IFCA MSC Bhd (0023) — Working Capital to Net Assets Ratio
IFCA MSC Bhd (0023) has a Working Capital to Net Assets ratio of 50.2% as of December 2025. Working capital of RM61.09 Million (current assets of RM91.25 Million minus current liabilities of RM30.16 Million) is measured against net assets of RM121.59 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 0023 equity to assets ratio to measure how much of total assets are equity-financed.
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 December 2025, the ratio stands at 50.2%, reflecting working capital of RM61.09 Million against net assets of RM121.59 Million MYR. Check 0023 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company profile, see IFCA MSC Bhd stock valuation.
| 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 | — |