Pico (Thailand) Public Company Limited (PICO) — Working Capital to Net Assets Ratio
Pico (Thailand) Public Company Limited (PICO) has a Working Capital to Net Assets ratio of 75.5% as of January 2026. Working capital of ฿311.84 Million (current assets of ฿501.75 Million minus current liabilities of ฿189.92 Million) is measured against net assets of ฿413.13 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is Pico (Thailand) Public Company Limited's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Pico (Thailand) Public Company Limited Working Capital to Net Assets (2003–2025)
This chart shows how Pico (Thailand) Public Company Limited's Working Capital to Net Assets ratio has evolved across 23 annual periods from 2003 to 2025. As of January 2026, the ratio stands at 75.5%, reflecting working capital of ฿311.84 Million against net assets of ฿413.13 Million THB. Check Pico (Thailand) Public Company Limited tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Pico (Thailand) Public Company Limited (2003–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Pico (Thailand) Public Company Limited from 2003 to 2025, covering 23 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 PICO company net worth.
| Year | WC/NA Ratio | Working Capital (THB) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 77.6% | ฿339.23 Million | ฿437.36 Million | ฿685.13 Million | ฿345.90 Million | ▲ +1.3 pp |
| 2024 | 76.3% | ฿331.73 Million | ฿434.89 Million | ฿624.41 Million | ฿292.68 Million | ▲ +1.5 pp |
| 2023 | 74.7% | ฿293.25 Million | ฿392.33 Million | ฿564.51 Million | ฿271.27 Million | ▲ +6.2 pp |
| 2022 | 68.6% | ฿253.28 Million | ฿369.47 Million | ฿581.35 Million | ฿328.07 Million | ▲ +6.6 pp |
| 2021 | 61.9% | ฿208.08 Million | ฿335.99 Million | ฿445.58 Million | ฿237.50 Million | ▼ -2.3 pp |
| 2020 | 64.3% | ฿234.34 Million | ฿364.70 Million | ฿451.95 Million | ฿217.61 Million | ▼ -15.4 pp |
| 2019 | 79.6% | ฿387.63 Million | ฿486.85 Million | ฿757.02 Million | ฿369.39 Million | ▲ +5.5 pp |
| 2018 | 74.1% | ฿374.64 Million | ฿505.77 Million | ฿950.31 Million | ฿575.68 Million | ▲ +8.2 pp |
| 2017 | 65.9% | ฿303.76 Million | ฿460.81 Million | ฿712.28 Million | ฿408.52 Million | ▼ -2.1 pp |
| 2016 | 68.0% | ฿304.73 Million | ฿447.82 Million | ฿707.49 Million | ฿402.76 Million | ▲ +2.7 pp |
| 2015 | 65.4% | ฿297.21 Million | ฿454.78 Million | ฿755.57 Million | ฿458.35 Million | ▼ -6.3 pp |
| 2014 | 71.7% | ฿308.70 Million | ฿430.83 Million | ฿556.00 Million | ฿247.30 Million | ▼ -1.6 pp |
| 2013 | 73.2% | ฿321.61 Million | ฿439.32 Million | ฿570.33 Million | ฿248.72 Million | ▼ -3.8 pp |
| 2012 | 77.0% | ฿326.44 Million | ฿423.78 Million | ฿685.41 Million | ฿358.97 Million | ▲ +12.0 pp |
| 2011 | 65.1% | ฿266.91 Million | ฿410.14 Million | ฿733.35 Million | ฿466.44 Million | ▲ +12.7 pp |
| 2010 | 52.4% | ฿181.76 Million | ฿347.09 Million | ฿631.66 Million | ฿449.90 Million | ▼ -8.1 pp |
| 2009 | 60.5% | ฿179.42 Million | ฿296.56 Million | ฿301.56 Million | ฿122.14 Million | ▼ -1.3 pp |
| 2008 | 61.8% | ฿214.15 Million | ฿346.33 Million | ฿460.16 Million | ฿246.01 Million | ▼ -0.3 pp |
| 2007 | 62.1% | ฿203.88 Million | ฿328.17 Million | ฿497.75 Million | ฿293.87 Million | ▼ 0.0 pp |
| 2006 | 62.1% | ฿197.30 Million | ฿317.57 Million | ฿401.78 Million | ฿204.47 Million | ▼ -6.7 pp |
| 2005 | 68.8% | ฿195.78 Million | ฿284.37 Million | ฿336.49 Million | ฿140.71 Million | ▼ -1.9 pp |
| 2004 | 70.7% | ฿172.54 Million | ฿243.99 Million | ฿296.54 Million | ฿124.00 Million | ▲ +21.5 pp |
| 2003 | 49.3% | ฿60.07 Million | ฿121.95 Million | ฿165.89 Million | ฿105.82 Million | — |