HD Renewable Energy Co. Ltd. (6873) — Working Capital to Net Assets Ratio
HD Renewable Energy Co. Ltd. (6873) has a Working Capital to Net Assets ratio of 48.6% as of December 2024. Working capital of NT$4.51 Billion (current assets of NT$11.04 Billion minus current liabilities of NT$6.53 Billion) is measured against net assets of NT$9.28 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See HD Renewable Energy Co. Ltd. free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
HD Renewable Energy Co. Ltd. Working Capital to Net Assets (2018–2024)
This chart shows how HD Renewable Energy Co. Ltd.'s Working Capital to Net Assets ratio has evolved across 7 annual periods from 2018 to 2024. As of December 2024, the ratio stands at 48.6%, reflecting working capital of NT$4.51 Billion against net assets of NT$9.28 Billion TWD. See HD Renewable Energy Co. Ltd. (6873) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for HD Renewable Energy Co. Ltd. (2018–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for HD Renewable Energy Co. Ltd. from 2018 to 2024, covering 7 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 live market cap and the full company profile, see market cap of HD Renewable Energy Co. Ltd..
| Year | WC/NA Ratio | Working Capital (TWD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 48.6% | NT$4.51 Billion | NT$9.28 Billion | NT$11.04 Billion | NT$6.53 Billion | ▼ -47.1 pp |
| 2023 | 95.7% | NT$5.60 Billion | NT$5.85 Billion | NT$9.79 Billion | NT$4.19 Billion | ▲ +38.2 pp |
| 2022 | 57.4% | NT$1.95 Billion | NT$3.39 Billion | NT$4.39 Billion | NT$2.44 Billion | ▼ -5.5 pp |
| 2021 | 63.0% | NT$1.03 Billion | NT$1.64 Billion | NT$2.41 Billion | NT$1.38 Billion | ▲ +19.5 pp |
| 2020 | 43.5% | NT$311.88 Million | NT$717.51 Million | NT$1.30 Billion | NT$987.87 Million | ▲ +10.3 pp |
| 2019 | 33.1% | NT$207.07 Million | NT$625.21 Million | NT$639.07 Million | NT$431.99 Million | ▼ -60.9 pp |
| 2018 | 94.0% | NT$127.94 Million | NT$136.14 Million | NT$320.86 Million | NT$192.91 Million | — |