Siam Pan Group PCL (SPG) — Working Capital to Net Assets Ratio
Siam Pan Group PCL (SPG) has a Working Capital to Net Assets ratio of 77.0% as of September 2025. Working capital of ฿4.40 Billion (current assets of ฿4.73 Billion minus current liabilities of ฿325.49 Million) is measured against net assets of ฿5.71 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See SPG net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Siam Pan Group PCL Working Capital to Net Assets (2006–2024)
This chart shows how Siam Pan Group PCL'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 77.0%, reflecting working capital of ฿4.40 Billion against net assets of ฿5.71 Billion THB. Check SPG tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Siam Pan Group PCL (2006–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Siam Pan Group PCL 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 how much is Siam Pan Group PCL worth.
| Year | WC/NA Ratio | Working Capital (THB) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 75.8% | ฿4.25 Billion | ฿5.61 Billion | ฿4.49 Billion | ฿240.79 Million | ▲ +0.6 pp |
| 2023 | 75.1% | ฿4.24 Billion | ฿5.64 Billion | ฿4.51 Billion | ฿269.85 Million | ▲ +1.0 pp |
| 2022 | 74.2% | ฿4.13 Billion | ฿5.57 Billion | ฿4.47 Billion | ฿338.10 Million | ▲ +2.0 pp |
| 2021 | 72.2% | ฿3.89 Billion | ฿5.40 Billion | ฿4.34 Billion | ฿444.81 Million | ▲ +1.5 pp |
| 2020 | 70.7% | ฿3.72 Billion | ฿5.26 Billion | ฿4.04 Billion | ฿327.50 Million | ▲ +1.7 pp |
| 2019 | 69.0% | ฿3.54 Billion | ฿5.13 Billion | ฿3.82 Billion | ฿284.18 Million | ▲ +1.8 pp |
| 2018 | 67.2% | ฿3.40 Billion | ฿5.06 Billion | ฿3.72 Billion | ฿316.98 Million | ▲ +3.0 pp |
| 2017 | 64.2% | ฿3.11 Billion | ฿4.84 Billion | ฿3.42 Billion | ฿309.39 Million | ▲ +2.1 pp |
| 2016 | 62.1% | ฿2.91 Billion | ฿4.69 Billion | ฿3.21 Billion | ฿299.83 Million | ▼ -20.6 pp |
| 2015 | 82.7% | ฿3.61 Billion | ฿4.36 Billion | ฿3.92 Billion | ฿313.70 Million | ▲ +1.1 pp |
| 2014 | 81.6% | ฿3.45 Billion | ฿4.23 Billion | ฿3.80 Billion | ฿347.26 Million | ▼ -1.0 pp |
| 2013 | 82.6% | ฿3.27 Billion | ฿3.96 Billion | ฿3.65 Billion | ฿381.87 Million | ▼ -1.2 pp |
| 2012 | 83.8% | ฿3.15 Billion | ฿3.75 Billion | ฿3.56 Billion | ฿411.72 Million | ▲ +1.5 pp |
| 2011 | 82.3% | ฿2.73 Billion | ฿3.32 Billion | ฿3.15 Billion | ฿419.77 Million | ▲ +1.5 pp |
| 2010 | 80.8% | ฿2.58 Billion | ฿3.19 Billion | ฿2.93 Billion | ฿349.25 Million | ▲ +1.2 pp |
| 2009 | 79.6% | ฿2.34 Billion | ฿2.94 Billion | ฿2.75 Billion | ฿410.76 Million | ▲ +4.1 pp |
| 2008 | 75.5% | ฿2.00 Billion | ฿2.66 Billion | ฿2.25 Billion | ฿247.49 Million | ▲ +0.5 pp |
| 2007 | 75.0% | ฿1.83 Billion | ฿2.44 Billion | ฿2.38 Billion | ฿553.14 Million | ▲ +3.8 pp |
| 2006 | 71.2% | ฿1.57 Billion | ฿2.20 Billion | ฿1.84 Billion | ฿271.46 Million | — |