GFM Services Bhd (0039) — Working Capital to Net Assets Ratio
GFM Services Bhd (0039) has a Working Capital to Net Assets ratio of 61.3% as of June 2026. Working capital of RM146.03 Million (current assets of RM320.18 Million minus current liabilities of RM174.15 Million) is measured against net assets of RM238.03 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 0039 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
GFM Services Bhd Working Capital to Net Assets (2016–2025)
This chart shows how GFM Services Bhd's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2016 to 2025. As of June 2026, the ratio stands at 61.3%, reflecting working capital of RM146.03 Million against net assets of RM238.03 Million MYR. For the complete balance sheet picture, see GFM Services Bhd (0039) total assets.
Annual Working Capital to Net Assets for GFM Services Bhd (2016–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for GFM Services Bhd from 2016 to 2025, 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 GFM Services Bhd asset resilience 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 | 66.0% | RM147.13 Million | RM222.80 Million | RM300.86 Million | RM153.73 Million | ▼ -4.2 pp |
| 2024 | 70.2% | RM149.94 Million | RM213.52 Million | RM249.13 Million | RM99.18 Million | ▲ +8.8 pp |
| 2023 | 61.4% | RM112.17 Million | RM182.66 Million | RM189.52 Million | RM77.35 Million | ▼ -10.4 pp |
| 2022 | 71.8% | RM116.94 Million | RM162.86 Million | RM180.90 Million | RM63.96 Million | ▲ +2.5 pp |
| 2021 | 69.3% | RM86.64 Million | RM124.98 Million | RM150.15 Million | RM63.51 Million | ▼ -6.5 pp |
| 2020 | 75.8% | RM86.80 Million | RM114.48 Million | RM143.89 Million | RM57.09 Million | ▼ -17.2 pp |
| 2019 | 93.0% | RM97.92 Million | RM105.24 Million | RM149.24 Million | RM51.32 Million | ▼ -42.5 pp |
| 2018 | 135.5% | RM139.13 Million | RM102.68 Million | RM185.69 Million | RM46.56 Million | ▲ +76.4 pp |
| 2017 | 59.1% | RM38.36 Million | RM64.91 Million | RM57.21 Million | RM18.85 Million | ▲ +16.6 pp |
| 2016 | 42.5% | RM26.02 Million | RM61.16 Million | RM48.07 Million | RM22.05 Million | — |