Highway Holdings Limited Working Capital to Net Assets Ratio
Highway Holdings Limited working capital to net assets ratio. Highway Holdings Limited (HIHO) has a Working Capital to Net Assets ratio of 94.3% as of December 2025. Working capital of $5.52 Million (current assets of $7.21 Million minus current liabilities of $1.69 Million) is measured against net assets of $5.85 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check HIHO goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Highway Holdings Limited (1997–2025)
Working capital to net assets ratio of Highway Holdings Limited from 1997 to 2025. This chart shows how Highway Holdings Limited's Working Capital to Net Assets ratio has evolved across 29 annual periods from 1997 to 2025. As of December 2025, the ratio stands at 94.3%, reflecting working capital of $5.52 Million against net assets of $5.85 Million USD. See Highway Holdings Limited liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Highway Holdings Limited Working Capital to Net Assets Ratio by Year (1997–2025)
Highway Holdings Limited working capital to net assets ratio by year from 1997 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Highway Holdings Limited from 1997 to 2025, covering 29 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 the complete balance sheet picture, see Highway Holdings Limited balance sheet assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 87.6% | $5.49 Million | $6.27 Million | $8.57 Million | $3.08 Million | ▲ +0.1 pp |
| 2024 | 87.5% | $5.81 Million | $6.64 Million | $9.65 Million | $3.84 Million | ▲ +7.2 pp |
| 2023 | 80.3% | $6.60 Million | $8.22 Million | $10.66 Million | $4.06 Million | ▲ +3.3 pp |
| 2022 | 77.0% | $7.14 Million | $9.27 Million | $12.32 Million | $5.18 Million | ▲ +0.1 pp |
| 2021 | 76.9% | $7.52 Million | $9.77 Million | $11.48 Million | $3.96 Million | ▲ +1.5 pp |
| 2020 | 75.4% | $8.23 Million | $10.92 Million | $13.22 Million | $4.99 Million | ▼ -6.2 pp |
| 2019 | 81.6% | $8.27 Million | $10.14 Million | $13.35 Million | $5.08 Million | ▼ -10.6 pp |
| 2018 | 92.1% | $10.86 Million | $11.79 Million | $17.17 Million | $6.31 Million | ▲ +2.0 pp |
| 2017 | 90.2% | $10.20 Million | $11.31 Million | $16.41 Million | $6.21 Million | ▲ +0.9 pp |
| 2016 | 89.3% | $10.66 Million | $11.93 Million | $15.73 Million | $5.07 Million | ▼ -0.8 pp |
| 2015 | 90.1% | $11.02 Million | $12.23 Million | $15.74 Million | $4.72 Million | ▲ +0.0 pp |
| 2014 | 90.1% | $11.02 Million | $12.23 Million | $15.74 Million | $4.72 Million | ▲ +6.1 pp |
| 2013 | 84.0% | $10.13 Million | $12.07 Million | $13.42 Million | $3.29 Million | ▼ -1.2 pp |
| 2012 | 85.2% | $10.22 Million | $12.00 Million | $14.51 Million | $4.29 Million | ▲ +0.2 pp |
| 2011 | 85.0% | $10.67 Million | $12.56 Million | $16.96 Million | $6.28 Million | ▲ +1.0 pp |
| 2010 | 84.0% | $9.80 Million | $11.67 Million | $14.29 Million | $4.49 Million | ▲ +5.0 pp |
| 2009 | 79.0% | $9.04 Million | $11.45 Million | $14.95 Million | $5.91 Million | ▲ +7.3 pp |
| 2008 | 71.7% | $7.56 Million | $10.54 Million | $16.79 Million | $9.23 Million | ▼ -1.9 pp |
| 2007 | 73.5% | $8.94 Million | $12.17 Million | $18.36 Million | $9.42 Million | ▼ -7.6 pp |
| 2006 | 81.1% | $9.96 Million | $12.27 Million | $16.10 Million | $6.14 Million | ▲ +5.7 pp |
| 2005 | 75.4% | $9.85 Million | $13.06 Million | $16.16 Million | $6.31 Million | ▲ +7.1 pp |
| 2004 | 68.3% | $8.77 Million | $12.84 Million | $14.23 Million | $5.45 Million | ▲ +3.2 pp |
| 2003 | 65.1% | $7.75 Million | $11.91 Million | $12.00 Million | $4.25 Million | ▲ +6.5 pp |
| 2002 | 58.6% | $6.72 Million | $11.47 Million | $10.67 Million | $3.95 Million | ▲ +3.6 pp |
| 2001 | 54.9% | $6.42 Million | $11.70 Million | $10.13 Million | $3.70 Million | ▼ -0.1 pp |
| 2000 | 55.0% | $7.11 Million | $12.93 Million | $11.19 Million | $4.08 Million | ▲ +0.9 pp |
| 1999 | 54.1% | $7.20 Million | $13.30 Million | $10.30 Million | $3.10 Million | ▼ -1.2 pp |
| 1998 | 55.4% | $6.70 Million | $12.10 Million | $12.30 Million | $5.60 Million | ▼ -15.3 pp |
| 1997 | 70.6% | $7.70 Million | $10.90 Million | $11.10 Million | $3.40 Million | — |