IFCA MSC Bhd (0023) — Working Capital to Net Assets Ratio
IFCA MSC Bhd (0023) has a Working Capital to Net Assets ratio of 51.0% as of March 2026. Working capital of RM61.69 Million (current assets of RM89.26 Million minus current liabilities of RM27.57 Million) is measured against net assets of RM121.04 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 0023 days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
IFCA MSC Bhd Working Capital to Net Assets (2015–2025)
This chart shows how IFCA MSC Bhd's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2015 to 2025. As of March 2026, the ratio stands at 51.0%, reflecting working capital of RM61.69 Million against net assets of RM121.04 Million MYR. For the complete balance sheet picture, see IFCA MSC Bhd asset portfolio.
Annual Working Capital to Net Assets for IFCA MSC Bhd (2015–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for IFCA MSC Bhd from 2015 to 2025, covering 11 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. Check IFCA MSC Bhd (0023) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 50.2% | RM61.09 Million | RM121.59 Million | RM91.25 Million | RM30.16 Million | ▼ -2.4 pp |
| 2024 | 52.6% | RM65.50 Million | RM124.50 Million | RM102.82 Million | RM37.32 Million | ▲ +1.6 pp |
| 2023 | 51.0% | RM62.00 Million | RM121.46 Million | RM92.82 Million | RM30.82 Million | ▲ +0.8 pp |
| 2022 | 50.2% | RM59.54 Million | RM118.53 Million | RM87.99 Million | RM28.45 Million | ▼ -5.5 pp |
| 2021 | 55.8% | RM72.02 Million | RM129.15 Million | RM100.22 Million | RM28.20 Million | ▼ -5.1 pp |
| 2020 | 60.9% | RM74.14 Million | RM121.83 Million | RM96.84 Million | RM22.70 Million | ▼ -1.7 pp |
| 2019 | 62.6% | RM74.96 Million | RM119.75 Million | RM94.85 Million | RM19.89 Million | ▼ -2.2 pp |
| 2018 | 64.8% | RM77.41 Million | RM119.48 Million | RM103.03 Million | RM25.61 Million | ▲ +3.3 pp |
| 2017 | 61.5% | RM68.76 Million | RM111.88 Million | RM96.70 Million | RM27.94 Million | ▲ +3.5 pp |
| 2016 | 57.9% | RM61.44 Million | RM106.07 Million | RM89.10 Million | RM27.66 Million | ▼ -15.2 pp |
| 2015 | 73.1% | RM69.09 Million | RM94.47 Million | RM91.26 Million | RM22.18 Million | — |