Thaire Life Assurance Public Company Limited (THREL) — Working Capital to Net Assets Ratio

Latest as of June 2024: 20.1%

Thaire Life Assurance Public Company Limited (THREL) has a Working Capital to Net Assets ratio of 20.1% as of June 2024. Working capital of ฿243.56 Million (current assets of ฿362.54 Million minus current liabilities of ฿118.98 Million) is measured against net assets of ฿1.21 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Thaire Life Assurance Public Company Lim liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

WC/NA Ratio

20.1%
Working Capital / Net Assets

Working Capital

฿243.56 Million
THB

Current Assets

฿362.54 Million
THB

Current Liabilities

฿118.98 Million
THB

Thaire Life Assurance Public Company Limited Working Capital to Net Assets (2011–2023)

This chart shows how Thaire Life Assurance Public Company Limited's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2011 to 2023. As of June 2024, the ratio stands at 20.1%, reflecting working capital of ฿243.56 Million against net assets of ฿1.21 Billion THB. For the complete balance sheet picture, see Thaire Life Assurance Public Company Lim assets under control.

Annual Working Capital to Net Assets for Thaire Life Assurance Public Company Limited (2011–2023)

The table below presents the year-by-year Working Capital to Net Assets ratio for Thaire Life Assurance Public Company Limited from 2011 to 2023, covering 13 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. Check Thaire Life Assurance Public Company Lim liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Year WC/NA Ratio Working Capital (THB) Net Assets Current Assets Current Liabilities Change (pp)
2023 10.8% ฿148.25 Million ฿1.37 Billion ฿338.68 Million ฿190.43 Million ▼ -49.7 pp
2022 60.5% ฿875.72 Million ฿1.45 Billion ฿1.18 Billion ฿304.19 Million ▼ -18.4 pp
2021 78.9% ฿1.16 Billion ฿1.47 Billion ฿1.31 Billion ฿146.79 Million ▲ +7.9 pp
2020 71.0% ฿1.01 Billion ฿1.42 Billion ฿1.36 Billion ฿347.45 Million ▼ -22.3 pp
2019 93.3% ฿1.36 Billion ฿1.46 Billion ฿1.50 Billion ฿137.01 Million ▼ -5.4 pp
2018 98.7% ฿1.42 Billion ฿1.44 Billion ฿1.61 Billion ฿184.57 Million ▲ +0.5 pp
2017 98.2% ฿1.52 Billion ฿1.54 Billion ฿1.70 Billion ฿181.94 Million ▲ +1.2 pp
2016 97.0% ฿1.27 Billion ฿1.31 Billion ฿1.46 Billion ฿184.40 Million ▲ +29.3 pp
2015 67.6% ฿867.52 Million ฿1.28 Billion ฿1.02 Billion ฿154.22 Million ▲ +18.3 pp
2014 49.3% ฿586.94 Million ฿1.19 Billion ฿870.02 Million ฿283.08 Million ▼ -5.2 pp
2013 54.5% ฿594.90 Million ฿1.09 Billion ฿764.88 Million ฿169.98 Million ▲ +22.5 pp
2012 32.0% ฿240.53 Million ฿752.19 Million ฿419.73 Million ฿179.20 Million ▲ +14.9 pp
2011 17.1% ฿138.84 Million ฿813.62 Million ฿263.02 Million ฿124.18 Million
pp = percentage points