Nova MSC Bhd Working Capital to Net Assets Ratio
Nova MSC Bhd 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. Check 0026 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Nova MSC Bhd (2015–2024)
Working capital to net assets ratio of Nova MSC Bhd from 2015 to 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. See 0026 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Nova MSC Bhd Working Capital to Net Assets Ratio by Year (2015–2024)
Nova MSC Bhd working capital to net assets ratio by year from 2015 to 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. For the complete balance sheet picture, see how large is Nova MSC Bhd's balance sheet.
| 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 | — |