S. Pack & Print Public Company Limited (SPACK) — Working Capital to Net Assets Ratio
S. Pack & Print Public Company Limited (SPACK) has a Working Capital to Net Assets ratio of 2.9% as of March 2026. Working capital of ฿20.81 Million (current assets of ฿505.83 Million minus current liabilities of ฿485.02 Million) is measured against net assets of ฿724.55 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See SPACK defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
S. Pack & Print Public Company Limited Working Capital to Net Assets (2006–2025)
This chart shows how S. Pack & Print Public Company Limited's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2006 to 2025. As of March 2026, the ratio stands at 2.9%, reflecting working capital of ฿20.81 Million against net assets of ฿724.55 Million THB. For the complete balance sheet picture, see S. Pack & Print Public Company Limited asset portfolio.
Annual Working Capital to Net Assets for S. Pack & Print Public Company Limited (2006–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for S. Pack & Print Public Company Limited from 2006 to 2025, covering 20 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 S. Pack & Print 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) |
|---|---|---|---|---|---|---|
| 2025 | -1.2% | ฿-8.89 Million | ฿713.49 Million | ฿464.10 Million | ฿472.99 Million | ▲ +9.2 pp |
| 2024 | -10.4% | ฿-71.32 Million | ฿683.03 Million | ฿509.18 Million | ฿580.50 Million | ▲ +17.0 pp |
| 2023 | -27.4% | ฿-171.79 Million | ฿626.60 Million | ฿497.02 Million | ฿668.81 Million | ▲ +8.0 pp |
| 2022 | -35.4% | ฿-214.46 Million | ฿605.74 Million | ฿558.94 Million | ฿773.40 Million | ▼ -13.7 pp |
| 2021 | -21.7% | ฿-129.08 Million | ฿595.80 Million | ฿581.35 Million | ฿710.43 Million | ▼ -5.6 pp |
| 2020 | -16.1% | ฿-84.79 Million | ฿526.44 Million | ฿454.16 Million | ฿538.95 Million | ▲ +11.3 pp |
| 2019 | -27.4% | ฿-122.70 Million | ฿447.05 Million | ฿394.34 Million | ฿517.03 Million | ▼ -8.9 pp |
| 2018 | -18.6% | ฿-82.03 Million | ฿441.50 Million | ฿425.43 Million | ฿507.46 Million | ▼ -3.0 pp |
| 2017 | -15.6% | ฿-69.76 Million | ฿446.51 Million | ฿405.49 Million | ฿475.26 Million | ▼ -9.2 pp |
| 2016 | -6.5% | ฿-30.45 Million | ฿470.56 Million | ฿316.83 Million | ฿347.29 Million | ▼ -9.1 pp |
| 2015 | 2.6% | ฿13.13 Million | ฿506.65 Million | ฿306.95 Million | ฿293.82 Million | ▲ +3.1 pp |
| 2014 | -0.5% | ฿-2.76 Million | ฿550.91 Million | ฿358.57 Million | ฿361.33 Million | ▲ +85.8 pp |
| 2013 | -86.3% | ฿-553.58 Million | ฿641.14 Million | ฿342.30 Million | ฿895.88 Million | ▼ -98.2 pp |
| 2012 | 11.8% | ฿77.98 Million | ฿658.78 Million | ฿555.06 Million | ฿477.08 Million | ▲ +14.4 pp |
| 2011 | -2.6% | ฿-19.21 Million | ฿735.28 Million | ฿411.78 Million | ฿430.99 Million | ▼ -35.2 pp |
| 2010 | 32.5% | ฿242.59 Million | ฿745.55 Million | ฿411.96 Million | ฿169.37 Million | ▲ +18.3 pp |
| 2009 | 14.2% | ฿123.34 Million | ฿865.77 Million | ฿354.68 Million | ฿231.34 Million | ▲ +1.1 pp |
| 2008 | 13.1% | ฿121.98 Million | ฿931.14 Million | ฿312.52 Million | ฿190.53 Million | ▲ +0.4 pp |
| 2007 | 12.7% | ฿120.89 Million | ฿954.16 Million | ฿367.57 Million | ฿246.69 Million | ▼ -2.3 pp |
| 2006 | 15.0% | ฿136.83 Million | ฿913.81 Million | ฿386.59 Million | ฿249.75 Million | — |