United Malacca Bhd (2593) — Net Asset Quality Index
United Malacca Bhd (2593) has a Net Asset Quality Index of 85.6% as of April 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of RM1.82 Billion minus total liabilities of RM262.46 Million yields net assets of RM1.56 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check 2593 cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Quality Index
Net Assets
Total Assets
Total Liabilities
United Malacca Bhd Net Asset Quality Index Over Time (2013–2026)
This chart shows how United Malacca Bhd's Net Asset Quality Index has evolved across 14 annual periods from 2013 to 2026. As of April 2026, the index stands at 85.6%, representing net assets of RM1.56 Billion against total assets of RM1.82 Billion MYR. See 2593 net asset value for net asset value and shareholders' equity analysis.
Annual Net Asset Quality Index for United Malacca Bhd (2013–2026)
The table below presents the year-by-year Net Asset Quality Index for United Malacca Bhd from 2013 to 2026, covering 14 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 live market cap and overall valuation, see United Malacca Bhd stock valuation.
| Year | Quality Index | Net Assets (MYR) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2026 | 85.5% | RM1.56 Billion | RM1.82 Billion | RM265.35 Million | ▲ +4.4 pp |
| 2025 | 81.1% | RM1.50 Billion | RM1.85 Billion | RM350.26 Million | ▲ +1.0 pp |
| 2024 | 80.1% | RM1.48 Billion | RM1.85 Billion | RM367.42 Million | ▲ +2.3 pp |
| 2023 | 77.8% | RM1.43 Billion | RM1.84 Billion | RM408.13 Million | ▲ +1.5 pp |
| 2022 | 76.4% | RM1.40 Billion | RM1.84 Billion | RM433.80 Million | ▲ +0.8 pp |
| 2021 | 75.5% | RM1.31 Billion | RM1.73 Billion | RM423.88 Million | ▲ +2.0 pp |
| 2020 | 73.6% | RM1.32 Billion | RM1.79 Billion | RM473.24 Million | ▲ +2.5 pp |
| 2019 | 71.1% | RM1.32 Billion | RM1.86 Billion | RM536.72 Million | ▼ -4.3 pp |
| 2018 | 75.3% | RM1.37 Billion | RM1.82 Billion | RM447.80 Million | ▲ +1.0 pp |
| 2017 | 74.4% | RM1.41 Billion | RM1.90 Billion | RM485.84 Million | ▼ -8.3 pp |
| 2016 | 82.7% | RM1.71 Billion | RM2.07 Billion | RM358.13 Million | ▼ -9.9 pp |
| 2015 | 92.6% | RM1.68 Billion | RM1.81 Billion | RM134.00 Million | ▲ +0.1 pp |
| 2014 | 92.5% | RM1.68 Billion | RM1.81 Billion | RM135.00 Million | ▲ +5.6 pp |
| 2013 | 87.0% | RM1.54 Billion | RM1.77 Billion | RM231.00 Million | — |