TQM CORPORATION (TQM-R) — Working Capital to Net Assets Ratio
TQM CORPORATION (TQM-R) has a Working Capital to Net Assets ratio of 55.3% as of September 2024. Working capital of ฿1.81 Billion (current assets of ฿3.88 Billion minus current liabilities of ฿2.07 Billion) is measured against net assets of ฿3.28 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See TQM-R net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
TQM CORPORATION Working Capital to Net Assets (2014–2023)
This chart shows how TQM CORPORATION's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2014 to 2023. As of September 2024, the ratio stands at 55.3%, reflecting working capital of ฿1.81 Billion against net assets of ฿3.28 Billion THB. Check TQM CORPORATION (TQM-R) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for TQM CORPORATION (2014–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for TQM CORPORATION from 2014 to 2023, covering 10 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 TQM-R market cap.
| Year | WC/NA Ratio | Working Capital (THB) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 62.9% | ฿2.06 Billion | ฿3.27 Billion | ฿3.28 Billion | ฿1.22 Billion | ▲ +20.1 pp |
| 2022 | 42.8% | ฿1.35 Billion | ฿3.16 Billion | ฿2.46 Billion | ฿1.11 Billion | ▲ +0.9 pp |
| 2021 | 41.8% | ฿1.26 Billion | ฿3.01 Billion | ฿1.99 Billion | ฿728.98 Million | ▼ -21.5 pp |
| 2020 | 63.3% | ฿1.52 Billion | ฿2.40 Billion | ฿3.48 Billion | ฿1.96 Billion | ▼ -7.9 pp |
| 2019 | 71.2% | ฿1.67 Billion | ฿2.35 Billion | ฿3.49 Billion | ฿1.82 Billion | ▼ -6.4 pp |
| 2018 | 77.6% | ฿1.67 Billion | ฿2.15 Billion | ฿3.29 Billion | ฿1.62 Billion | ▲ +41.4 pp |
| 2017 | 36.3% | ฿136.51 Million | ฿376.48 Million | ฿1.61 Billion | ฿1.48 Billion | ▼ -22.8 pp |
| 2016 | 59.1% | ฿198.33 Million | ฿335.71 Million | ฿1.69 Billion | ฿1.49 Billion | ▼ -6.6 pp |
| 2015 | 65.6% | ฿266.96 Million | ฿406.66 Million | ฿1.83 Billion | ฿1.56 Billion | ▼ -34.4 pp |
| 2014 | 100.0% | ฿475.74K | ฿475.74K | ฿482.16K | ฿6.42K | — |