Woongjin Co Ltd (016880) — Working Capital to Net Assets Ratio

Latest as of September 2025: -18.7%

Woongjin Co Ltd (016880) has a Working Capital to Net Assets ratio of -18.7% as of September 2025. Working capital of ₩-66.46 Billion (current assets of ₩956.60 Billion minus current liabilities of ₩1.02 Trillion) is measured against net assets of ₩355.07 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of Woongjin Co Ltd to measure how much of total assets are equity-financed.

WC/NA Ratio

-18.7%
Working Capital / Net Assets

Working Capital

₩-66.46 Billion
KRW

Current Assets

₩956.60 Billion
KRW

Current Liabilities

₩1.02 Trillion
KRW

Woongjin Co Ltd Working Capital to Net Assets (2007–2024)

This chart shows how Woongjin Co Ltd's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2007 to 2024. As of September 2025, the ratio stands at -18.7%, reflecting working capital of ₩-66.46 Billion against net assets of ₩355.07 Billion KRW. Check 016880 tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for Woongjin Co Ltd (2007–2024)

The table below presents the year-by-year Working Capital to Net Assets ratio for Woongjin Co Ltd from 2007 to 2024, covering 18 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 016880 company net worth.

Year WC/NA Ratio Working Capital (KRW) Net Assets Current Assets Current Liabilities Change (pp)
2024 -145.3% ₩-274.49 Billion ₩188.90 Billion ₩404.12 Billion ₩678.62 Billion ▼ -41.0 pp
2023 -104.3% ₩-199.89 Billion ₩191.62 Billion ₩432.07 Billion ₩631.97 Billion ▲ +5.1 pp
2022 -109.4% ₩-247.50 Billion ₩226.16 Billion ₩481.29 Billion ₩728.79 Billion ▼ -67.8 pp
2021 -41.7% ₩-91.92 Billion ₩220.52 Billion ₩496.56 Billion ₩588.48 Billion ▼ -40.4 pp
2020 -1.3% ₩-2.61 Billion ₩198.13 Billion ₩795.48 Billion ₩798.09 Billion ▼ -6.2 pp
2019 4.9% ₩13.36 Billion ₩274.39 Billion ₩2.59 Trillion ₩2.57 Trillion ▲ +9.9 pp
2018 -5.1% ₩-11.40 Billion ₩225.64 Billion ₩486.33 Billion ₩497.73 Billion ▼ -34.4 pp
2017 29.3% ₩97.82 Billion ₩333.70 Billion ₩612.28 Billion ₩514.46 Billion ▼ -10.2 pp
2016 39.5% ₩140.65 Billion ₩356.07 Billion ₩573.60 Billion ₩432.96 Billion ▼ -9.0 pp
2015 48.5% ₩173.53 Billion ₩357.46 Billion ₩690.03 Billion ₩516.50 Billion ▼ -9.4 pp
2014 58.0% ₩184.91 Billion ₩318.89 Billion ₩901.79 Billion ₩716.88 Billion ▼ -0.6 pp
2013 58.6% ₩264.10 Billion ₩450.48 Billion ₩1.49 Trillion ₩1.22 Trillion ▼ -163.5 pp
2012 222.1% ₩-1.50 Trillion ₩-676.02 Billion ₩1.31 Trillion ₩2.82 Trillion ▲ +269.2 pp
2011 -47.1% ₩-408.72 Billion ₩867.39 Billion ₩1.30 Trillion ₩1.71 Trillion ▼ -45.8 pp
2010 -1.4% ₩-14.63 Billion ₩1.07 Trillion ₩1.25 Trillion ₩1.26 Trillion ▼ -14.6 pp
2009 13.3% ₩241.34 Billion ₩1.82 Trillion ₩2.11 Trillion ₩1.87 Trillion ▼ -9.3 pp
2008 22.5% ₩348.00 Billion ₩1.55 Trillion ₩1.89 Trillion ₩1.54 Trillion ▲ +31.5 pp
2007 -8.9% ₩-123.12 Billion ₩1.38 Trillion ₩1.09 Trillion ₩1.22 Trillion
pp = percentage points