Pavonine Co Ltd (177830) — Working Capital to Net Assets Ratio
Pavonine Co Ltd (177830) has a Working Capital to Net Assets ratio of -10.2% as of September 2025. Working capital of ₩-7.85 Billion (current assets of ₩64.76 Billion minus current liabilities of ₩72.61 Billion) is measured against net assets of ₩76.78 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See operational self-sufficiency of Pavonine Co Ltd to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Pavonine Co Ltd Working Capital to Net Assets (2014–2024)
This chart shows how Pavonine Co Ltd's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2014 to 2024. As of September 2025, the ratio stands at -10.2%, reflecting working capital of ₩-7.85 Billion against net assets of ₩76.78 Billion KRW. For the complete balance sheet picture, see Pavonine Co Ltd balance sheet assets.
Annual Working Capital to Net Assets for Pavonine Co Ltd (2014–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Pavonine Co Ltd from 2014 to 2024, covering 11 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 asset resilience ratio of Pavonine Co Ltd 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 | -6.9% | ₩-5.43 Billion | ₩79.27 Billion | ₩68.91 Billion | ₩74.35 Billion | ▼ -7.2 pp |
| 2023 | 0.4% | ₩289.68 Million | ₩74.25 Billion | ₩49.37 Billion | ₩49.08 Billion | ▼ -2.5 pp |
| 2022 | 2.9% | ₩2.24 Billion | ₩76.98 Billion | ₩67.16 Billion | ₩64.92 Billion | ▼ -19.6 pp |
| 2021 | 22.5% | ₩16.08 Billion | ₩71.40 Billion | ₩59.81 Billion | ₩43.73 Billion | ▲ +30.5 pp |
| 2020 | -8.0% | ₩-4.90 Billion | ₩61.13 Billion | ₩50.09 Billion | ₩54.99 Billion | ▲ +54.2 pp |
| 2019 | -62.2% | ₩-28.31 Billion | ₩45.53 Billion | ₩36.74 Billion | ₩65.05 Billion | ▼ -33.4 pp |
| 2018 | -28.8% | ₩-16.28 Billion | ₩56.63 Billion | ₩31.96 Billion | ₩48.24 Billion | ▲ +13.1 pp |
| 2017 | -41.9% | ₩-21.72 Billion | ₩51.85 Billion | ₩27.32 Billion | ₩49.04 Billion | ▼ -27.9 pp |
| 2016 | -13.9% | ₩-7.36 Billion | ₩52.79 Billion | ₩24.82 Billion | ₩32.19 Billion | ▼ -14.8 pp |
| 2015 | 0.9% | ₩436.86 Million | ₩49.39 Billion | ₩19.09 Billion | ₩18.65 Billion | ▼ -14.8 pp |
| 2014 | 15.7% | ₩8.53 Billion | ₩54.32 Billion | ₩20.14 Billion | ₩11.61 Billion | — |