Sinopac Financial Holdings Co Ltd Working Capital to Net Assets Ratio
Sinopac Financial Holdings Co Ltd working capital to net assets ratio. Sinopac Financial Holdings Co Ltd (2890) has a Working Capital to Net Assets ratio of -604.4% as of June 2024. Working capital of NT$-1.17 Trillion (current assets of NT$38.22 Billion minus current liabilities of NT$1.21 Trillion) is measured against net assets of NT$193.93 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check how tangible is Sinopac Financial Holdings Co Ltd's equity to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Sinopac Financial Holdings Co Ltd (2006–2023)
Working capital to net assets ratio of Sinopac Financial Holdings Co Ltd from 2006 to 2023. This chart shows how Sinopac Financial Holdings Co Ltd's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2006 to 2023. As of June 2024, the ratio stands at -604.4%, reflecting working capital of NT$-1.17 Trillion against net assets of NT$193.93 Billion TWD. See defensive interval ratio of Sinopac Financial Holdings Co Ltd to measure how many days the company can operate on defensive assets alone.
Sinopac Financial Holdings Co Ltd Working Capital to Net Assets Ratio by Year (2006–2023)
Sinopac Financial Holdings Co Ltd working capital to net assets ratio by year from 2006 to 2023. The table below presents the year-by-year Working Capital to Net Assets ratio for Sinopac Financial Holdings Co Ltd from 2006 to 2023, covering 18 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see balance sheet size of Sinopac Financial Holdings Co Ltd.
| Year | WC/NA Ratio | Working Capital (TWD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | -587.1% | NT$-1.11 Trillion | NT$188.34 Billion | NT$30.64 Billion | NT$1.14 Trillion | ▼ -838.9 pp |
| 2022 | 251.8% | NT$387.84 Billion | NT$154.02 Billion | NT$438.36 Billion | NT$50.52 Billion | ▲ +54.9 pp |
| 2021 | 196.9% | NT$320.51 Billion | NT$162.80 Billion | NT$376.23 Billion | NT$55.72 Billion | ▲ +61.6 pp |
| 2020 | 135.3% | NT$210.87 Billion | NT$155.87 Billion | NT$261.33 Billion | NT$50.46 Billion | ▼ -1.8 pp |
| 2019 | 137.1% | NT$203.42 Billion | NT$148.37 Billion | NT$242.72 Billion | NT$39.29 Billion | ▲ +7.8 pp |
| 2018 | 129.3% | NT$183.44 Billion | NT$141.82 Billion | NT$202.46 Billion | NT$19.02 Billion | ▼ -4.3 pp |
| 2017 | 133.6% | NT$184.72 Billion | NT$138.26 Billion | NT$207.70 Billion | NT$22.98 Billion | ▼ -39.9 pp |
| 2016 | 173.5% | NT$232.38 Billion | NT$133.90 Billion | NT$249.13 Billion | NT$16.76 Billion | ▲ +6.2 pp |
| 2015 | 167.4% | NT$220.45 Billion | NT$131.71 Billion | NT$235.31 Billion | NT$14.86 Billion | ▼ -80.3 pp |
| 2014 | 247.7% | NT$311.07 Billion | NT$125.61 Billion | NT$328.63 Billion | NT$17.56 Billion | ▲ +39.6 pp |
| 2013 | 208.0% | NT$225.73 Billion | NT$108.51 Billion | NT$244.70 Billion | NT$18.97 Billion | ▲ +21.5 pp |
| 2012 | 186.5% | NT$184.03 Billion | NT$98.68 Billion | NT$191.91 Billion | NT$7.88 Billion | ▲ +2.4 pp |
| 2011 | 184.1% | NT$165.83 Billion | NT$90.09 Billion | NT$173.45 Billion | NT$7.62 Billion | ▲ +17.6 pp |
| 2010 | 166.4% | NT$144.38 Billion | NT$86.74 Billion | NT$150.16 Billion | NT$5.78 Billion | ▼ -8.6 pp |
| 2009 | 175.1% | NT$145.08 Billion | NT$82.86 Billion | NT$161.26 Billion | NT$16.18 Billion | ▼ -1219.9 pp |
| 2008 | 1395.0% | NT$801.33 Billion | NT$57.44 Billion | NT$835.04 Billion | NT$33.71 Billion | ▲ +42.3 pp |
| 2007 | 1352.7% | NT$833.25 Billion | NT$61.60 Billion | NT$856.01 Billion | NT$22.76 Billion | ▲ +161.0 pp |
| 2006 | 1191.7% | NT$772.51 Billion | NT$64.83 Billion | NT$801.98 Billion | NT$29.47 Billion | — |