S-Oil Corp (010950) — Working Capital to Net Assets Ratio
S-Oil Corp (010950) has a Working Capital to Net Assets ratio of -40.5% as of December 2025. Working capital of ₩-3.60 Trillion (current assets of ₩8.62 Trillion minus current liabilities of ₩12.21 Trillion) is measured against net assets of ₩8.89 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 010950 financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
S-Oil Corp Working Capital to Net Assets (2013–2025)
This chart shows how S-Oil Corp's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of December 2025, the ratio stands at -40.5%, reflecting working capital of ₩-3.60 Trillion against net assets of ₩8.89 Trillion KRW. See 010950 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for S-Oil Corp (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for S-Oil Corp from 2013 to 2025, covering 13 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 cap of S-Oil Corp.
| Year | WC/NA Ratio | Working Capital (KRW) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -40.5% | ₩-3.60 Trillion | ₩8.89 Trillion | ₩8.62 Trillion | ₩12.21 Trillion | ▼ -22.0 pp |
| 2024 | -18.5% | ₩-1.61 Trillion | ₩8.70 Trillion | ₩10.05 Trillion | ₩11.66 Trillion | ▼ -22.9 pp |
| 2023 | 4.4% | ₩393.24 Billion | ₩9.04 Trillion | ₩9.65 Trillion | ₩9.25 Trillion | ▼ -7.4 pp |
| 2022 | 11.7% | ₩992.82 Billion | ₩8.48 Trillion | ₩9.21 Trillion | ₩8.21 Trillion | ▲ +13.5 pp |
| 2021 | -1.8% | ₩-127.60 Billion | ₩6.99 Trillion | ₩8.38 Trillion | ₩8.51 Trillion | ▲ +25.8 pp |
| 2020 | -27.6% | ₩-1.57 Trillion | ₩5.68 Trillion | ₩5.00 Trillion | ₩6.57 Trillion | ▼ -25.8 pp |
| 2019 | -1.8% | ₩-119.80 Billion | ₩6.50 Trillion | ₩5.63 Trillion | ₩5.75 Trillion | ▼ -2.9 pp |
| 2018 | 1.0% | ₩65.46 Billion | ₩6.47 Trillion | ₩5.85 Trillion | ₩5.79 Trillion | ▼ -31.6 pp |
| 2017 | 32.6% | ₩2.23 Trillion | ₩6.84 Trillion | ₩6.77 Trillion | ₩4.54 Trillion | ▼ -16.6 pp |
| 2016 | 49.2% | ₩3.14 Trillion | ₩6.39 Trillion | ₩7.97 Trillion | ₩4.83 Trillion | ▲ +3.4 pp |
| 2015 | 45.8% | ₩2.47 Trillion | ₩5.39 Trillion | ₩5.69 Trillion | ₩3.22 Trillion | ▲ +10.1 pp |
| 2014 | 35.7% | ₩1.75 Trillion | ₩4.91 Trillion | ₩5.71 Trillion | ₩3.96 Trillion | ▼ -2.2 pp |
| 2013 | 37.9% | ₩2.03 Trillion | ₩5.35 Trillion | ₩7.91 Trillion | ₩5.88 Trillion | — |