Thitikorn Public Company Limited (TK) — Working Capital to Net Assets Ratio
Thitikorn Public Company Limited (TK) has a Working Capital to Net Assets ratio of 57.2% as of March 2026. Working capital of ฿3.09 Billion (current assets of ฿3.33 Billion minus current liabilities of ฿232.24 Million) is measured against net assets of ฿5.41 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Thitikorn Public Company Limited (TK) financial flexibility to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Thitikorn Public Company Limited Working Capital to Net Assets (2002–2025)
This chart shows how Thitikorn Public Company Limited's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2002 to 2025. As of March 2026, the ratio stands at 57.2%, reflecting working capital of ฿3.09 Billion against net assets of ฿5.41 Billion THB. See TK defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Thitikorn Public Company Limited (2002–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Thitikorn Public Company Limited from 2002 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 Thitikorn Public Company Limited (TK) market capitalisation.
| Year | WC/NA Ratio | Working Capital (THB) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 60.9% | ฿3.26 Billion | ฿5.35 Billion | ฿3.48 Billion | ฿219.63 Million | ▼ -12.8 pp |
| 2024 | 73.7% | ฿4.00 Billion | ฿5.43 Billion | ฿4.38 Billion | ฿376.22 Million | ▲ +10.8 pp |
| 2023 | 62.9% | ฿3.52 Billion | ฿5.59 Billion | ฿4.12 Billion | ฿607.34 Million | ▲ +2.8 pp |
| 2022 | 60.2% | ฿3.46 Billion | ฿5.76 Billion | ฿4.11 Billion | ฿646.81 Million | ▼ -3.6 pp |
| 2021 | 63.8% | ฿3.61 Billion | ฿5.66 Billion | ฿4.74 Billion | ฿1.13 Billion | ▼ -6.0 pp |
| 2020 | 69.8% | ฿3.74 Billion | ฿5.36 Billion | ฿5.21 Billion | ฿1.47 Billion | ▲ +16.6 pp |
| 2019 | 53.2% | ฿2.81 Billion | ฿5.28 Billion | ฿5.51 Billion | ฿2.70 Billion | ▲ +1.9 pp |
| 2018 | 51.4% | ฿2.53 Billion | ฿4.93 Billion | ฿5.43 Billion | ฿2.90 Billion | ▼ -20.0 pp |
| 2017 | 71.4% | ฿3.42 Billion | ฿4.79 Billion | ฿4.79 Billion | ฿1.38 Billion | ▲ +21.7 pp |
| 2016 | 49.7% | ฿2.26 Billion | ฿4.55 Billion | ฿4.08 Billion | ฿1.82 Billion | ▲ +9.0 pp |
| 2015 | 40.7% | ฿1.76 Billion | ฿4.32 Billion | ฿4.36 Billion | ฿2.60 Billion | ▼ -28.6 pp |
| 2014 | 69.3% | ฿2.77 Billion | ฿4.00 Billion | ฿4.37 Billion | ฿1.60 Billion | ▲ +37.4 pp |
| 2013 | 31.9% | ฿1.28 Billion | ฿4.01 Billion | ฿4.97 Billion | ฿3.69 Billion | ▼ -30.2 pp |
| 2012 | 62.1% | ฿2.36 Billion | ฿3.80 Billion | ฿4.59 Billion | ฿2.23 Billion | ▼ -29.2 pp |
| 2011 | 91.3% | ฿3.25 Billion | ฿3.56 Billion | ฿4.38 Billion | ฿1.12 Billion | ▼ -79.7 pp |
| 2010 | 171.1% | ฿5.50 Billion | ฿3.22 Billion | ฿7.07 Billion | ฿1.57 Billion | ▲ +27.5 pp |
| 2009 | 143.6% | ฿4.11 Billion | ฿2.86 Billion | ฿6.11 Billion | ฿1.99 Billion | ▲ +40.9 pp |
| 2008 | 102.7% | ฿2.77 Billion | ฿2.70 Billion | ฿2.83 Billion | ฿54.91 Million | ▼ -0.7 pp |
| 2007 | 103.5% | ฿2.62 Billion | ฿2.53 Billion | ฿2.69 Billion | ฿71.51 Million | ▲ +6.8 pp |
| 2003 | 96.7% | ฿1.76 Billion | ฿1.82 Billion | ฿3.98 Billion | ฿2.22 Billion | ▲ +12.9 pp |
| 2002 | 83.8% | ฿314.27 Million | ฿375.11 Million | ฿2.74 Billion | ฿2.43 Billion | — |