STP&I Public Company Limited (STPI) — Working Capital to Net Assets Ratio
STP&I Public Company Limited (STPI) has a Working Capital to Net Assets ratio of 10.2% as of September 2025. Working capital of ฿946.62 Million (current assets of ฿3.03 Billion minus current liabilities of ฿2.08 Billion) is measured against net assets of ฿9.30 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See STP&I Public Company Limited (STPI) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
STP&I Public Company Limited Working Capital to Net Assets (2004–2024)
This chart shows how STP&I Public Company Limited's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2004 to 2024. As of September 2025, the ratio stands at 10.2%, reflecting working capital of ฿946.62 Million against net assets of ฿9.30 Billion THB. Check STPI tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for STP&I Public Company Limited (2004–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for STP&I Public Company Limited from 2004 to 2024, covering 21 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 STPI market cap.
| Year | WC/NA Ratio | Working Capital (THB) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 8.6% | ฿780.87 Million | ฿9.11 Billion | ฿3.16 Billion | ฿2.38 Billion | ▼ -7.0 pp |
| 2023 | 15.6% | ฿1.22 Billion | ฿7.82 Billion | ฿3.46 Billion | ฿2.24 Billion | ▼ -23.4 pp |
| 2022 | 39.0% | ฿3.02 Billion | ฿7.75 Billion | ฿4.03 Billion | ฿1.01 Billion | ▼ -8.7 pp |
| 2021 | 47.8% | ฿3.80 Billion | ฿7.96 Billion | ฿4.97 Billion | ฿1.17 Billion | ▲ +19.5 pp |
| 2020 | 28.2% | ฿2.16 Billion | ฿7.67 Billion | ฿3.99 Billion | ฿1.82 Billion | ▼ -5.1 pp |
| 2019 | 33.3% | ฿3.03 Billion | ฿9.09 Billion | ฿4.60 Billion | ฿1.57 Billion | ▲ +14.9 pp |
| 2018 | 18.5% | ฿1.40 Billion | ฿7.58 Billion | ฿3.65 Billion | ฿2.25 Billion | ▼ -10.5 pp |
| 2017 | 29.0% | ฿2.35 Billion | ฿8.09 Billion | ฿4.08 Billion | ฿1.74 Billion | ▼ -43.3 pp |
| 2016 | 72.3% | ฿8.12 Billion | ฿11.24 Billion | ฿9.03 Billion | ฿905.50 Million | ▲ +0.1 pp |
| 2015 | 72.2% | ฿7.15 Billion | ฿9.89 Billion | ฿9.77 Billion | ฿2.62 Billion | ▲ +7.3 pp |
| 2014 | 65.0% | ฿5.23 Billion | ฿8.04 Billion | ฿10.85 Billion | ฿5.63 Billion | ▲ +13.6 pp |
| 2013 | 51.4% | ฿3.04 Billion | ฿5.91 Billion | ฿7.69 Billion | ฿4.65 Billion | ▼ -4.1 pp |
| 2012 | 55.4% | ฿2.39 Billion | ฿4.31 Billion | ฿5.06 Billion | ฿2.67 Billion | ▲ +4.9 pp |
| 2011 | 50.5% | ฿1.57 Billion | ฿3.10 Billion | ฿1.75 Billion | ฿185.48 Million | ▲ +15.5 pp |
| 2010 | 35.0% | ฿1.13 Billion | ฿3.24 Billion | ฿2.15 Billion | ฿1.02 Billion | ▲ +5.8 pp |
| 2009 | 29.2% | ฿740.17 Million | ฿2.53 Billion | ฿4.57 Billion | ฿3.83 Billion | ▲ +15.3 pp |
| 2008 | 13.9% | ฿245.25 Million | ฿1.77 Billion | ฿4.38 Billion | ฿4.14 Billion | ▼ -8.7 pp |
| 2007 | 22.6% | ฿186.37 Million | ฿823.88 Million | ฿1.69 Billion | ฿1.50 Billion | ▼ -19.6 pp |
| 2006 | 42.2% | ฿355.53 Million | ฿842.99 Million | ฿972.20 Million | ฿616.67 Million | ▲ +19.7 pp |
| 2005 | 22.5% | ฿134.82 Million | ฿599.01 Million | ฿994.92 Million | ฿860.11 Million | ▲ +17.2 pp |
| 2004 | 5.3% | ฿24.05 Million | ฿451.54 Million | ฿433.65 Million | ฿409.60 Million | — |