Iron Force Industrial Co Ltd Working Capital to Net Assets Ratio
Iron Force Industrial Co Ltd working capital to net assets ratio. Iron Force Industrial Co Ltd (2228) has a Working Capital to Net Assets ratio of 58.6% as of September 2025. Working capital of NT$2.78 Billion (current assets of NT$3.81 Billion minus current liabilities of NT$1.04 Billion) is measured against net assets of NT$4.74 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Iron Force Industrial Co Ltd tangible equity quality 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 Iron Force Industrial Co Ltd (2009–2024)
Working capital to net assets ratio of Iron Force Industrial Co Ltd from 2009 to 2024. This chart shows how Iron Force Industrial Co Ltd's Working Capital to Net Assets ratio has evolved across 16 annual periods from 2009 to 2024. As of September 2025, the ratio stands at 58.6%, reflecting working capital of NT$2.78 Billion against net assets of NT$4.74 Billion TWD. See Iron Force Industrial Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Iron Force Industrial Co Ltd Working Capital to Net Assets Ratio by Year (2009–2024)
Iron Force Industrial Co Ltd working capital to net assets ratio by year from 2009 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Iron Force Industrial Co Ltd from 2009 to 2024, covering 16 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 balance sheet size of Iron Force Industrial Co Ltd.
| Year | WC/NA Ratio | Working Capital (TWD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 63.3% | NT$3.32 Billion | NT$5.25 Billion | NT$4.04 Billion | NT$711.12 Million | ▼ -2.4 pp |
| 2023 | 65.7% | NT$2.87 Billion | NT$4.36 Billion | NT$4.00 Billion | NT$1.13 Billion | ▲ +3.3 pp |
| 2022 | 62.4% | NT$2.60 Billion | NT$4.16 Billion | NT$4.01 Billion | NT$1.41 Billion | ▼ -1.6 pp |
| 2021 | 64.0% | NT$2.43 Billion | NT$3.80 Billion | NT$3.29 Billion | NT$861.37 Million | ▲ +3.7 pp |
| 2020 | 60.4% | NT$2.22 Billion | NT$3.68 Billion | NT$3.26 Billion | NT$1.04 Billion | ▲ +7.2 pp |
| 2019 | 53.2% | NT$2.10 Billion | NT$3.94 Billion | NT$2.83 Billion | NT$734.39 Million | ▼ -2.1 pp |
| 2018 | 55.3% | NT$2.08 Billion | NT$3.76 Billion | NT$2.80 Billion | NT$721.37 Million | ▼ -2.1 pp |
| 2017 | 57.4% | NT$2.15 Billion | NT$3.75 Billion | NT$2.82 Billion | NT$671.68 Million | ▼ -0.5 pp |
| 2016 | 57.9% | NT$2.12 Billion | NT$3.66 Billion | NT$3.02 Billion | NT$897.12 Million | ▼ -0.3 pp |
| 2015 | 58.2% | NT$1.94 Billion | NT$3.34 Billion | NT$2.56 Billion | NT$618.77 Million | ▲ +2.1 pp |
| 2014 | 56.2% | NT$1.46 Billion | NT$2.60 Billion | NT$2.01 Billion | NT$549.70 Million | ▼ -0.3 pp |
| 2013 | 56.4% | NT$1.29 Billion | NT$2.29 Billion | NT$1.72 Billion | NT$429.19 Million | ▼ 0.0 pp |
| 2012 | 56.4% | NT$886.75 Million | NT$1.57 Billion | NT$1.41 Billion | NT$520.98 Million | ▲ +16.3 pp |
| 2011 | 40.2% | NT$664.96 Million | NT$1.65 Billion | NT$1.24 Billion | NT$572.18 Million | ▲ +28.0 pp |
| 2010 | 12.2% | NT$166.95 Million | NT$1.37 Billion | NT$475.76 Million | NT$308.81 Million | ▼ -5.0 pp |
| 2009 | 17.2% | NT$217.01 Million | NT$1.26 Billion | NT$394.88 Million | NT$177.87 Million | — |