Vichitbhan Palmoil Public Company Limited (VPO) — Working Capital to Net Assets Ratio
Vichitbhan Palmoil Public Company Limited (VPO) has a Working Capital to Net Assets ratio of -12.3% as of June 2026. Working capital of ฿-57.36 Million (current assets of ฿499.78 Million minus current liabilities of ฿557.14 Million) is measured against net assets of ฿465.29 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Vichitbhan Palmoil Public Company Limite (VPO) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Vichitbhan Palmoil Public Company Limited Working Capital to Net Assets (2012–2025)
This chart shows how Vichitbhan Palmoil Public Company Limited's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2012 to 2025. As of June 2026, the ratio stands at -12.3%, reflecting working capital of ฿-57.36 Million against net assets of ฿465.29 Million THB. For the complete balance sheet picture, see Vichitbhan Palmoil Public Company Limite asset portfolio.
Annual Working Capital to Net Assets for Vichitbhan Palmoil Public Company Limited (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Vichitbhan Palmoil Public Company Limited from 2012 to 2025, covering 14 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 Vichitbhan Palmoil Public Company Limite liquidity 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) |
|---|---|---|---|---|---|---|
| 2025 | 10.7% | ฿58.80 Million | ฿549.66 Million | ฿221.28 Million | ฿162.48 Million | ▲ +7.9 pp |
| 2024 | 2.8% | ฿14.78 Million | ฿529.19 Million | ฿76.39 Million | ฿61.61 Million | ▲ +16.7 pp |
| 2023 | -13.9% | ฿-67.12 Million | ฿483.64 Million | ฿114.32 Million | ฿181.44 Million | ▼ -11.7 pp |
| 2022 | -2.2% | ฿-13.10 Million | ฿597.14 Million | ฿111.29 Million | ฿124.39 Million | ▲ +11.2 pp |
| 2021 | -13.4% | ฿-77.99 Million | ฿581.38 Million | ฿180.00 Million | ฿257.99 Million | ▲ +31.6 pp |
| 2020 | -45.0% | ฿-240.82 Million | ฿535.15 Million | ฿158.61 Million | ฿399.43 Million | ▲ +11.2 pp |
| 2019 | -56.2% | ฿-319.73 Million | ฿569.26 Million | ฿154.75 Million | ฿474.48 Million | ▼ -3.3 pp |
| 2018 | -52.8% | ฿-325.85 Million | ฿616.71 Million | ฿135.34 Million | ฿461.18 Million | ▼ -15.3 pp |
| 2017 | -37.5% | ฿-266.30 Million | ฿709.42 Million | ฿265.56 Million | ฿531.86 Million | ▼ -23.7 pp |
| 2016 | -13.8% | ฿-124.73 Million | ฿902.09 Million | ฿340.11 Million | ฿464.85 Million | ▼ -16.4 pp |
| 2015 | 2.5% | ฿28.10 Million | ฿1.11 Billion | ฿213.43 Million | ฿185.33 Million | ▼ -7.4 pp |
| 2014 | 9.9% | ฿127.15 Million | ฿1.28 Billion | ฿323.91 Million | ฿196.76 Million | ▲ +37.7 pp |
| 2013 | -27.8% | ฿-254.99 Million | ฿917.51 Million | ฿242.58 Million | ฿497.57 Million | ▼ -7.6 pp |
| 2012 | -20.2% | ฿-215.28 Million | ฿1.07 Billion | ฿370.46 Million | ฿585.74 Million | — |