TPBI PCL (TPBI) — Working Capital to Net Assets Ratio
TPBI PCL (TPBI) has a Working Capital to Net Assets ratio of 37.9% as of December 2025. Working capital of ฿1.15 Billion (current assets of ฿1.93 Billion minus current liabilities of ฿780.59 Million) is measured against net assets of ฿3.03 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of TPBI PCL to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
TPBI PCL Working Capital to Net Assets (2014–2025)
This chart shows how TPBI PCL's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2014 to 2025. As of December 2025, the ratio stands at 37.9%, reflecting working capital of ฿1.15 Billion against net assets of ฿3.03 Billion THB. See TPBI PCL (TPBI) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for TPBI PCL (2014–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for TPBI PCL from 2014 to 2025, covering 12 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 TPBI PCL.
| Year | WC/NA Ratio | Working Capital (THB) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 37.9% | ฿1.15 Billion | ฿3.03 Billion | ฿1.93 Billion | ฿780.59 Million | ▲ +5.5 pp |
| 2024 | 32.4% | ฿962.35 Million | ฿2.97 Billion | ฿2.11 Billion | ฿1.15 Billion | ▲ +7.4 pp |
| 2023 | 25.0% | ฿717.28 Million | ฿2.87 Billion | ฿2.06 Billion | ฿1.35 Billion | ▲ +6.0 pp |
| 2022 | 19.1% | ฿519.05 Million | ฿2.72 Billion | ฿2.22 Billion | ฿1.70 Billion | ▲ +8.3 pp |
| 2021 | 10.7% | ฿273.57 Million | ฿2.55 Billion | ฿2.49 Billion | ฿2.22 Billion | ▲ +5.2 pp |
| 2020 | 5.6% | ฿142.77 Million | ฿2.56 Billion | ฿1.99 Billion | ฿1.85 Billion | ▲ +4.2 pp |
| 2019 | 1.4% | ฿33.71 Million | ฿2.35 Billion | ฿1.72 Billion | ฿1.68 Billion | ▼ -7.7 pp |
| 2018 | 9.1% | ฿228.89 Million | ฿2.51 Billion | ฿2.02 Billion | ฿1.79 Billion | ▼ -25.9 pp |
| 2017 | 35.1% | ฿946.52 Million | ฿2.70 Billion | ฿2.22 Billion | ฿1.27 Billion | ▼ -17.4 pp |
| 2016 | 52.4% | ฿1.44 Billion | ฿2.74 Billion | ฿2.37 Billion | ฿936.74 Million | ▲ +26.6 pp |
| 2015 | 25.9% | ฿390.91 Million | ฿1.51 Billion | ฿1.55 Billion | ฿1.16 Billion | ▼ -1.9 pp |
| 2014 | 27.7% | ฿353.87 Million | ฿1.28 Billion | ฿1.46 Billion | ฿1.11 Billion | — |