Thai Coating Industrial Public Company Limited (TCOAT) — Working Capital to Net Assets Ratio
Thai Coating Industrial Public Company Limited (TCOAT) has a Working Capital to Net Assets ratio of 69.5% as of September 2025. Working capital of ฿380.71 Million (current assets of ฿428.31 Million minus current liabilities of ฿47.61 Million) is measured against net assets of ฿547.80 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Thai Coating Industrial Public Company L (TCOAT) flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Thai Coating Industrial Public Company Limited Working Capital to Net Assets (2006–2024)
This chart shows how Thai Coating Industrial 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 69.5%, reflecting working capital of ฿380.71 Million against net assets of ฿547.80 Million THB. See Thai Coating Industrial Public Company L defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Thai Coating Industrial Public Company Limited (2006–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Thai Coating Industrial 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 TCOAT company net worth.
| Year | WC/NA Ratio | Working Capital (THB) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 70.3% | ฿384.24 Million | ฿546.96 Million | ฿447.85 Million | ฿63.61 Million | ▲ +4.1 pp |
| 2023 | 66.2% | ฿362.43 Million | ฿547.85 Million | ฿410.03 Million | ฿47.60 Million | ▼ -0.3 pp |
| 2022 | 66.4% | ฿362.45 Million | ฿545.55 Million | ฿427.77 Million | ฿65.32 Million | ▲ +0.4 pp |
| 2021 | 66.0% | ฿365.26 Million | ฿553.16 Million | ฿422.71 Million | ฿57.45 Million | ▲ +0.4 pp |
| 2020 | 65.6% | ฿365.74 Million | ฿557.25 Million | ฿456.64 Million | ฿90.90 Million | ▲ +0.6 pp |
| 2019 | 65.0% | ฿358.76 Million | ฿551.58 Million | ฿418.88 Million | ฿60.12 Million | ▼ -2.0 pp |
| 2018 | 67.1% | ฿363.84 Million | ฿542.48 Million | ฿446.90 Million | ฿83.05 Million | ▲ +0.9 pp |
| 2017 | 66.1% | ฿342.14 Million | ฿517.30 Million | ฿410.59 Million | ฿68.45 Million | ▲ +0.2 pp |
| 2016 | 65.9% | ฿338.63 Million | ฿513.68 Million | ฿396.16 Million | ฿57.53 Million | ▲ +6.1 pp |
| 2015 | 59.8% | ฿283.60 Million | ฿474.32 Million | ฿373.67 Million | ฿90.07 Million | ▲ +4.2 pp |
| 2014 | 55.6% | ฿250.02 Million | ฿449.67 Million | ฿407.55 Million | ฿157.52 Million | ▲ +1.5 pp |
| 2013 | 54.1% | ฿252.04 Million | ฿466.25 Million | ฿435.18 Million | ฿183.14 Million | ▲ +1.1 pp |
| 2012 | 52.9% | ฿237.43 Million | ฿448.64 Million | ฿436.40 Million | ฿198.97 Million | ▲ +1.2 pp |
| 2011 | 51.7% | ฿224.84 Million | ฿434.81 Million | ฿388.73 Million | ฿163.89 Million | ▲ +2.0 pp |
| 2010 | 49.7% | ฿221.22 Million | ฿444.96 Million | ฿352.20 Million | ฿130.98 Million | ▲ +2.3 pp |
| 2009 | 47.4% | ฿206.68 Million | ฿436.11 Million | ฿340.56 Million | ฿133.88 Million | ▲ +4.3 pp |
| 2008 | 43.1% | ฿170.50 Million | ฿395.88 Million | ฿281.55 Million | ฿111.05 Million | ▲ +1.2 pp |
| 2007 | 41.8% | ฿161.88 Million | ฿386.91 Million | ฿279.26 Million | ฿117.38 Million | ▲ +8.8 pp |
| 2006 | 33.0% | ฿118.67 Million | ฿359.17 Million | ฿298.99 Million | ฿180.32 Million | — |