Toplus Global Co Ltd (3522) — Working Capital to Net Assets Ratio
Toplus Global Co Ltd (3522) has a Working Capital to Net Assets ratio of -122.0% as of December 2025. Working capital of NT$-554.88 Million (current assets of NT$505.69 Million minus current liabilities of NT$1.06 Billion) is measured against net assets of NT$454.94 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Toplus Global Co Ltd free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Toplus Global Co Ltd Working Capital to Net Assets (2015–2025)
This chart shows how Toplus Global Co Ltd's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2015 to 2025. As of December 2025, the ratio stands at -122.0%, reflecting working capital of NT$-554.88 Million against net assets of NT$454.94 Million TWD. See Toplus Global Co Ltd (3522) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Toplus Global Co Ltd (2015–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Toplus Global Co Ltd from 2015 to 2025, covering 11 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Toplus Global Co Ltd stock valuation.
| Year | WC/NA Ratio | Working Capital (TWD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -122.0% | NT$-554.88 Million | NT$454.94 Million | NT$505.69 Million | NT$1.06 Billion | ▼ -60.8 pp |
| 2024 | -61.1% | NT$-380.04 Million | NT$621.53 Million | NT$518.35 Million | NT$898.38 Million | ▼ -77.3 pp |
| 2023 | 16.2% | NT$121.14 Million | NT$749.74 Million | NT$604.65 Million | NT$483.51 Million | ▲ +178.1 pp |
| 2022 | -161.9% | NT$-426.64 Million | NT$263.48 Million | NT$137.41 Million | NT$564.05 Million | ▼ -60.1 pp |
| 2021 | -101.8% | NT$-377.35 Million | NT$370.74 Million | NT$450.23 Million | NT$827.58 Million | ▼ -31.7 pp |
| 2020 | -70.1% | NT$-592.54 Million | NT$845.72 Million | NT$326.38 Million | NT$918.92 Million | ▼ -28.1 pp |
| 2019 | -41.9% | NT$-549.94 Million | NT$1.31 Billion | NT$477.86 Million | NT$1.03 Billion | ▼ -47.5 pp |
| 2018 | 5.6% | NT$81.39 Million | NT$1.46 Billion | NT$633.23 Million | NT$551.83 Million | ▲ +2.1 pp |
| 2017 | 3.5% | NT$53.75 Million | NT$1.53 Billion | NT$785.20 Million | NT$731.45 Million | ▼ -57.3 pp |
| 2016 | 60.8% | NT$764.32 Million | NT$1.26 Billion | NT$1.09 Billion | NT$322.94 Million | ▼ -14.9 pp |
| 2015 | 75.7% | NT$788.68 Million | NT$1.04 Billion | NT$1.47 Billion | NT$683.52 Million | — |