MMAG Holdings Bhd (0034) — Working Capital to Net Assets Ratio
MMAG Holdings Bhd (0034) has a Working Capital to Net Assets ratio of 2.7% as of December 2025. Working capital of RM7.91 Million (current assets of RM232.15 Million minus current liabilities of RM224.24 Million) is measured against net assets of RM287.99 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 0034 free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
MMAG Holdings Bhd Working Capital to Net Assets (2015–2025)
This chart shows how MMAG Holdings 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 2.7%, reflecting working capital of RM7.91 Million against net assets of RM287.99 Million MYR. See 0034 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for MMAG Holdings Bhd (2015–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for MMAG Holdings 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 MMAG Holdings Bhd (0034) total market value.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 0.4% | RM1.06 Million | RM287.36 Million | RM224.93 Million | RM223.88 Million | ▼ -20.3 pp |
| 2024 | 20.7% | RM59.50 Million | RM288.13 Million | RM218.51 Million | RM159.01 Million | ▲ +12.0 pp |
| 2023 | 8.7% | RM15.96 Million | RM184.00 Million | RM211.15 Million | RM195.18 Million | ▲ +42.0 pp |
| 2022 | -33.3% | RM-56.86 Million | RM170.62 Million | RM105.33 Million | RM162.19 Million | ▼ -26.1 pp |
| 2021 | -7.2% | RM-27.17 Million | RM376.25 Million | RM142.42 Million | RM169.59 Million | ▼ -28.9 pp |
| 2020 | 21.6% | RM47.41 Million | RM219.08 Million | RM92.51 Million | RM45.11 Million | ▲ +21.2 pp |
| 2019 | 0.4% | RM412.07K | RM100.76 Million | RM45.00 Million | RM44.59 Million | ▼ -31.9 pp |
| 2018 | 32.3% | RM39.41 Million | RM122.00 Million | RM65.28 Million | RM25.87 Million | ▼ -29.2 pp |
| 2017 | 61.5% | RM67.43 Million | RM109.63 Million | RM89.49 Million | RM22.06 Million | ▲ +57.4 pp |
| 2016 | 4.1% | RM1.90 Million | RM46.62 Million | RM63.82 Million | RM61.92 Million | ▼ -24.0 pp |
| 2015 | 28.1% | RM19.08 Million | RM67.99 Million | RM63.88 Million | RM44.81 Million | — |