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 58.9% as of December 2025. Working capital of RM241.94 Million (current assets of RM336.25 Million minus current liabilities of RM94.31 Million) is measured against net assets of RM410.76 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See GD Express Carrier Bhd (0078) net asset quality to measure how much of total assets are equity-financed.
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 December 2025, the ratio stands at 58.9%, reflecting working capital of RM241.94 Million against net assets of RM410.76 Million MYR. Check how tangible is GD Express Carrier Bhd's equity to evaluate the tangible quality of the company's equity base.
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 0078 company net worth.
| 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 | — |