Jeil Steel Mfg Co. Ltd (023440) — Working Capital to Net Assets Ratio
Jeil Steel Mfg Co. Ltd (023440) has a Working Capital to Net Assets ratio of -26.6% as of September 2025. Working capital of ₩-19.12 Billion (current assets of ₩38.04 Billion minus current liabilities of ₩57.16 Billion) is measured against net assets of ₩71.82 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Jeil Steel Mfg Co. Ltd 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
Jeil Steel Mfg Co. Ltd Working Capital to Net Assets (2015–2024)
This chart shows how Jeil Steel Mfg Co. Ltd's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2015 to 2024. As of September 2025, the ratio stands at -26.6%, reflecting working capital of ₩-19.12 Billion against net assets of ₩71.82 Billion KRW. For the complete balance sheet picture, see 023440 current and non-current assets.
Annual Working Capital to Net Assets for Jeil Steel Mfg Co. Ltd (2015–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Jeil Steel Mfg Co. Ltd from 2015 to 2024, covering 10 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 023440 asset resilience ratio 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 | -53.1% | ₩-25.91 Billion | ₩48.78 Billion | ₩28.17 Billion | ₩54.08 Billion | ▼ -13.3 pp |
| 2023 | -39.8% | ₩-25.02 Billion | ₩62.78 Billion | ₩34.11 Billion | ₩59.12 Billion | ▲ +2.1 pp |
| 2022 | -42.0% | ₩-26.51 Billion | ₩63.17 Billion | ₩35.92 Billion | ₩62.43 Billion | ▼ -63.3 pp |
| 2021 | 21.3% | ₩17.21 Billion | ₩80.80 Billion | ₩67.28 Billion | ₩50.07 Billion | ▲ +20.6 pp |
| 2020 | 0.7% | ₩409.04 Million | ₩62.03 Billion | ₩30.47 Billion | ₩30.06 Billion | ▲ +3.5 pp |
| 2019 | -2.8% | ₩-1.70 Billion | ₩61.04 Billion | ₩14.02 Billion | ₩15.73 Billion | ▲ +6.6 pp |
| 2018 | -9.3% | ₩-5.57 Billion | ₩59.63 Billion | ₩16.28 Billion | ₩21.85 Billion | ▲ +3.9 pp |
| 2017 | -13.3% | ₩-7.87 Billion | ₩59.29 Billion | ₩15.59 Billion | ₩23.46 Billion | ▼ -12.6 pp |
| 2016 | -0.7% | ₩-389.69 Million | ₩57.54 Billion | ₩16.35 Billion | ₩16.74 Billion | ▲ +22.5 pp |
| 2015 | -23.2% | ₩-12.05 Billion | ₩51.99 Billion | ₩24.94 Billion | ₩36.99 Billion | — |