GD Express Carrier Bhd (0078) — Working Capital to Net Assets Ratio
GD Express Carrier Bhd (0078) has a Working Capital to Net Assets ratio of 58.5% as of March 2026. Working capital of RM239.10 Million (current assets of RM325.52 Million minus current liabilities of RM86.42 Million) is measured against net assets of RM408.75 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See GD Express Carrier Bhd financial 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
GD Express Carrier Bhd Working Capital to Net Assets (2006–2025)
This chart shows how GD Express Carrier Bhd's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2006 to 2025. As of March 2026, the ratio stands at 58.5%, reflecting working capital of RM239.10 Million against net assets of RM408.75 Million MYR. See GD Express Carrier Bhd (0078) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for GD Express Carrier Bhd (2006–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for GD Express Carrier Bhd from 2006 to 2025, covering 19 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 GD Express Carrier Bhd (0078) market capitalisation.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 52.5% | RM225.90 Million | RM430.07 Million | RM319.27 Million | RM93.37 Million | ▼ -1.7 pp |
| 2024 | 54.2% | RM225.69 Million | RM416.40 Million | RM304.63 Million | RM78.94 Million | ▼ -3.4 pp |
| 2023 | 57.6% | RM282.26 Million | RM490.21 Million | RM354.75 Million | RM72.49 Million | ▼ -5.8 pp |
| 2022 | 63.4% | RM305.44 Million | RM481.91 Million | RM381.78 Million | RM76.34 Million | ▲ +2.0 pp |
| 2020 | 61.4% | RM304.93 Million | RM496.43 Million | RM386.47 Million | RM81.53 Million | ▼ -6.5 pp |
| 2019 | 67.9% | RM325.41 Million | RM479.16 Million | RM374.82 Million | RM49.41 Million | ▼ -7.5 pp |
| 2018 | 75.5% | RM339.30 Million | RM449.68 Million | RM376.34 Million | RM37.04 Million | ▼ -5.6 pp |
| 2017 | 81.1% | RM345.62 Million | RM426.15 Million | RM371.89 Million | RM26.27 Million | ▼ -7.2 pp |
| 2016 | 88.3% | RM341.47 Million | RM386.81 Million | RM366.55 Million | RM25.09 Million | ▲ +16.7 pp |
| 2015 | 71.5% | RM101.12 Million | RM141.36 Million | RM122.11 Million | RM20.99 Million | ▲ +6.1 pp |
| 2014 | 65.4% | RM63.68 Million | RM97.35 Million | RM82.22 Million | RM18.54 Million | ▲ +16.3 pp |
| 2013 | 49.1% | RM31.96 Million | RM65.07 Million | RM52.72 Million | RM20.76 Million | ▲ +9.3 pp |
| 2012 | 39.8% | RM20.77 Million | RM52.23 Million | RM43.84 Million | RM23.07 Million | ▼ -4.1 pp |
| 2011 | 43.8% | RM20.48 Million | RM46.73 Million | RM39.32 Million | RM18.84 Million | ▼ -15.6 pp |
| 2010 | 59.5% | RM25.20 Million | RM42.39 Million | RM35.82 Million | RM10.62 Million | ▲ +6.2 pp |
| 2009 | 53.3% | RM20.75 Million | RM38.94 Million | RM30.06 Million | RM9.31 Million | ▲ +2.5 pp |
| 2008 | 50.7% | RM19.43 Million | RM38.28 Million | RM28.21 Million | RM8.79 Million | ▲ +7.8 pp |
| 2007 | 43.0% | RM14.95 Million | RM34.76 Million | RM23.20 Million | RM8.26 Million | ▼ -15.1 pp |
| 2006 | 58.1% | RM18.98 Million | RM32.69 Million | RM24.91 Million | RM5.93 Million | — |