Nova MSC Bhd (0026) — Working Capital to Net Assets Ratio
Nova MSC Bhd (0026) has a Working Capital to Net Assets ratio of 36.2% as of March 2026. Working capital of RM15.91 Million (current assets of RM32.21 Million minus current liabilities of RM16.30 Million) is measured against net assets of RM43.91 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 0026 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Nova MSC Bhd Working Capital to Net Assets (2015–2024)
This chart shows how Nova MSC Bhd's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2015 to 2024. As of March 2026, the ratio stands at 36.2%, reflecting working capital of RM15.91 Million against net assets of RM43.91 Million MYR. For the complete balance sheet picture, see 0026 total asset value.
Annual Working Capital to Net Assets for Nova MSC Bhd (2015–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Nova MSC Bhd from 2015 to 2024, covering 10 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 how resilient are Nova MSC Bhd's assets to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 41.4% | RM21.42 Million | RM51.73 Million | RM35.69 Million | RM14.27 Million | ▲ +65.3 pp |
| 2023 | -23.9% | RM-7.36 Million | RM30.77 Million | RM19.98 Million | RM27.34 Million | ▼ -22.0 pp |
| 2022 | -1.9% | RM-719.00K | RM37.78 Million | RM24.84 Million | RM25.56 Million | ▼ -28.2 pp |
| 2021 | 26.3% | RM12.92 Million | RM49.16 Million | RM35.31 Million | RM22.40 Million | ▼ -24.5 pp |
| 2020 | 50.8% | RM34.35 Million | RM67.65 Million | RM53.10 Million | RM18.75 Million | ▼ -3.7 pp |
| 2019 | 54.5% | RM35.74 Million | RM65.57 Million | RM68.59 Million | RM32.85 Million | ▼ -3.6 pp |
| 2018 | 58.1% | RM32.49 Million | RM55.92 Million | RM57.36 Million | RM24.87 Million | ▼ -31.1 pp |
| 2017 | 89.2% | RM34.22 Million | RM38.37 Million | RM55.20 Million | RM20.97 Million | ▲ +45.3 pp |
| 2016 | 43.9% | RM19.33 Million | RM44.04 Million | RM49.00 Million | RM29.67 Million | ▼ -3.2 pp |
| 2015 | 47.1% | RM21.95 Million | RM46.59 Million | RM34.10 Million | RM12.15 Million | — |