GFM Services Bhd (0039) — Working Capital to Net Assets Ratio
GFM Services Bhd (0039) has a Working Capital to Net Assets ratio of 63.6% as of March 2026. Working capital of RM147.07 Million (current assets of RM307.01 Million minus current liabilities of RM159.93 Million) is measured against net assets of RM231.10 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 0039 financial flexibility index to measure the company's free cash flow as a share of total liabilities.
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 March 2026, the ratio stands at 63.6%, reflecting working capital of RM147.07 Million against net assets of RM231.10 Million MYR. See GFM Services Bhd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
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. For live market cap and the full company profile, see market value of GFM Services Bhd.
| 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 | — |