Wellspire Holdings Berhad (0271) — Net Asset Quality Index
Wellspire Holdings Berhad (0271) has a Net Asset Quality Index of 89.0% as of September 2024. This metric measures the proportion of total assets financed by shareholders' equity — total assets of RM68.85 Million minus total liabilities of RM7.56 Million yields net assets of RM61.29 Million. A higher index indicates a stronger, lower-leverage balance sheet. See defensive interval ratio of Wellspire Holdings Berhad to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Wellspire Holdings Berhad Net Asset Quality Index Over Time (2020–2023)
This chart shows how Wellspire Holdings Berhad's Net Asset Quality Index has evolved across 4 annual periods from 2020 to 2023. As of September 2024, the index stands at 89.0%, representing net assets of RM61.29 Million against total assets of RM68.85 Million MYR. Explore Wellspire Holdings Berhad (0271) cash conversion ratio to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Wellspire Holdings Berhad (2020–2023)
The table below presents the year-by-year Net Asset Quality Index for Wellspire Holdings Berhad from 2020 to 2023, covering 4 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 Wellspire Holdings Berhad stock valuation.
| Year | Quality Index | Net Assets (MYR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 85.3% | RM60.85 Million | RM71.32 Million | RM10.47 Million | ▲ +17.1 pp |
| 2022 | 68.2% | RM27.71 Million | RM40.63 Million | RM12.91 Million | ▲ +24.2 pp |
| 2021 | 44.0% | RM14.47 Million | RM32.89 Million | RM18.42 Million | ▼ -12.0 pp |
| 2020 | 56.0% | RM19.60 Million | RM35.00 Million | RM15.40 Million | — |