Green Ocean Corporation Bhd (0074) — 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. See Green Ocean Corporation Bhd (0074) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Green Ocean Corporation Bhd Working Capital to Net Assets (2016–2024)
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. Check 0074 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Green Ocean Corporation Bhd (2016–2024)
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 live market cap and the full company profile, see Green Ocean Corporation Bhd (0074) market capitalisation.
| 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 | — |