North-Star International Co Ltd (8927) — Working Capital to Net Assets Ratio
North-Star International Co Ltd (8927) has a Working Capital to Net Assets ratio of -77.0% as of March 2026. Working capital of NT$-6.64 Billion (current assets of NT$7.13 Billion minus current liabilities of NT$13.77 Billion) is measured against net assets of NT$8.63 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 8927 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
North-Star International Co Ltd Working Capital to Net Assets (2017–2025)
This chart shows how North-Star International Co Ltd's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2017 to 2025. As of March 2026, the ratio stands at -77.0%, reflecting working capital of NT$-6.64 Billion against net assets of NT$8.63 Billion TWD. For the complete balance sheet picture, see 8927 total asset value.
Annual Working Capital to Net Assets for North-Star International Co Ltd (2017–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for North-Star International Co Ltd from 2017 to 2025, covering 9 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check North-Star International Co Ltd (8927) asset resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (TWD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -69.6% | NT$-6.03 Billion | NT$8.66 Billion | NT$7.99 Billion | NT$14.02 Billion | ▼ -87.4 pp |
| 2024 | 17.8% | NT$1.53 Billion | NT$8.60 Billion | NT$8.19 Billion | NT$6.65 Billion | ▲ +85.4 pp |
| 2023 | -67.6% | NT$-5.48 Billion | NT$8.10 Billion | NT$7.73 Billion | NT$13.20 Billion | ▼ -48.2 pp |
| 2022 | -19.4% | NT$-892.90 Million | NT$4.60 Billion | NT$2.78 Billion | NT$3.67 Billion | ▼ -22.4 pp |
| 2021 | 3.0% | NT$112.25 Million | NT$3.79 Billion | NT$1.75 Billion | NT$1.64 Billion | ▲ +43.3 pp |
| 2020 | -40.3% | NT$-958.69 Million | NT$2.38 Billion | NT$1.04 Billion | NT$1.99 Billion | ▼ -33.4 pp |
| 2019 | -6.9% | NT$-151.54 Million | NT$2.20 Billion | NT$746.72 Million | NT$898.26 Million | ▲ +0.1 pp |
| 2018 | -7.0% | NT$-151.39 Million | NT$2.17 Billion | NT$630.99 Million | NT$782.38 Million | ▲ +3.7 pp |
| 2017 | -10.7% | NT$-226.32 Million | NT$2.11 Billion | NT$336.64 Million | NT$562.96 Million | — |