Vsolar Group Bhd (0066) — Working Capital to Net Assets Ratio
Vsolar Group Bhd (0066) has a Working Capital to Net Assets ratio of 64.0% as of September 2025. Working capital of RM62.79 Million (current assets of RM65.35 Million minus current liabilities of RM2.56 Million) is measured against net assets of RM98.17 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Vsolar Group Bhd (0066) 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
Vsolar Group Bhd Working Capital to Net Assets (2015–2025)
This chart shows how Vsolar Group Bhd's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2015 to 2025. As of September 2025, the ratio stands at 64.0%, reflecting working capital of RM62.79 Million against net assets of RM98.17 Million MYR. See defensive interval ratio of Vsolar Group Bhd to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Vsolar Group Bhd (2015–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Vsolar Group 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 0066 market cap.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 64.0% | RM62.79 Million | RM98.17 Million | RM65.35 Million | RM2.56 Million | ▲ +11.6 pp |
| 2024 | 52.4% | RM63.37 Million | RM120.90 Million | RM64.12 Million | RM755.84K | ▲ +7.6 pp |
| 2023 | 44.8% | RM41.01 Million | RM91.47 Million | RM48.84 Million | RM7.83 Million | ▲ +0.0 pp |
| 2022 | 44.8% | RM47.69 Million | RM106.37 Million | RM51.05 Million | RM3.36 Million | ▼ -8.4 pp |
| 2021 | 53.2% | RM54.55 Million | RM102.47 Million | RM55.33 Million | RM778.90K | ▲ +32.1 pp |
| 2020 | 21.2% | RM2.89 Million | RM13.68 Million | RM5.82 Million | RM2.93 Million | ▼ -1.1 pp |
| 2019 | 22.2% | RM3.35 Million | RM15.07 Million | RM5.20 Million | RM1.85 Million | ▼ -8.5 pp |
| 2018 | 30.7% | RM5.10 Million | RM16.61 Million | RM6.28 Million | RM1.18 Million | ▲ +1.0 pp |
| 2017 | 29.7% | RM4.97 Million | RM16.72 Million | RM6.05 Million | RM1.08 Million | ▲ +12.0 pp |
| 2016 | 17.7% | RM2.64 Million | RM14.85 Million | RM4.16 Million | RM1.52 Million | ▼ -7.4 pp |
| 2015 | 25.1% | RM4.14 Million | RM16.48 Million | RM4.80 Million | RM659.07K | — |