HIM International Music (8446) — Working Capital to Net Assets Ratio
HIM International Music (8446) has a Working Capital to Net Assets ratio of 33.3% as of March 2026. Working capital of NT$632.91 Million (current assets of NT$1.59 Billion minus current liabilities of NT$953.92 Million) is measured against net assets of NT$1.90 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 8446 days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
HIM International Music Working Capital to Net Assets (2015–2025)
This chart shows how HIM International Music's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2015 to 2025. As of March 2026, the ratio stands at 33.3%, reflecting working capital of NT$632.91 Million against net assets of NT$1.90 Billion TWD. For the complete balance sheet picture, see 8446 asset base.
Annual Working Capital to Net Assets for HIM International Music (2015–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for HIM International Music 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. Check financial resilience of HIM International Music to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (TWD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 43.1% | NT$961.14 Million | NT$2.23 Billion | NT$1.55 Billion | NT$587.16 Million | ▲ +5.0 pp |
| 2024 | 38.1% | NT$804.00 Million | NT$2.11 Billion | NT$1.45 Billion | NT$647.92 Million | ▲ +11.1 pp |
| 2023 | 27.0% | NT$492.17 Million | NT$1.82 Billion | NT$1.78 Billion | NT$1.28 Billion | ▲ +3.1 pp |
| 2022 | 24.0% | NT$395.41 Million | NT$1.65 Billion | NT$1.72 Billion | NT$1.32 Billion | ▲ +1.5 pp |
| 2021 | 22.4% | NT$352.53 Million | NT$1.57 Billion | NT$1.81 Billion | NT$1.46 Billion | ▲ +22.5 pp |
| 2020 | -0.1% | NT$-1.14 Million | NT$1.41 Billion | NT$1.37 Billion | NT$1.38 Billion | ▲ +2.1 pp |
| 2019 | -2.2% | NT$-29.29 Million | NT$1.33 Billion | NT$994.07 Million | NT$1.02 Billion | ▼ -25.9 pp |
| 2018 | 23.6% | NT$315.22 Million | NT$1.33 Billion | NT$1.20 Billion | NT$880.86 Million | ▲ +1.5 pp |
| 2017 | 22.2% | NT$273.93 Million | NT$1.24 Billion | NT$1.33 Billion | NT$1.05 Billion | ▼ -0.2 pp |
| 2016 | 22.4% | NT$250.67 Million | NT$1.12 Billion | NT$1.21 Billion | NT$963.58 Million | ▼ -6.0 pp |
| 2015 | 28.4% | NT$288.43 Million | NT$1.01 Billion | NT$726.08 Million | NT$437.65 Million | — |