Gourmet Master Co Ltd (2723) — Working Capital to Net Assets Ratio
Gourmet Master Co Ltd (2723) has a Working Capital to Net Assets ratio of 8.7% as of September 2025. Working capital of NT$825.76 Million (current assets of NT$6.25 Billion minus current liabilities of NT$5.43 Billion) is measured against net assets of NT$9.51 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Gourmet Master Co Ltd (2723) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Gourmet Master Co Ltd Working Capital to Net Assets (2009–2024)
This chart shows how Gourmet Master 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 8.7%, reflecting working capital of NT$825.76 Million against net assets of NT$9.51 Billion TWD. For the complete balance sheet picture, see 2723 asset base.
Annual Working Capital to Net Assets for Gourmet Master Co Ltd (2009–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Gourmet Master 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. Check 2723 financial resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (TWD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 14.5% | NT$1.63 Billion | NT$11.24 Billion | NT$6.62 Billion | NT$4.99 Billion | ▼ -2.9 pp |
| 2023 | 17.4% | NT$1.90 Billion | NT$10.96 Billion | NT$7.27 Billion | NT$5.37 Billion | ▲ +6.0 pp |
| 2022 | 11.3% | NT$1.22 Billion | NT$10.79 Billion | NT$7.38 Billion | NT$6.16 Billion | ▼ -8.0 pp |
| 2021 | 19.3% | NT$2.11 Billion | NT$10.92 Billion | NT$8.28 Billion | NT$6.17 Billion | ▲ +12.3 pp |
| 2020 | 7.1% | NT$753.34 Million | NT$10.67 Billion | NT$7.92 Billion | NT$7.16 Billion | ▲ +5.9 pp |
| 2019 | 1.1% | NT$114.82 Million | NT$10.22 Billion | NT$7.06 Billion | NT$6.94 Billion | ▼ -16.6 pp |
| 2018 | 17.7% | NT$1.86 Billion | NT$10.48 Billion | NT$6.97 Billion | NT$5.11 Billion | ▼ -12.6 pp |
| 2017 | 30.3% | NT$3.01 Billion | NT$9.93 Billion | NT$8.45 Billion | NT$5.44 Billion | ▼ -3.3 pp |
| 2016 | 33.6% | NT$2.91 Billion | NT$8.67 Billion | NT$7.02 Billion | NT$4.10 Billion | ▲ +6.8 pp |
| 2015 | 26.8% | NT$2.07 Billion | NT$7.69 Billion | NT$5.57 Billion | NT$3.51 Billion | ▲ +14.2 pp |
| 2014 | 12.7% | NT$859.35 Million | NT$6.78 Billion | NT$3.77 Billion | NT$2.91 Billion | ▼ -12.1 pp |
| 2013 | 24.8% | NT$1.56 Billion | NT$6.27 Billion | NT$4.00 Billion | NT$2.44 Billion | ▼ -8.5 pp |
| 2012 | 33.3% | NT$2.08 Billion | NT$6.24 Billion | NT$4.37 Billion | NT$2.29 Billion | ▼ -16.5 pp |
| 2011 | 49.8% | NT$2.95 Billion | NT$5.92 Billion | NT$4.96 Billion | NT$2.02 Billion | ▼ -16.0 pp |
| 2010 | 65.9% | NT$3.27 Billion | NT$4.97 Billion | NT$4.58 Billion | NT$1.31 Billion | ▲ +29.8 pp |
| 2009 | 36.1% | NT$724.05 Million | NT$2.01 Billion | NT$1.88 Billion | NT$1.15 Billion | — |