Thanapiriya Public Company Limited (TNP) — Working Capital to Net Assets Ratio
Thanapiriya Public Company Limited (TNP) has a Working Capital to Net Assets ratio of 27.2% as of September 2025. Working capital of ฿343.12 Million (current assets of ฿599.73 Million minus current liabilities of ฿256.61 Million) is measured against net assets of ฿1.26 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Thanapiriya Public Company Limited balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Thanapiriya Public Company Limited Working Capital to Net Assets (2012–2024)
This chart shows how Thanapiriya Public Company Limited's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 27.2%, reflecting working capital of ฿343.12 Million against net assets of ฿1.26 Billion THB. Check TNP tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Thanapiriya Public Company Limited (2012–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Thanapiriya Public Company Limited from 2012 to 2024, 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. For live market cap and the full company profile, see TNP company net worth.
| Year | WC/NA Ratio | Working Capital (THB) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 27.0% | ฿321.94 Million | ฿1.19 Billion | ฿605.28 Million | ฿283.34 Million | ▼ -0.6 pp |
| 2023 | 27.5% | ฿297.16 Million | ฿1.08 Billion | ฿536.32 Million | ฿239.15 Million | ▲ +1.0 pp |
| 2022 | 26.5% | ฿262.47 Million | ฿990.56 Million | ฿447.92 Million | ฿185.45 Million | ▼ -1.3 pp |
| 2021 | 27.8% | ฿252.81 Million | ฿909.54 Million | ฿455.47 Million | ฿202.66 Million | ▲ +1.9 pp |
| 2020 | 25.9% | ฿205.11 Million | ฿790.58 Million | ฿378.23 Million | ฿173.13 Million | ▼ -0.8 pp |
| 2019 | 26.7% | ฿188.43 Million | ฿704.67 Million | ฿347.43 Million | ฿159.00 Million | ▲ +2.1 pp |
| 2018 | 24.7% | ฿160.05 Million | ฿648.49 Million | ฿347.28 Million | ฿187.23 Million | ▲ +1.8 pp |
| 2017 | 22.9% | ฿138.97 Million | ฿607.35 Million | ฿348.83 Million | ฿209.86 Million | ▼ -17.4 pp |
| 2016 | 40.3% | ฿229.70 Million | ฿570.33 Million | ฿369.58 Million | ฿139.87 Million | ▼ -24.0 pp |
| 2015 | 64.3% | ฿354.12 Million | ฿550.61 Million | ฿479.75 Million | ฿125.64 Million | ▲ +38.5 pp |
| 2014 | 25.9% | ฿56.99 Million | ฿220.45 Million | ฿219.48 Million | ฿162.49 Million | ▲ +6.3 pp |
| 2013 | 19.6% | ฿23.83 Million | ฿121.72 Million | ฿229.76 Million | ฿205.93 Million | ▲ +117.5 pp |
| 2012 | -97.9% | ฿-30.16 Million | ฿30.80 Million | ฿115.80 Million | ฿145.96 Million | — |