Pico (Thailand) Public Company Limited Working Capital to Net Assets Ratio
Pico (Thailand) Public Company Limited 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. Check Pico (Thailand) Public Company Limited tangible equity quality 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 Pico (Thailand) Public Company Limited (2003–2025)
Working capital to net assets ratio of Pico (Thailand) Public Company Limited from 2003 to 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. See operational self-sufficiency of Pico (Thailand) Public Company Limited to measure how many days the company can operate on defensive assets alone.
Pico (Thailand) Public Company Limited Working Capital to Net Assets Ratio by Year (2003–2025)
Pico (Thailand) Public Company Limited working capital to net assets ratio by year from 2003 to 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 the complete balance sheet picture, see Pico (Thailand) Public Company Limited (PICO) total assets.
| 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 | — |