿158.96 Million | ▲ +27.1 pp |
| 2009 | 29.5% | ฿48.47 Million | ฿164.10 Million | ฿202.76 Million | ฿154.29 Million | — |