HD Renewable Energy Co. Ltd. Working Capital to Net Assets Ratio
HD Renewable Energy Co. Ltd. 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. Check HD Renewable Energy 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 HD Renewable Energy Co. Ltd. (2018–2024)
Working capital to net assets ratio of HD Renewable Energy Co. Ltd. from 2018 to 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 operational self-sufficiency of HD Renewable Energy Co. Ltd. to measure how many days the company can operate on defensive assets alone.
HD Renewable Energy Co. Ltd. Working Capital to Net Assets Ratio by Year (2018–2024)
HD Renewable Energy Co. Ltd. working capital to net assets ratio by year from 2018 to 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 the complete balance sheet picture, see HD Renewable Energy Co. Ltd. total assets.
| 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 | — |