Thai O.P.P. Public Company Limited (TOPP) — Working Capital to Net Assets Ratio
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 TOPP financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
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. See TOPP defensive interval ratio to measure how many days the company can operate on defensive assets alone.
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 company net worth.
| 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 | — |