Phatra Leasing Public Company Limited (PL) — Working Capital to Net Assets Ratio
Phatra Leasing Public Company Limited (PL) has a Working Capital to Net Assets ratio of -88.7% as of September 2025. Working capital of ฿-2.71 Billion (current assets of ฿2.28 Billion minus current liabilities of ฿4.99 Billion) is measured against net assets of ฿3.05 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See PL free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Phatra Leasing Public Company Limited Working Capital to Net Assets (2006–2024)
This chart shows how Phatra Leasing Public Company Limited's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2006 to 2024. As of September 2025, the ratio stands at -88.7%, reflecting working capital of ฿-2.71 Billion against net assets of ฿3.05 Billion THB. See defensive interval ratio of Phatra Leasing Public Company Limited to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Phatra Leasing Public Company Limited (2006–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Phatra Leasing Public Company Limited from 2006 to 2024, 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. For live market cap and the full company profile, see PL stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (THB) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -59.8% | ฿-1.79 Billion | ฿3.00 Billion | ฿2.70 Billion | ฿4.50 Billion | ▲ +25.5 pp |
| 2023 | -85.3% | ฿-2.71 Billion | ฿3.17 Billion | ฿2.44 Billion | ฿5.15 Billion | ▼ -36.2 pp |
| 2022 | -49.0% | ฿-1.54 Billion | ฿3.14 Billion | ฿2.11 Billion | ฿3.65 Billion | ▲ +12.0 pp |
| 2021 | -61.0% | ฿-1.88 Billion | ฿3.08 Billion | ฿1.94 Billion | ฿3.82 Billion | ▼ -16.6 pp |
| 2020 | -44.5% | ฿-1.34 Billion | ฿3.01 Billion | ฿1.76 Billion | ฿3.10 Billion | ▲ +17.4 pp |
| 2019 | -61.8% | ฿-1.88 Billion | ฿3.04 Billion | ฿1.86 Billion | ฿3.74 Billion | ▲ +42.0 pp |
| 2018 | -103.9% | ฿-3.10 Billion | ฿2.98 Billion | ฿1.90 Billion | ฿4.99 Billion | ▼ -35.5 pp |
| 2017 | -68.4% | ฿-1.96 Billion | ฿2.86 Billion | ฿1.91 Billion | ฿3.87 Billion | ▲ +40.1 pp |
| 2016 | -108.5% | ฿-2.99 Billion | ฿2.75 Billion | ฿1.53 Billion | ฿4.52 Billion | ▼ -9.2 pp |
| 2015 | -99.3% | ฿-2.62 Billion | ฿2.64 Billion | ฿1.49 Billion | ฿4.11 Billion | ▲ +26.4 pp |
| 2014 | -125.7% | ฿-2.64 Billion | ฿2.10 Billion | ฿1.30 Billion | ฿3.94 Billion | ▲ +21.3 pp |
| 2013 | -146.9% | ฿-3.07 Billion | ฿2.09 Billion | ฿1.54 Billion | ฿4.61 Billion | ▼ -59.3 pp |
| 2012 | -87.6% | ฿-1.81 Billion | ฿2.06 Billion | ฿1.40 Billion | ฿3.21 Billion | ▼ -64.6 pp |
| 2011 | -23.0% | ฿-455.34 Million | ฿1.98 Billion | ฿2.03 Billion | ฿2.49 Billion | ▲ +175.2 pp |
| 2010 | -198.2% | ฿-3.90 Billion | ฿1.97 Billion | ฿1.01 Billion | ฿4.91 Billion | ▼ -47.2 pp |
| 2009 | -151.0% | ฿-2.72 Billion | ฿1.80 Billion | ฿771.15 Million | ฿3.49 Billion | ▼ -68.3 pp |
| 2008 | -82.6% | ฿-1.42 Billion | ฿1.72 Billion | ฿469.17 Million | ฿1.89 Billion | ▲ +57.5 pp |
| 2007 | -140.2% | ฿-724.30 Million | ฿516.74 Million | ฿416.36 Million | ฿1.14 Billion | ▼ -69.2 pp |
| 2006 | -70.9% | ฿-497.93 Million | ฿701.85 Million | ฿288.97 Million | ฿786.90 Million | — |