Green Ocean Corporation Bhd Working Capital to Net Assets Ratio
Green Ocean Corporation Bhd working capital to net assets ratio. Green Ocean Corporation Bhd (0074) has a Working Capital to Net Assets ratio of 67.1% as of June 2025. Working capital of RM44.20 Million (current assets of RM58.88 Million minus current liabilities of RM14.68 Million) is measured against net assets of RM65.89 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Green Ocean Corporation Bhd (2016–2024)
Working capital to net assets ratio of Green Ocean Corporation Bhd from 2016 to 2024. This chart shows how Green Ocean Corporation Bhd's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2016 to 2024. As of June 2025, the ratio stands at 67.1%, reflecting working capital of RM44.20 Million against net assets of RM65.89 Million MYR. See operational self-sufficiency of Green Ocean Corporation Bhd to measure how many days the company can operate on defensive assets alone.
Green Ocean Corporation Bhd Working Capital to Net Assets Ratio by Year (2016–2024)
Green Ocean Corporation Bhd working capital to net assets ratio by year from 2016 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Green Ocean Corporation Bhd from 2016 to 2024, covering 9 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 0074 current and non-current assets.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 98.2% | RM97.89 Million | RM99.70 Million | RM111.44 Million | RM13.56 Million | ▲ +4.8 pp |
| 2023 | 93.4% | RM106.23 Million | RM113.71 Million | RM111.93 Million | RM5.70 Million | ▲ +9.8 pp |
| 2022 | 83.6% | RM98.40 Million | RM117.65 Million | RM98.72 Million | RM317.20K | ▼ -1.1 pp |
| 2021 | 84.7% | RM110.59 Million | RM130.50 Million | RM112.66 Million | RM2.07 Million | ▲ +158.0 pp |
| 2020 | -73.3% | RM-7.74 Million | RM10.56 Million | RM18.55 Million | RM26.30 Million | ▼ -87.4 pp |
| 2019 | 14.1% | RM3.09 Million | RM21.99 Million | RM37.11 Million | RM34.02 Million | ▲ +9.3 pp |
| 2018 | 4.7% | RM946.85K | RM20.07 Million | RM17.96 Million | RM17.01 Million | ▼ -8.7 pp |
| 2017 | 13.5% | RM2.76 Million | RM20.50 Million | RM27.81 Million | RM25.05 Million | ▲ +5.7 pp |
| 2016 | 7.8% | RM1.59 Million | RM20.36 Million | RM38.79 Million | RM37.20 Million | — |