Thai Wire Products Public Company Limited (TWP) — Working Capital to Net Assets Ratio
Thai Wire Products Public Company Limited (TWP) has a Working Capital to Net Assets ratio of 54.6% as of September 2025. Working capital of ฿729.75 Million (current assets of ฿884.89 Million minus current liabilities of ฿155.14 Million) is measured against net assets of ฿1.34 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Thai Wire Products Public Company Limite defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Thai Wire Products Public Company Limited Working Capital to Net Assets (2002–2024)
This chart shows how Thai Wire Products Public Company Limited's Working Capital to Net Assets ratio has evolved across 23 annual periods from 2002 to 2024. As of September 2025, the ratio stands at 54.6%, reflecting working capital of ฿729.75 Million against net assets of ฿1.34 Billion THB. For the complete balance sheet picture, see balance sheet size of Thai Wire Products Public Company Limite.
Annual Working Capital to Net Assets for Thai Wire Products Public Company Limited (2002–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Thai Wire Products Public Company Limited from 2002 to 2024, covering 23 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 TWP 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) |
|---|---|---|---|---|---|---|
| 2024 | 51.6% | ฿676.89 Million | ฿1.31 Billion | ฿815.71 Million | ฿138.82 Million | ▼ -1.7 pp |
| 2023 | 53.2% | ฿736.57 Million | ฿1.38 Billion | ฿882.87 Million | ฿146.30 Million | ▼ -6.1 pp |
| 2022 | 59.4% | ฿877.51 Million | ฿1.48 Billion | ฿1.22 Billion | ฿339.44 Million | ▼ -1.4 pp |
| 2021 | 60.8% | ฿948.56 Million | ฿1.56 Billion | ฿1.37 Billion | ฿425.63 Million | ▲ +3.3 pp |
| 2020 | 57.5% | ฿853.54 Million | ฿1.48 Billion | ฿936.85 Million | ฿83.31 Million | ▼ -0.6 pp |
| 2019 | 58.1% | ฿890.95 Million | ฿1.53 Billion | ฿1.07 Billion | ฿175.00 Million | ▲ +2.3 pp |
| 2018 | 55.7% | ฿899.73 Million | ฿1.61 Billion | ฿1.14 Billion | ฿245.23 Million | ▲ +7.2 pp |
| 2017 | 48.6% | ฿780.27 Million | ฿1.61 Billion | ฿1.10 Billion | ฿322.42 Million | ▼ -0.8 pp |
| 2016 | 49.4% | ฿761.63 Million | ฿1.54 Billion | ฿855.11 Million | ฿93.48 Million | ▼ -6.8 pp |
| 2015 | 56.1% | ฿862.66 Million | ฿1.54 Billion | ฿919.74 Million | ฿57.08 Million | ▼ -0.5 pp |
| 2014 | 56.6% | ฿854.96 Million | ฿1.51 Billion | ฿928.50 Million | ฿73.53 Million | ▲ +12.1 pp |
| 2013 | 44.6% | ฿524.97 Million | ฿1.18 Billion | ฿939.45 Million | ฿414.48 Million | ▼ -15.2 pp |
| 2012 | 59.7% | ฿571.70 Million | ฿957.53 Million | ฿776.60 Million | ฿204.89 Million | ▼ -6.9 pp |
| 2011 | 66.6% | ฿572.84 Million | ฿859.77 Million | ฿853.24 Million | ฿280.41 Million | ▼ -6.2 pp |
| 2010 | 72.8% | ฿589.94 Million | ฿809.93 Million | ฿828.58 Million | ฿238.64 Million | ▼ -9.2 pp |
| 2009 | 82.0% | ฿626.34 Million | ฿763.75 Million | ฿815.80 Million | ฿189.46 Million | ▼ -31.2 pp |
| 2008 | 113.2% | ฿865.38 Million | ฿764.21 Million | ฿1.00 Billion | ฿138.31 Million | ▼ -2.4 pp |
| 2007 | 115.7% | ฿830.81 Million | ฿718.33 Million | ฿1.04 Billion | ฿205.95 Million | ▼ -5.5 pp |
| 2006 | 121.2% | ฿710.39 Million | ฿586.33 Million | ฿847.23 Million | ฿136.84 Million | ▼ -47.2 pp |
| 2005 | 168.4% | ฿712.04 Million | ฿422.83 Million | ฿822.30 Million | ฿110.27 Million | ▼ -75.1 pp |
| 2004 | 243.5% | ฿627.26 Million | ฿257.56 Million | ฿727.56 Million | ฿100.30 Million | ▲ +272.9 pp |
| 2003 | -29.3% | ฿494.37 Million | ฿-1.68 Billion | ฿579.01 Million | ฿84.64 Million | ▲ +1.2 pp |
| 2002 | -30.5% | ฿503.06 Million | ฿-1.65 Billion | ฿532.73 Million | ฿29.67 Million | — |