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 operational self-sufficiency of TQM CORPORATION to measure how many days the company can operate on defensive assets alone.
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. For the complete balance sheet picture, see TQM CORPORATION asset portfolio.
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. Check TQM-R financial resilience to evaluate the company's liquid asset resilience ratio.
| 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 | — |