Kwang Myung El (017040) — Working Capital to Net Assets Ratio
Kwang Myung El (017040) has a Working Capital to Net Assets ratio of -42.1% as of September 2025. Working capital of ₩-20.91 Billion (current assets of ₩53.47 Billion minus current liabilities of ₩74.37 Billion) is measured against net assets of ₩49.62 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Kwang Myung El defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Kwang Myung El Working Capital to Net Assets (2013–2024)
This chart shows how Kwang Myung El's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2013 to 2024. As of September 2025, the ratio stands at -42.1%, reflecting working capital of ₩-20.91 Billion against net assets of ₩49.62 Billion KRW. For the complete balance sheet picture, see 017040 total asset value.
Annual Working Capital to Net Assets for Kwang Myung El (2013–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Kwang Myung El from 2013 to 2024, covering 12 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 financial resilience of Kwang Myung El to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (KRW) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 9.4% | ₩6.79 Billion | ₩72.29 Billion | ₩62.76 Billion | ₩55.97 Billion | ▼ -40.3 pp |
| 2023 | 49.7% | ₩65.00 Billion | ₩130.79 Billion | ₩118.88 Billion | ₩53.88 Billion | ▲ +0.7 pp |
| 2022 | 49.0% | ₩58.06 Billion | ₩118.45 Billion | ₩107.72 Billion | ₩49.66 Billion | ▼ -6.1 pp |
| 2021 | 55.1% | ₩63.46 Billion | ₩115.14 Billion | ₩112.59 Billion | ₩49.13 Billion | ▲ +16.0 pp |
| 2020 | 39.1% | ₩42.97 Billion | ₩109.79 Billion | ₩92.82 Billion | ₩49.85 Billion | ▼ -0.7 pp |
| 2019 | 39.8% | ₩41.99 Billion | ₩105.40 Billion | ₩87.13 Billion | ₩45.13 Billion | ▲ +5.7 pp |
| 2018 | 34.2% | ₩33.72 Billion | ₩98.75 Billion | ₩69.98 Billion | ₩36.26 Billion | ▲ +1.3 pp |
| 2017 | 32.8% | ₩31.73 Billion | ₩96.65 Billion | ₩72.83 Billion | ₩41.09 Billion | ▲ +3.3 pp |
| 2016 | 29.6% | ₩28.99 Billion | ₩98.06 Billion | ₩72.30 Billion | ₩43.30 Billion | ▼ -22.1 pp |
| 2015 | 51.7% | ₩45.37 Billion | ₩87.83 Billion | ₩83.06 Billion | ₩37.68 Billion | ▲ +0.3 pp |
| 2014 | 51.4% | ₩40.43 Billion | ₩78.70 Billion | ₩93.73 Billion | ₩53.30 Billion | ▲ +4.5 pp |
| 2013 | 46.8% | ₩32.71 Billion | ₩69.85 Billion | ₩78.31 Billion | ₩45.60 Billion | — |