Thai-German Products Public Company Limited (TGPRO) — Working Capital to Net Assets Ratio
Thai-German Products Public Company Limited (TGPRO) has a Working Capital to Net Assets ratio of -15.3% as of March 2026. Working capital of ฿-238.27 Million (current assets of ฿773.80 Million minus current liabilities of ฿1.01 Billion) is measured against net assets of ฿1.56 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of Thai-German Products Public Company Limi to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Thai-German Products Public Company Limited Working Capital to Net Assets (2005–2025)
This chart shows how Thai-German Products Public Company Limited's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of March 2026, the ratio stands at -15.3%, reflecting working capital of ฿-238.27 Million against net assets of ฿1.56 Billion THB. See TGPRO days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Thai-German Products Public Company Limited (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Thai-German Products Public Company Limited from 2005 to 2025, 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 TGPRO market cap overview.
| Year | WC/NA Ratio | Working Capital (THB) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -15.6% | ฿-246.47 Million | ฿1.58 Billion | ฿691.28 Million | ฿937.76 Million | ▼ -4.4 pp |
| 2024 | -11.1% | ฿-192.12 Million | ฿1.72 Billion | ฿752.24 Million | ฿944.37 Million | ▼ -6.2 pp |
| 2023 | -5.0% | ฿-93.42 Million | ฿1.89 Billion | ฿778.94 Million | ฿872.36 Million | ▼ -9.1 pp |
| 2022 | 4.2% | ฿90.09 Million | ฿2.16 Billion | ฿1.19 Billion | ฿1.10 Billion | ▲ +1.1 pp |
| 2021 | 3.1% | ฿64.83 Million | ฿2.12 Billion | ฿1.18 Billion | ฿1.12 Billion | ▲ +11.3 pp |
| 2020 | -8.3% | ฿-168.61 Million | ฿2.04 Billion | ฿1.02 Billion | ฿1.18 Billion | ▼ -13.4 pp |
| 2019 | 5.2% | ฿107.94 Million | ฿2.09 Billion | ฿1.01 Billion | ฿898.22 Million | ▼ -6.8 pp |
| 2018 | 12.0% | ฿271.26 Million | ฿2.27 Billion | ฿1.21 Billion | ฿934.20 Million | ▼ -4.2 pp |
| 2017 | 16.2% | ฿350.16 Million | ฿2.17 Billion | ฿1.18 Billion | ฿830.93 Million | ▼ -5.8 pp |
| 2016 | 22.0% | ฿468.10 Million | ฿2.13 Billion | ฿1.19 Billion | ฿723.57 Million | ▲ +1.3 pp |
| 2015 | 20.7% | ฿371.33 Million | ฿1.80 Billion | ฿975.05 Million | ฿603.71 Million | ▼ -6.7 pp |
| 2014 | 27.4% | ฿368.68 Million | ฿1.34 Billion | ฿1.13 Billion | ฿764.93 Million | ▲ +22.2 pp |
| 2013 | 5.3% | ฿55.74 Million | ฿1.06 Billion | ฿828.56 Million | ฿772.82 Million | ▼ -21.5 pp |
| 2012 | 26.7% | ฿211.37 Million | ฿790.44 Million | ฿825.72 Million | ฿614.36 Million | ▼ -23.3 pp |
| 2011 | 50.1% | ฿172.47 Million | ฿344.49 Million | ฿617.46 Million | ฿444.99 Million | ▼ -124.7 pp |
| 2010 | 174.8% | ฿-1.37 Billion | ฿-782.56 Million | ฿520.28 Million | ฿1.89 Billion | ▲ +23258.4 pp |
| 2009 | -23083.6% | ฿-898.06 Million | ฿3.89 Million | ฿696.04 Million | ฿1.59 Billion | ▼ -23212.6 pp |
| 2008 | 129.0% | ฿163.49 Million | ฿126.76 Million | ฿836.36 Million | ฿672.87 Million | ▲ +66.8 pp |
| 2007 | 62.2% | ฿87.25 Million | ฿140.30 Million | ฿933.62 Million | ฿846.37 Million | ▼ -215.4 pp |
| 2006 | 277.6% | ฿351.59 Million | ฿126.67 Million | ฿883.70 Million | ฿532.12 Million | ▼ -169.5 pp |
| 2005 | 447.0% | ฿407.31 Million | ฿91.11 Million | ฿1.05 Billion | ฿640.19 Million | — |