Tipco Asphalt Public Company Limited (TPY1) — Working Capital to Net Assets Ratio
Tipco Asphalt Public Company Limited (TPY1) has a Working Capital to Net Assets ratio of 44.0% as of December 2025. Working capital of €6.10 Billion (current assets of €13.53 Billion minus current liabilities of €7.43 Billion) is measured against net assets of €13.87 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See defensive interval ratio of Tipco Asphalt Public Company Limited to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Tipco Asphalt Public Company Limited Working Capital to Net Assets (2016–2025)
This chart shows how Tipco Asphalt Public Company Limited's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2016 to 2025. As of December 2025, the ratio stands at 44.0%, reflecting working capital of €6.10 Billion against net assets of €13.87 Billion EUR. For the complete balance sheet picture, see TPY1 total assets.
Annual Working Capital to Net Assets for Tipco Asphalt Public Company Limited (2016–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Tipco Asphalt Public Company Limited from 2016 to 2025, 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. Explore Tipco Asphalt Public Company Limited strategic investment ratio to see how much of total assets are deployed in long-term investments.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 44.0% | €6.10 Billion | €13.87 Billion | €13.53 Billion | €7.43 Billion | ▼ -5.5 pp |
| 2024 | 49.5% | €7.96 Billion | €16.09 Billion | €14.93 Billion | €6.96 Billion | ▼ -0.4 pp |
| 2023 | 49.9% | €8.44 Billion | €16.90 Billion | €14.38 Billion | €5.94 Billion | ▲ +2.4 pp |
| 2022 | 47.5% | €7.98 Billion | €16.79 Billion | €16.51 Billion | €8.53 Billion | ▲ +7.6 pp |
| 2021 | 40.0% | €6.37 Billion | €15.94 Billion | €14.27 Billion | €7.90 Billion | ▲ +5.4 pp |
| 2020 | 34.6% | €5.20 Billion | €15.02 Billion | €11.11 Billion | €5.92 Billion | ▲ +7.4 pp |
| 2019 | 27.2% | €3.69 Billion | €13.58 Billion | €15.16 Billion | €11.47 Billion | ▲ +4.0 pp |
| 2018 | 23.2% | €2.91 Billion | €12.54 Billion | €14.39 Billion | €11.48 Billion | ▼ -0.2 pp |
| 2017 | 23.4% | €3.03 Billion | €12.93 Billion | €9.25 Billion | €6.23 Billion | ▼ -1.4 pp |
| 2016 | 24.9% | €3.05 Billion | €12.27 Billion | €9.36 Billion | €6.31 Billion | — |