Shinhan Seobu T&D REIT Co Ltd (404990) — Working Capital to Net Assets Ratio
Shinhan Seobu T&D REIT Co Ltd (404990) has a Working Capital to Net Assets ratio of -81.7% as of September 2025. Working capital of ₩-281.02 Billion (current assets of ₩36.15 Billion minus current liabilities of ₩317.18 Billion) is measured against net assets of ₩344.10 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 404990 financial flexibility score to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Shinhan Seobu T&D REIT Co Ltd Working Capital to Net Assets (2021–2026)
This chart shows how Shinhan Seobu T&D REIT Co Ltd's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2021 to 2026. As of September 2025, the ratio stands at -81.7%, reflecting working capital of ₩-281.02 Billion against net assets of ₩344.10 Billion KRW. See Shinhan Seobu T&D REIT Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Shinhan Seobu T&D REIT Co Ltd (2021–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shinhan Seobu T&D REIT Co Ltd from 2021 to 2026, covering 6 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 Seobu T&D REIT Co Ltd stock valuation.
| Year | WC/NA Ratio | Working Capital (KRW) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | -115.1% | ₩-405.87 Billion | ₩352.66 Billion | ₩100.18 Billion | ₩506.05 Billion | ▼ -42.9 pp |
| 2025 | -72.2% | ₩-250.42 Billion | ₩346.71 Billion | ₩47.82 Billion | ₩298.24 Billion | ▼ -53.7 pp |
| 2024 | -18.6% | ₩-47.31 Billion | ₩254.89 Billion | ₩32.26 Billion | ₩79.57 Billion | ▲ +41.5 pp |
| 2023 | -60.1% | ₩-157.57 Billion | ₩262.39 Billion | ₩41.75 Billion | ₩199.31 Billion | ▼ -73.9 pp |
| 2022 | 13.9% | ₩37.47 Billion | ₩270.13 Billion | ₩44.10 Billion | ₩6.63 Billion | ▲ +19.2 pp |
| 2021 | -5.3% | ₩-7.44 Billion | ₩139.83 Billion | ₩33.90 Billion | ₩41.34 Billion | — |