Excel Force MSC Bhd Working Capital to Net Assets Ratio
Excel Force MSC Bhd working capital to net assets ratio. Excel Force MSC Bhd (0065) has a Working Capital to Net Assets ratio of 51.8% as of December 2025. Working capital of RM64.61 Million (current assets of RM73.18 Million minus current liabilities of RM8.57 Million) is measured against net assets of RM124.71 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Excel Force MSC Bhd (0065) tangible 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 Excel Force MSC Bhd (2003–2024)
Working capital to net assets ratio of Excel Force MSC Bhd from 2003 to 2024. This chart shows how Excel Force MSC Bhd's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2003 to 2024. As of December 2025, the ratio stands at 51.8%, reflecting working capital of RM64.61 Million against net assets of RM124.71 Million MYR. See how many days can Excel Force MSC Bhd fund operations to measure how many days the company can operate on defensive assets alone.
Excel Force MSC Bhd Working Capital to Net Assets Ratio by Year (2003–2024)
Excel Force MSC Bhd working capital to net assets ratio by year from 2003 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Excel Force MSC Bhd from 2003 to 2024, covering 22 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 Excel Force MSC Bhd (0065) total assets.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 53.0% | RM66.53 Million | RM125.52 Million | RM73.55 Million | RM7.02 Million | ▲ +1.6 pp |
| 2023 | 51.4% | RM65.87 Million | RM128.13 Million | RM75.71 Million | RM9.83 Million | ▲ +0.7 pp |
| 2022 | 50.7% | RM49.14 Million | RM96.90 Million | RM56.92 Million | RM7.78 Million | ▲ +2.1 pp |
| 2021 | 48.6% | RM49.43 Million | RM101.67 Million | RM57.73 Million | RM8.30 Million | ▼ -0.1 pp |
| 2020 | 48.8% | RM45.27 Million | RM92.86 Million | RM54.13 Million | RM8.86 Million | ▼ -1.9 pp |
| 2019 | 50.6% | RM48.86 Million | RM96.47 Million | RM53.82 Million | RM4.96 Million | ▼ -2.3 pp |
| 2018 | 52.9% | RM24.98 Million | RM47.20 Million | RM36.50 Million | RM11.52 Million | ▼ -24.5 pp |
| 2017 | 77.4% | RM36.04 Million | RM46.57 Million | RM40.62 Million | RM4.58 Million | ▲ +24.6 pp |
| 2016 | 52.8% | RM23.98 Million | RM45.42 Million | RM27.32 Million | RM3.33 Million | ▲ +2.3 pp |
| 2015 | 50.5% | RM22.43 Million | RM44.45 Million | RM27.69 Million | RM5.26 Million | ▼ -2.2 pp |
| 2014 | 52.7% | RM22.69 Million | RM43.08 Million | RM27.59 Million | RM4.90 Million | ▼ -12.1 pp |
| 2013 | 64.8% | RM25.36 Million | RM39.14 Million | RM28.85 Million | RM3.49 Million | ▼ -3.0 pp |
| 2012 | 67.8% | RM27.34 Million | RM40.34 Million | RM33.10 Million | RM5.76 Million | ▼ -5.0 pp |
| 2011 | 72.8% | RM27.47 Million | RM37.74 Million | RM32.58 Million | RM5.11 Million | ▼ -3.6 pp |
| 2010 | 76.4% | RM27.38 Million | RM35.83 Million | RM28.92 Million | RM1.54 Million | ▲ +8.0 pp |
| 2009 | 68.4% | RM19.51 Million | RM28.53 Million | RM21.36 Million | RM1.85 Million | ▲ +7.5 pp |
| 2008 | 60.9% | RM14.11 Million | RM23.16 Million | RM16.93 Million | RM2.82 Million | ▼ -0.2 pp |
| 2007 | 61.1% | RM12.76 Million | RM20.87 Million | RM13.42 Million | RM661.96K | ▼ -0.2 pp |
| 2006 | 61.4% | RM9.03 Million | RM14.71 Million | RM10.27 Million | RM1.24 Million | ▼ -5.0 pp |
| 2005 | 66.3% | RM9.56 Million | RM14.42 Million | RM10.04 Million | RM474.87K | ▼ -4.9 pp |
| 2004 | 71.3% | RM9.79 Million | RM13.75 Million | RM10.82 Million | RM1.02 Million | ▲ +32.4 pp |
| 2003 | 38.9% | RM1.61 Million | RM4.14 Million | RM2.35 Million | RM736.23K | — |