NCT Alliance Bhd (0056) — Working Capital to Net Assets Ratio
NCT Alliance Bhd (0056) has a Working Capital to Net Assets ratio of 84.0% as of December 2025. Working capital of RM674.47 Million (current assets of RM1.34 Billion minus current liabilities of RM660.53 Million) is measured against net assets of RM802.53 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See NCT Alliance Bhd (0056) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
NCT Alliance Bhd Working Capital to Net Assets (2006–2025)
This chart shows how NCT Alliance Bhd's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2006 to 2025. As of December 2025, the ratio stands at 84.0%, reflecting working capital of RM674.47 Million against net assets of RM802.53 Million MYR. Check 0056 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for NCT Alliance Bhd (2006–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for NCT Alliance Bhd from 2006 to 2025, covering 20 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 cap of NCT Alliance Bhd.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 84.0% | RM674.47 Million | RM802.53 Million | RM1.34 Billion | RM660.53 Million | ▲ +18.6 pp |
| 2024 | 65.5% | RM492.82 Million | RM752.87 Million | RM683.27 Million | RM190.45 Million | ▼ -13.7 pp |
| 2023 | 79.2% | RM483.43 Million | RM610.38 Million | RM613.73 Million | RM130.31 Million | ▼ -12.6 pp |
| 2022 | 91.8% | RM455.47 Million | RM496.26 Million | RM645.36 Million | RM189.90 Million | ▼ -21.0 pp |
| 2021 | 112.8% | RM490.21 Million | RM434.58 Million | RM617.86 Million | RM127.66 Million | ▲ +14.6 pp |
| 2020 | 98.2% | RM109.66 Million | RM111.69 Million | RM171.11 Million | RM61.45 Million | ▲ +14.1 pp |
| 2019 | 84.1% | RM83.58 Million | RM99.43 Million | RM123.77 Million | RM40.19 Million | ▲ +6.9 pp |
| 2018 | 77.2% | RM98.80 Million | RM128.06 Million | RM128.89 Million | RM30.09 Million | ▲ +2.9 pp |
| 2017 | 74.2% | RM119.10 Million | RM160.42 Million | RM148.53 Million | RM29.43 Million | ▲ +8.8 pp |
| 2016 | 65.4% | RM99.52 Million | RM152.07 Million | RM143.85 Million | RM44.33 Million | ▲ +12.5 pp |
| 2015 | 53.0% | RM77.49 Million | RM146.28 Million | RM146.76 Million | RM69.27 Million | ▲ +13.9 pp |
| 2014 | 39.0% | RM40.40 Million | RM103.50 Million | RM89.61 Million | RM49.21 Million | ▲ +14.7 pp |
| 2013 | 24.3% | RM21.27 Million | RM87.40 Million | RM49.11 Million | RM27.83 Million | ▲ +1.4 pp |
| 2012 | 22.9% | RM17.05 Million | RM74.47 Million | RM39.22 Million | RM22.16 Million | ▼ -2.0 pp |
| 2011 | 24.9% | RM15.90 Million | RM63.91 Million | RM35.98 Million | RM20.08 Million | ▲ +7.4 pp |
| 2010 | 17.4% | RM8.71 Million | RM49.99 Million | RM29.65 Million | RM20.94 Million | ▲ +9.2 pp |
| 2009 | 8.2% | RM3.36 Million | RM41.02 Million | RM25.41 Million | RM22.05 Million | ▼ -4.8 pp |
| 2008 | 13.0% | RM4.21 Million | RM32.33 Million | RM19.28 Million | RM15.07 Million | ▼ -17.3 pp |
| 2007 | 30.4% | RM10.09 Million | RM33.22 Million | RM19.75 Million | RM9.66 Million | ▼ -10.7 pp |
| 2006 | 41.0% | RM12.99 Million | RM31.67 Million | RM29.14 Million | RM16.14 Million | — |