Trinity Watthana Public Company Limited (TNITY) — Working Capital to Net Assets Ratio
Trinity Watthana Public Company Limited (TNITY) has a Working Capital to Net Assets ratio of 57.4% as of December 2025. Working capital of ฿745.15 Million (current assets of ฿3.24 Billion minus current liabilities of ฿2.49 Billion) is measured against net assets of ฿1.30 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See TNITY net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Trinity Watthana Public Company Limited Working Capital to Net Assets (2008–2025)
This chart shows how Trinity Watthana Public Company Limited's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2008 to 2025. As of December 2025, the ratio stands at 57.4%, reflecting working capital of ฿745.15 Million against net assets of ฿1.30 Billion THB. Check TNITY tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Trinity Watthana Public Company Limited (2008–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Trinity Watthana Public Company Limited from 2008 to 2025, covering 18 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 market cap of Trinity Watthana Public Company Limited.
| Year | WC/NA Ratio | Working Capital (THB) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 57.4% | ฿745.15 Million | ฿1.30 Billion | ฿3.24 Billion | ฿2.49 Billion | ▲ +17.1 pp |
| 2024 | 40.3% | ฿555.71 Million | ฿1.38 Billion | ฿3.55 Billion | ฿2.99 Billion | ▲ +289.0 pp |
| 2023 | -248.7% | ฿-3.45 Billion | ฿1.39 Billion | ฿84.63 Million | ฿3.53 Billion | ▼ -367.7 pp |
| 2022 | 119.0% | ฿2.07 Billion | ฿1.74 Billion | ฿6.71 Billion | ฿4.64 Billion | ▲ +5.3 pp |
| 2021 | 113.7% | ฿2.00 Billion | ฿1.76 Billion | ฿5.88 Billion | ฿3.88 Billion | ▲ +8.6 pp |
| 2020 | 105.1% | ฿1.68 Billion | ฿1.60 Billion | ฿4.52 Billion | ฿2.84 Billion | ▲ +26.9 pp |
| 2019 | 78.2% | ฿1.23 Billion | ฿1.58 Billion | ฿3.71 Billion | ฿2.48 Billion | ▲ +9.6 pp |
| 2018 | 68.6% | ฿1.07 Billion | ฿1.55 Billion | ฿3.38 Billion | ฿2.32 Billion | ▼ -16.7 pp |
| 2017 | 85.3% | ฿1.37 Billion | ฿1.60 Billion | ฿3.67 Billion | ฿2.30 Billion | ▼ -3.9 pp |
| 2016 | 89.2% | ฿1.43 Billion | ฿1.60 Billion | ฿4.28 Billion | ฿2.86 Billion | ▲ +7.9 pp |
| 2015 | 81.4% | ฿1.27 Billion | ฿1.57 Billion | ฿3.41 Billion | ฿2.13 Billion | ▲ +2.6 pp |
| 2014 | 78.8% | ฿1.19 Billion | ฿1.51 Billion | ฿3.68 Billion | ฿2.50 Billion | ▼ -10.9 pp |
| 2013 | 89.7% | ฿1.29 Billion | ฿1.43 Billion | ฿3.16 Billion | ฿1.88 Billion | ▼ -1.2 pp |
| 2012 | 90.9% | ฿1.28 Billion | ฿1.41 Billion | ฿3.04 Billion | ฿1.76 Billion | ▲ +2.4 pp |
| 2011 | 88.5% | ฿1.22 Billion | ฿1.38 Billion | ฿1.69 Billion | ฿467.02 Million | ▼ 0.0 pp |
| 2010 | 88.6% | ฿1.23 Billion | ฿1.39 Billion | ฿2.04 Billion | ฿808.41 Million | ▲ +20.6 pp |
| 2009 | 68.0% | ฿885.35 Million | ฿1.30 Billion | ฿1.24 Billion | ฿353.43 Million | ▼ -0.9 pp |
| 2008 | 68.9% | ฿902.75 Million | ฿1.31 Billion | ฿1.16 Billion | ฿254.47 Million | — |