Phoenix Materials Co. Ltd (050090) — Working Capital to Net Assets Ratio
Phoenix Materials Co. Ltd (050090) has a Working Capital to Net Assets ratio of 71.8% as of September 2025. Working capital of ₩8.91 Billion (current assets of ₩11.29 Billion minus current liabilities of ₩2.38 Billion) is measured against net assets of ₩12.41 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 050090 net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Phoenix Materials Co. Ltd Working Capital to Net Assets (2011–2024)
This chart shows how Phoenix Materials Co. Ltd's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 71.8%, reflecting working capital of ₩8.91 Billion against net assets of ₩12.41 Billion KRW. Check 050090 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Phoenix Materials Co. Ltd (2011–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Phoenix Materials Co. Ltd from 2011 to 2024, covering 14 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 Phoenix Materials Co. Ltd (050090) market capitalisation.
| Year | WC/NA Ratio | Working Capital (KRW) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 74.2% | ₩11.17 Billion | ₩15.06 Billion | ₩14.13 Billion | ₩2.97 Billion | ▲ +0.9 pp |
| 2023 | 73.3% | ₩12.61 Billion | ₩17.20 Billion | ₩16.27 Billion | ₩3.65 Billion | ▼ -2.4 pp |
| 2022 | 75.7% | ₩16.84 Billion | ₩22.25 Billion | ₩22.69 Billion | ₩5.85 Billion | ▲ +48.2 pp |
| 2021 | 27.5% | ₩6.89 Billion | ₩25.07 Billion | ₩22.24 Billion | ₩15.36 Billion | ▼ -8.6 pp |
| 2020 | 36.1% | ₩10.12 Billion | ₩28.05 Billion | ₩25.25 Billion | ₩15.12 Billion | ▲ +14.1 pp |
| 2019 | 22.0% | ₩5.99 Billion | ₩27.29 Billion | ₩21.59 Billion | ₩15.59 Billion | ▼ -9.1 pp |
| 2018 | 31.1% | ₩8.66 Billion | ₩27.87 Billion | ₩11.14 Billion | ₩2.48 Billion | ▲ +37.5 pp |
| 2017 | -6.5% | ₩-1.99 Billion | ₩30.82 Billion | ₩9.20 Billion | ₩11.19 Billion | ▲ +38.2 pp |
| 2016 | -44.6% | ₩-12.98 Billion | ₩29.08 Billion | ₩8.06 Billion | ₩21.04 Billion | ▼ -10.8 pp |
| 2015 | -33.8% | ₩-7.41 Billion | ₩21.91 Billion | ₩5.06 Billion | ₩12.47 Billion | ▲ +81.5 pp |
| 2014 | -115.4% | ₩-32.26 Billion | ₩27.97 Billion | ₩9.63 Billion | ₩41.89 Billion | ▼ -77.2 pp |
| 2013 | -38.1% | ₩-16.51 Billion | ₩43.28 Billion | ₩21.50 Billion | ₩38.01 Billion | ▲ +0.3 pp |
| 2012 | -38.4% | ₩-17.43 Billion | ₩45.35 Billion | ₩22.99 Billion | ₩40.42 Billion | ▲ +48.8 pp |
| 2011 | -87.2% | ₩-32.08 Billion | ₩36.77 Billion | ₩24.66 Billion | ₩56.74 Billion | — |