Hi-Clearance (1788) — Working Capital to Net Assets Ratio
Hi-Clearance (1788) has a Working Capital to Net Assets ratio of 35.5% as of September 2025. Working capital of NT$1.05 Billion (current assets of NT$2.56 Billion minus current liabilities of NT$1.50 Billion) is measured against net assets of NT$2.96 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of Hi-Clearance to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hi-Clearance Working Capital to Net Assets (2015–2024)
This chart shows how Hi-Clearance's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2015 to 2024. As of September 2025, the ratio stands at 35.5%, reflecting working capital of NT$1.05 Billion against net assets of NT$2.96 Billion TWD. See Hi-Clearance (1788) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Hi-Clearance (2015–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Hi-Clearance from 2015 to 2024, covering 10 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 Hi-Clearance stock valuation.
| Year | WC/NA Ratio | Working Capital (TWD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 36.1% | NT$1.08 Billion | NT$3.00 Billion | NT$2.48 Billion | NT$1.40 Billion | ▼ -10.4 pp |
| 2023 | 46.5% | NT$1.39 Billion | NT$2.98 Billion | NT$2.51 Billion | NT$1.12 Billion | ▲ +9.2 pp |
| 2022 | 37.2% | NT$908.51 Million | NT$2.44 Billion | NT$2.48 Billion | NT$1.57 Billion | ▲ +1.5 pp |
| 2021 | 35.7% | NT$823.55 Million | NT$2.30 Billion | NT$2.39 Billion | NT$1.57 Billion | ▼ -8.9 pp |
| 2020 | 44.7% | NT$899.57 Million | NT$2.01 Billion | NT$2.22 Billion | NT$1.33 Billion | ▼ -24.7 pp |
| 2019 | 69.4% | NT$1.24 Billion | NT$1.78 Billion | NT$2.24 Billion | NT$1.01 Billion | ▲ +21.9 pp |
| 2018 | 47.4% | NT$778.51 Million | NT$1.64 Billion | NT$2.07 Billion | NT$1.29 Billion | ▼ -14.2 pp |
| 2017 | 61.7% | NT$1.00 Billion | NT$1.63 Billion | NT$1.98 Billion | NT$975.74 Million | ▼ -4.6 pp |
| 2016 | 66.3% | NT$1.03 Billion | NT$1.56 Billion | NT$1.93 Billion | NT$899.53 Million | ▲ +2.1 pp |
| 2015 | 64.1% | NT$978.88 Million | NT$1.53 Billion | NT$1.87 Billion | NT$894.38 Million | — |