Thoresen Thai Agencies Public Company Limited (TTA-R) — Working Capital to Net Assets Ratio
Thoresen Thai Agencies Public Company Limited (TTA-R) has a Working Capital to Net Assets ratio of 20.8% as of June 2025. Working capital of ฿6.51 Billion (current assets of ฿15.40 Billion minus current liabilities of ฿8.89 Billion) is measured against net assets of ฿31.23 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Thoresen Thai Agencies Public Company Li defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Thoresen Thai Agencies Public Company Limited Working Capital to Net Assets (2016–2024)
This chart shows how Thoresen Thai Agencies Public Company Limited's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2016 to 2024. As of June 2025, the ratio stands at 20.8%, reflecting working capital of ฿6.51 Billion against net assets of ฿31.23 Billion THB. For the complete balance sheet picture, see TTA-R current and non-current assets.
Annual Working Capital to Net Assets for Thoresen Thai Agencies Public Company Limited (2016–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Thoresen Thai Agencies Public Company Limited from 2016 to 2024, covering 9 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 TTA-R asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (THB) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 39.3% | ฿12.55 Billion | ฿31.92 Billion | ฿20.56 Billion | ฿8.00 Billion | ▲ +2.8 pp |
| 2023 | 36.6% | ฿10.35 Billion | ฿28.29 Billion | ฿17.24 Billion | ฿6.89 Billion | ▲ +2.1 pp |
| 2022 | 34.5% | ฿9.57 Billion | ฿27.73 Billion | ฿18.02 Billion | ฿8.45 Billion | ▼ -15.3 pp |
| 2021 | 49.8% | ฿12.14 Billion | ฿24.40 Billion | ฿18.76 Billion | ฿6.62 Billion | ▲ +14.1 pp |
| 2020 | 35.6% | ฿6.84 Billion | ฿19.19 Billion | ฿12.32 Billion | ฿5.48 Billion | ▼ -1.6 pp |
| 2019 | 37.2% | ฿8.41 Billion | ฿22.60 Billion | ฿12.31 Billion | ฿3.91 Billion | ▲ +9.1 pp |
| 2018 | 28.1% | ฿6.91 Billion | ฿24.59 Billion | ฿11.70 Billion | ฿4.79 Billion | ▲ +9.5 pp |
| 2017 | 18.7% | ฿4.67 Billion | ฿25.05 Billion | ฿10.92 Billion | ฿6.24 Billion | ▼ -12.4 pp |
| 2016 | 31.0% | ฿8.22 Billion | ฿26.49 Billion | ฿16.12 Billion | ฿7.90 Billion | — |