Kap Industrial Holdings Ltd (KAP) — Working Capital to Net Assets Ratio
Kap Industrial Holdings Ltd (KAP) has a Working Capital to Net Assets ratio of 25.6% as of December 2025. Working capital of ZAC3.37 Billion (current assets of ZAC11.44 Billion minus current liabilities of ZAC8.06 Billion) is measured against net assets of ZAC13.15 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Kap Industrial Holdings Ltd financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Kap Industrial Holdings Ltd Working Capital to Net Assets (2005–2025)
This chart shows how Kap Industrial Holdings Ltd's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of December 2025, the ratio stands at 25.6%, reflecting working capital of ZAC3.37 Billion against net assets of ZAC13.15 Billion ZAC. See Kap Industrial Holdings Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Kap Industrial Holdings Ltd (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Kap Industrial Holdings Ltd from 2005 to 2025, covering 21 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. For live market cap and the full company profile, see KAP market cap overview.
| Year | WC/NA Ratio | Working Capital (ZAC) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 22.0% | ZAC2.80 Billion | ZAC12.70 Billion | ZAC10.87 Billion | ZAC8.07 Billion | ▲ +10.0 pp |
| 2024 | 12.0% | ZAC1.54 Billion | ZAC12.78 Billion | ZAC10.33 Billion | ZAC8.79 Billion | ▼ -1.9 pp |
| 2023 | 13.9% | ZAC1.63 Billion | ZAC11.71 Billion | ZAC9.97 Billion | ZAC8.34 Billion | ▼ -4.1 pp |
| 2022 | 18.0% | ZAC2.12 Billion | ZAC11.75 Billion | ZAC10.10 Billion | ZAC7.99 Billion | ▲ +7.3 pp |
| 2021 | 10.7% | ZAC1.12 Billion | ZAC10.45 Billion | ZAC7.73 Billion | ZAC6.61 Billion | ▲ +5.4 pp |
| 2020 | 5.3% | ZAC518.00 Million | ZAC9.77 Billion | ZAC6.69 Billion | ZAC6.17 Billion | ▼ -7.3 pp |
| 2019 | 12.6% | ZAC1.64 Billion | ZAC13.04 Billion | ZAC8.24 Billion | ZAC6.59 Billion | ▼ -8.5 pp |
| 2018 | 21.1% | ZAC2.63 Billion | ZAC12.48 Billion | ZAC8.48 Billion | ZAC5.85 Billion | ▲ +0.8 pp |
| 2017 | 20.3% | ZAC2.30 Billion | ZAC11.35 Billion | ZAC7.59 Billion | ZAC5.28 Billion | ▼ -4.5 pp |
| 2016 | 24.8% | ZAC2.20 Billion | ZAC8.86 Billion | ZAC6.61 Billion | ZAC4.41 Billion | ▲ +6.4 pp |
| 2015 | 18.4% | ZAC1.46 Billion | ZAC7.93 Billion | ZAC5.15 Billion | ZAC3.69 Billion | ▼ -1.1 pp |
| 2014 | 19.5% | ZAC1.34 Billion | ZAC6.86 Billion | ZAC5.52 Billion | ZAC4.18 Billion | ▼ -3.7 pp |
| 2013 | 23.2% | ZAC1.46 Billion | ZAC6.30 Billion | ZAC5.45 Billion | ZAC3.99 Billion | ▲ +4.7 pp |
| 2012 | 18.5% | ZAC1.05 Billion | ZAC5.68 Billion | ZAC5.18 Billion | ZAC4.13 Billion | ▲ +24.1 pp |
| 2011 | -5.6% | ZAC-82.70 Million | ZAC1.47 Billion | ZAC729.80 Million | ZAC812.50 Million | ▼ -26.8 pp |
| 2010 | 21.2% | ZAC288.90 Million | ZAC1.36 Billion | ZAC1.37 Billion | ZAC1.08 Billion | ▲ +8.5 pp |
| 2009 | 12.7% | ZAC161.40 Million | ZAC1.27 Billion | ZAC1.33 Billion | ZAC1.17 Billion | ▲ +50.5 pp |
| 2008 | -37.8% | ZAC-495.10 Million | ZAC1.31 Billion | ZAC795.90 Million | ZAC1.29 Billion | ▼ -3.1 pp |
| 2007 | -34.7% | ZAC-413.70 Million | ZAC1.19 Billion | ZAC628.50 Million | ZAC1.04 Billion | ▼ -80.3 pp |
| 2006 | 45.6% | ZAC482.40 Million | ZAC1.06 Billion | ZAC1.06 Billion | ZAC574.50 Million | ▼ -5.5 pp |
| 2005 | 51.0% | ZAC453.26 Million | ZAC887.97 Million | ZAC998.11 Million | ZAC544.85 Million | — |