Green Ocean Corporation Bhd (0074) — Net Asset Quality Index

Latest as of June 2025: 76.4%

Green Ocean Corporation Bhd (0074) has a Net Asset Quality Index of 76.4% as of June 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of RM86.28 Million minus total liabilities of RM20.38 Million yields net assets of RM65.89 Million. A higher index indicates a stronger, lower-leverage balance sheet. Check Green Ocean Corporation Bhd liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Quality Index

76.4%
Equity / Total Assets

Net Assets

RM65.89 Million
MYR

Total Assets

RM86.28 Million
MYR

Total Liabilities

RM20.38 Million
MYR

Green Ocean Corporation Bhd Net Asset Quality Index Over Time (2016–2024)

This chart shows how Green Ocean Corporation Bhd's Net Asset Quality Index has evolved across 9 annual periods from 2016 to 2024. As of June 2025, the index stands at 76.4%, representing net assets of RM65.89 Million against total assets of RM86.28 Million MYR. See 0074 working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for Green Ocean Corporation Bhd (2016–2024)

The table below presents the year-by-year Net Asset Quality Index for Green Ocean Corporation Bhd from 2016 to 2024, covering 9 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Green Ocean Corporation Bhd stock valuation.

Year Quality Index Net Assets (MYR) Total Assets Total Liabilities Change (pp)
2024 83.6% RM99.70 Million RM119.21 Million RM19.51 Million ▼ -1.7 pp
2023 85.3% RM113.71 Million RM133.33 Million RM19.62 Million ▼ -13.6 pp
2022 98.9% RM117.65 Million RM118.95 Million RM1.30 Million ▲ +1.1 pp
2021 97.8% RM130.50 Million RM133.48 Million RM2.98 Million ▲ +69.6 pp
2020 28.2% RM10.56 Million RM37.47 Million RM26.90 Million ▼ -10.7 pp
2019 38.8% RM21.99 Million RM56.62 Million RM34.63 Million ▼ -14.2 pp
2018 53.0% RM20.07 Million RM37.86 Million RM17.79 Million ▲ +8.8 pp
2017 44.2% RM20.50 Million RM46.37 Million RM25.87 Million ▲ +9.5 pp
2016 34.7% RM20.36 Million RM58.61 Million RM38.25 Million
pp = percentage points