Thai O.P.P. Public Company Limited (TOPP) — Working Capital to Net Assets Ratio

Latest as of September 2025: 63.4%

Thai O.P.P. Public Company Limited (TOPP) has a Working Capital to Net Assets ratio of 63.4% as of September 2025. Working capital of ฿1.10 Billion (current assets of ฿1.30 Billion minus current liabilities of ฿197.65 Million) is measured against net assets of ฿1.73 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Thai O.P.P. Public Company Limited net asset quality index to measure how much of total assets are equity-financed.

WC/NA Ratio

63.4%
Working Capital / Net Assets

Working Capital

฿1.10 Billion
THB

Current Assets

฿1.30 Billion
THB

Current Liabilities

฿197.65 Million
THB

Thai O.P.P. Public Company Limited Working Capital to Net Assets (2005–2024)

This chart shows how Thai O.P.P. Public Company Limited's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2005 to 2024. As of September 2025, the ratio stands at 63.4%, reflecting working capital of ฿1.10 Billion against net assets of ฿1.73 Billion THB. Check Thai O.P.P. Public Company Limited (TOPP) tangible net worth to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for Thai O.P.P. Public Company Limited (2005–2024)

The table below presents the year-by-year Working Capital to Net Assets ratio for Thai O.P.P. Public Company Limited from 2005 to 2024, covering 20 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 TOPP market cap overview.

Year WC/NA Ratio Working Capital (THB) Net Assets Current Assets Current Liabilities Change (pp)
2024 63.4% ฿1.07 Billion ฿1.69 Billion ฿1.25 Billion ฿181.24 Million ▲ +4.3 pp
2023 59.1% ฿960.11 Million ฿1.62 Billion ฿1.13 Billion ฿166.27 Million ▼ -1.2 pp
2022 60.3% ฿931.91 Million ฿1.55 Billion ฿1.07 Billion ฿142.83 Million ▼ -4.5 pp
2021 64.8% ฿964.68 Million ฿1.49 Billion ฿1.11 Billion ฿149.34 Million ▲ +3.9 pp
2020 60.9% ฿867.29 Million ฿1.42 Billion ฿1.02 Billion ฿151.60 Million ▲ +3.7 pp
2019 57.2% ฿761.53 Million ฿1.33 Billion ฿902.21 Million ฿140.69 Million ▲ +2.8 pp
2018 54.4% ฿677.53 Million ฿1.24 Billion ฿836.93 Million ฿159.40 Million ▲ +6.7 pp
2017 47.7% ฿564.93 Million ฿1.18 Billion ฿779.38 Million ฿214.45 Million ▼ -7.7 pp
2016 55.5% ฿613.27 Million ฿1.11 Billion ฿755.79 Million ฿142.53 Million ▲ +6.5 pp
2015 49.0% ฿501.68 Million ฿1.02 Billion ฿708.53 Million ฿206.85 Million ▲ +3.2 pp
2014 45.8% ฿435.57 Million ฿950.04 Million ฿595.76 Million ฿160.19 Million ▲ +5.8 pp
2013 40.1% ฿352.58 Million ฿879.44 Million ฿502.61 Million ฿150.03 Million ▼ -4.6 pp
2012 44.7% ฿358.46 Million ฿801.54 Million ฿521.67 Million ฿163.22 Million ▼ -1.4 pp
2011 46.1% ฿339.51 Million ฿736.21 Million ฿528.72 Million ฿189.21 Million ▼ -3.3 pp
2010 49.4% ฿336.15 Million ฿680.70 Million ฿463.99 Million ฿127.84 Million ▼ -0.1 pp
2009 49.4% ฿307.80 Million ฿622.52 Million ฿422.84 Million ฿115.04 Million ▲ +0.2 pp
2008 49.2% ฿284.13 Million ฿577.57 Million ฿429.65 Million ฿145.51 Million ▼ -3.2 pp
2007 52.4% ฿285.73 Million ฿545.46 Million ฿439.68 Million ฿153.95 Million ▲ +7.0 pp
2006 45.3% ฿236.73 Million ฿522.13 Million ฿368.58 Million ฿131.85 Million ▼ -5.7 pp
2005 51.0% ฿254.69 Million ฿499.05 Million ฿398.17 Million ฿143.47 Million
pp = percentage points