T.M.C. Industrial Public Company Limited (TMC) — Working Capital to Net Assets Ratio
T.M.C. Industrial Public Company Limited (TMC) has a Working Capital to Net Assets ratio of 75.5% as of March 2026. Working capital of ฿433.87 Million (current assets of ฿478.44 Million minus current liabilities of ฿44.57 Million) is measured against net assets of ฿574.59 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See T.M.C. Industrial Public Company Limited free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
T.M.C. Industrial Public Company Limited Working Capital to Net Assets (2011–2025)
This chart shows how T.M.C. Industrial Public Company Limited's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2011 to 2025. As of March 2026, the ratio stands at 75.5%, reflecting working capital of ฿433.87 Million against net assets of ฿574.59 Million THB. See TMC defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for T.M.C. Industrial Public Company Limited (2011–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for T.M.C. Industrial Public Company Limited from 2011 to 2025, covering 15 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 T.M.C. Industrial Public Company Limited market capitalisation.
| Year | WC/NA Ratio | Working Capital (THB) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 76.1% | ฿441.88 Million | ฿580.54 Million | ฿478.31 Million | ฿36.43 Million | ▲ +2.0 pp |
| 2024 | 74.1% | ฿440.62 Million | ฿594.88 Million | ฿490.48 Million | ฿49.86 Million | ▼ -0.9 pp |
| 2023 | 75.0% | ฿462.56 Million | ฿617.03 Million | ฿529.93 Million | ฿67.37 Million | ▼ -3.7 pp |
| 2022 | 78.7% | ฿468.23 Million | ฿595.16 Million | ฿568.87 Million | ฿100.63 Million | ▲ +138.8 pp |
| 2021 | -60.1% | ฿-197.56 Million | ฿328.52 Million | ฿144.39 Million | ฿341.94 Million | ▼ -9.9 pp |
| 2020 | -50.2% | ฿-186.01 Million | ฿370.22 Million | ฿128.87 Million | ฿314.88 Million | ▼ -8.3 pp |
| 2019 | -41.9% | ฿-177.95 Million | ฿424.21 Million | ฿240.81 Million | ฿418.77 Million | ▼ -19.3 pp |
| 2018 | -22.6% | ฿-113.03 Million | ฿500.04 Million | ฿171.53 Million | ฿284.56 Million | ▼ -86.5 pp |
| 2017 | 63.9% | ฿362.89 Million | ฿568.19 Million | ฿658.05 Million | ฿295.16 Million | ▲ +105.1 pp |
| 2016 | -41.2% | ฿-186.32 Million | ฿452.14 Million | ฿196.86 Million | ฿383.19 Million | ▼ -35.4 pp |
| 2015 | -5.8% | ฿-39.79 Million | ฿687.33 Million | ฿277.43 Million | ฿317.22 Million | ▼ -3.2 pp |
| 2014 | -2.6% | ฿-15.73 Million | ฿602.40 Million | ฿458.89 Million | ฿474.62 Million | ▼ -31.7 pp |
| 2013 | 29.1% | ฿192.37 Million | ฿661.98 Million | ฿608.82 Million | ฿416.45 Million | ▼ -24.8 pp |
| 2012 | 53.8% | ฿367.29 Million | ฿682.15 Million | ฿623.82 Million | ฿256.53 Million | ▲ +65.8 pp |
| 2011 | -11.9% | ฿-27.76 Million | ฿232.63 Million | ฿363.26 Million | ฿391.02 Million | — |