Tex Cycle Technology M Bhd (0089) — Net Asset Quality Index
Tex Cycle Technology M Bhd (0089) has a Net Asset Quality Index of 68.9% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of RM299.17 Million minus total liabilities of RM93.04 Million yields net assets of RM206.12 Million. A higher index indicates a stronger, lower-leverage balance sheet. See 0089 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Tex Cycle Technology M Bhd Net Asset Quality Index Over Time (2016–2025)
This chart shows how Tex Cycle Technology M Bhd's Net Asset Quality Index has evolved across 10 annual periods from 2016 to 2025. As of March 2026, the index stands at 68.9%, representing net assets of RM206.12 Million against total assets of RM299.17 Million MYR. Explore Tex Cycle Technology M Bhd cash conversion from operations to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Tex Cycle Technology M Bhd (2016–2025)
The table below presents the year-by-year Net Asset Quality Index for Tex Cycle Technology M Bhd from 2016 to 2025, covering 10 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 Tex Cycle Technology M Bhd market capitalisation.
| Year | Quality Index | Net Assets (MYR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 65.0% | RM191.55 Million | RM294.49 Million | RM102.94 Million | ▼ -14.1 pp |
| 2024 | 79.1% | RM186.33 Million | RM235.45 Million | RM49.13 Million | ▲ +1.7 pp |
| 2023 | 77.4% | RM138.51 Million | RM178.88 Million | RM40.36 Million | ▲ +1.0 pp |
| 2022 | 76.4% | RM123.06 Million | RM161.02 Million | RM37.96 Million | ▼ -11.9 pp |
| 2021 | 88.3% | RM114.89 Million | RM130.13 Million | RM15.24 Million | ▼ 0.0 pp |
| 2020 | 88.3% | RM108.65 Million | RM123.00 Million | RM14.35 Million | ▲ +1.6 pp |
| 2019 | 86.8% | RM105.56 Million | RM121.68 Million | RM16.12 Million | ▲ +2.1 pp |
| 2018 | 84.7% | RM101.60 Million | RM119.96 Million | RM18.36 Million | ▲ +0.4 pp |
| 2017 | 84.3% | RM95.83 Million | RM113.75 Million | RM17.91 Million | ▼ -7.7 pp |
| 2016 | 92.0% | RM84.86 Million | RM92.28 Million | RM7.42 Million | — |