Sappe Public Company Limited (SAPPE) — Working Capital to Net Assets Ratio
Sappe Public Company Limited (SAPPE) has a Working Capital to Net Assets ratio of 25.7% as of September 2025. Working capital of ฿1.13 Billion (current assets of ฿2.05 Billion minus current liabilities of ฿923.88 Million) is measured against net assets of ฿4.39 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Sappe Public Company Limited liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Sappe Public Company Limited Working Capital to Net Assets (2012–2024)
This chart shows how Sappe Public Company Limited's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 25.7%, reflecting working capital of ฿1.13 Billion against net assets of ฿4.39 Billion THB. For the complete balance sheet picture, see SAPPE total assets.
Annual Working Capital to Net Assets for Sappe Public Company Limited (2012–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Sappe Public Company Limited from 2012 to 2024, covering 13 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 Sappe Public Company Limited liquidity resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (THB) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 31.3% | ฿1.41 Billion | ฿4.49 Billion | ฿2.70 Billion | ฿1.29 Billion | ▼ -20.3 pp |
| 2023 | 51.6% | ฿2.01 Billion | ฿3.90 Billion | ฿3.66 Billion | ฿1.65 Billion | ▼ -8.2 pp |
| 2022 | 59.8% | ฿2.01 Billion | ฿3.36 Billion | ฿3.08 Billion | ฿1.07 Billion | ▲ +0.6 pp |
| 2021 | 59.1% | ฿1.78 Billion | ฿3.01 Billion | ฿2.52 Billion | ฿745.47 Million | ▲ +0.3 pp |
| 2020 | 58.8% | ฿1.69 Billion | ฿2.87 Billion | ฿2.36 Billion | ฿670.51 Million | ▲ +10.0 pp |
| 2019 | 48.9% | ฿1.34 Billion | ฿2.74 Billion | ฿1.94 Billion | ฿602.70 Million | ▲ +2.6 pp |
| 2018 | 46.3% | ฿1.12 Billion | ฿2.42 Billion | ฿1.60 Billion | ฿482.46 Million | ▲ +1.7 pp |
| 2017 | 44.6% | ฿1.01 Billion | ฿2.25 Billion | ฿1.50 Billion | ฿493.00 Million | ▲ +10.1 pp |
| 2016 | 34.6% | ฿691.20 Million | ฿2.00 Billion | ฿1.12 Billion | ฿431.93 Million | ▲ +7.3 pp |
| 2015 | 27.2% | ฿478.68 Million | ฿1.76 Billion | ฿976.06 Million | ฿497.38 Million | ▼ -22.3 pp |
| 2014 | 49.5% | ฿770.74 Million | ฿1.56 Billion | ฿1.28 Billion | ฿508.33 Million | ▲ +102.1 pp |
| 2013 | -52.6% | ฿-213.76 Million | ฿406.62 Million | ฿654.99 Million | ฿868.75 Million | ▼ -10.9 pp |
| 2012 | -41.6% | ฿-158.84 Million | ฿381.52 Million | ฿557.37 Million | ฿716.20 Million | — |