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 -15.6% as of December 2025. Working capital of ฿-246.47 Million (current assets of ฿691.28 Million minus current liabilities of ฿937.76 Million) is measured against net assets of ฿1.58 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Thai-German Products Public Company Limi (TGPRO) balance sheet quality index to measure how much of total assets are equity-financed.
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 December 2025, the ratio stands at -15.6%, reflecting working capital of ฿-246.47 Million against net assets of ฿1.58 Billion THB. Check Thai-German Products Public Company Limi tangible equity quality to evaluate the tangible quality of the company's equity base.
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 Thai-German Products Public Company Limi (TGPRO) market capitalisation.
| 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 | — |