Mi Chang Oil (003650) — Working Capital to Net Assets Ratio
Mi Chang Oil (003650) has a Working Capital to Net Assets ratio of 77.5% as of December 2025. Working capital of ₩371.36 Billion (current assets of ₩410.34 Billion minus current liabilities of ₩38.98 Billion) is measured against net assets of ₩479.41 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Mi Chang Oil balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Mi Chang Oil Working Capital to Net Assets (2009–2025)
This chart shows how Mi Chang Oil's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2009 to 2025. As of December 2025, the ratio stands at 77.5%, reflecting working capital of ₩371.36 Billion against net assets of ₩479.41 Billion KRW. Check Mi Chang Oil tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Mi Chang Oil (2009–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Mi Chang Oil from 2009 to 2025, covering 17 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. For live market cap and the full company profile, see market value of Mi Chang Oil.
| Year | WC/NA Ratio | Working Capital (KRW) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 77.5% | ₩371.36 Billion | ₩479.41 Billion | ₩410.34 Billion | ₩38.98 Billion | ▲ +6.6 pp |
| 2024 | 70.9% | ₩292.47 Billion | ₩412.51 Billion | ₩360.99 Billion | ₩68.52 Billion | ▲ +4.3 pp |
| 2023 | 66.6% | ₩242.99 Billion | ₩364.86 Billion | ₩289.59 Billion | ₩46.60 Billion | ▼ -6.1 pp |
| 2022 | 72.7% | ₩233.56 Billion | ₩321.14 Billion | ₩266.51 Billion | ₩32.95 Billion | ▼ -0.5 pp |
| 2021 | 73.3% | ₩221.26 Billion | ₩301.98 Billion | ₩260.43 Billion | ₩39.16 Billion | ▲ +4.1 pp |
| 2020 | 69.1% | ₩191.62 Billion | ₩277.13 Billion | ₩219.11 Billion | ₩27.49 Billion | ▲ +0.2 pp |
| 2019 | 68.9% | ₩177.72 Billion | ₩257.95 Billion | ₩209.49 Billion | ₩31.77 Billion | ▼ -3.5 pp |
| 2018 | 72.4% | ₩181.01 Billion | ₩250.06 Billion | ₩212.73 Billion | ₩31.72 Billion | ▼ -6.8 pp |
| 2017 | 79.2% | ₩196.23 Billion | ₩247.93 Billion | ₩228.56 Billion | ₩32.32 Billion | ▼ -0.2 pp |
| 2016 | 79.4% | ₩193.54 Billion | ₩243.84 Billion | ₩228.49 Billion | ₩34.95 Billion | ▲ +11.6 pp |
| 2015 | 67.7% | ₩146.20 Billion | ₩215.89 Billion | ₩180.67 Billion | ₩34.46 Billion | ▲ +3.4 pp |
| 2014 | 64.3% | ₩124.92 Billion | ₩194.29 Billion | ₩145.29 Billion | ₩20.37 Billion | ▲ +0.5 pp |
| 2013 | 63.8% | ₩115.84 Billion | ₩181.70 Billion | ₩139.86 Billion | ₩24.02 Billion | ▼ -5.0 pp |
| 2012 | 68.7% | ₩115.45 Billion | ₩167.97 Billion | ₩147.92 Billion | ₩32.47 Billion | ▲ +4.7 pp |
| 2011 | 64.0% | ₩94.94 Billion | ₩148.28 Billion | ₩139.11 Billion | ₩44.17 Billion | ▼ -5.9 pp |
| 2010 | 70.0% | ₩92.41 Billion | ₩132.09 Billion | ₩141.27 Billion | ₩48.86 Billion | ▼ -8.5 pp |
| 2009 | 78.4% | ₩88.49 Billion | ₩112.81 Billion | ₩140.33 Billion | ₩51.84 Billion | — |