Mustang Industrial Working Capital to Net Assets Ratio
Mustang Industrial working capital to net assets ratio. Mustang Industrial (5460) has a Working Capital to Net Assets ratio of 71.8% as of June 2026. Working capital of NT$534.69 Million (current assets of NT$586.09 Million minus current liabilities of NT$51.41 Million) is measured against net assets of NT$744.43 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Mustang Industrial (2017–2025)
Working capital to net assets ratio of Mustang Industrial from 2017 to 2025. This chart shows how Mustang Industrial's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2017 to 2025. As of June 2026, the ratio stands at 71.8%, reflecting working capital of NT$534.69 Million against net assets of NT$744.43 Million TWD. See Mustang Industrial (5460) liquidity interval to measure how many days the company can operate on defensive assets alone.
Mustang Industrial Working Capital to Net Assets Ratio by Year (2017–2025)
Mustang Industrial working capital to net assets ratio by year from 2017 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Mustang Industrial from 2017 to 2025, covering 9 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 Mustang Industrial assets under control.
| Year | WC/NA Ratio | Working Capital (TWD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 70.3% | NT$510.65 Million | NT$726.59 Million | NT$567.00 Million | NT$56.35 Million | ▲ +1.7 pp |
| 2024 | 68.6% | NT$504.04 Million | NT$735.08 Million | NT$565.52 Million | NT$61.48 Million | ▲ +2.4 pp |
| 2023 | 66.2% | NT$470.26 Million | NT$710.67 Million | NT$536.65 Million | NT$66.39 Million | ▲ +7.3 pp |
| 2022 | 58.9% | NT$429.71 Million | NT$729.53 Million | NT$512.83 Million | NT$83.12 Million | ▲ +5.8 pp |
| 2021 | 53.1% | NT$395.35 Million | NT$743.86 Million | NT$492.67 Million | NT$97.32 Million | ▼ -8.7 pp |
| 2020 | 61.8% | NT$480.47 Million | NT$777.18 Million | NT$598.74 Million | NT$118.27 Million | ▲ +82.8 pp |
| 2019 | -20.9% | NT$-169.99 Million | NT$811.79 Million | NT$2.52 Million | NT$172.50 Million | ▼ -86.7 pp |
| 2018 | 65.8% | NT$598.12 Million | NT$909.16 Million | NT$829.56 Million | NT$231.44 Million | ▼ -1.6 pp |
| 2017 | 67.4% | NT$624.18 Million | NT$926.02 Million | NT$802.01 Million | NT$177.83 Million | — |