Shinhan Alpha REIT Co Ltd (293940) — Working Capital to Net Assets Ratio
Shinhan Alpha REIT Co Ltd (293940) has a Working Capital to Net Assets ratio of -136.2% as of June 2025. Working capital of ₩-1.10 Trillion (current assets of ₩91.23 Billion minus current liabilities of ₩1.19 Trillion) is measured against net assets of ₩806.53 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Shinhan Alpha REIT Co Ltd balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Shinhan Alpha REIT Co Ltd Working Capital to Net Assets (2018–2024)
This chart shows how Shinhan Alpha REIT Co Ltd's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2018 to 2024. As of June 2025, the ratio stands at -136.2%, reflecting working capital of ₩-1.10 Trillion against net assets of ₩806.53 Billion KRW. Check Shinhan Alpha REIT Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Shinhan Alpha REIT Co Ltd (2018–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shinhan Alpha REIT Co Ltd from 2018 to 2024, covering 7 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 Shinhan Alpha REIT Co Ltd market capitalisation.
| Year | WC/NA Ratio | Working Capital (KRW) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -50.9% | ₩-421.17 Billion | ₩827.84 Billion | ₩100.50 Billion | ₩521.67 Billion | ▼ -65.5 pp |
| 2023 | 14.7% | ₩87.20 Billion | ₩595.19 Billion | ₩106.30 Billion | ₩19.10 Billion | ▲ +88.2 pp |
| 2022 | -73.6% | ₩-357.30 Billion | ₩485.77 Billion | ₩54.32 Billion | ₩411.63 Billion | ▼ -37.0 pp |
| 2021 | -36.6% | ₩-125.78 Billion | ₩343.83 Billion | ₩52.79 Billion | ₩178.57 Billion | ▼ -4.5 pp |
| 2020 | -32.1% | ₩-114.63 Billion | ₩356.90 Billion | ₩40.42 Billion | ₩155.05 Billion | ▼ -36.3 pp |
| 2019 | 4.2% | ₩11.58 Billion | ₩278.57 Billion | ₩20.92 Billion | ₩9.34 Billion | ▼ -1.3 pp |
| 2018 | 5.5% | ₩12.97 Billion | ₩236.82 Billion | ₩18.20 Billion | ₩5.23 Billion | — |