Tex Cycle Technology M Bhd (0089) — Working Capital to Net Assets Ratio
Tex Cycle Technology M Bhd (0089) has a Working Capital to Net Assets ratio of 8.6% as of December 2025. Working capital of RM16.45 Million (current assets of RM52.61 Million minus current liabilities of RM36.17 Million) is measured against net assets of RM191.55 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 0089 equity financing ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Tex Cycle Technology M Bhd Working Capital to Net Assets (2016–2025)
This chart shows how Tex Cycle Technology M Bhd's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2016 to 2025. As of December 2025, the ratio stands at 8.6%, reflecting working capital of RM16.45 Million against net assets of RM191.55 Million MYR. Check 0089 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Tex Cycle Technology M Bhd (2016–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Tex Cycle Technology M Bhd from 2016 to 2025, covering 10 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 Tex Cycle Technology M Bhd (0089) market capitalisation.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 8.6% | RM16.45 Million | RM191.55 Million | RM52.61 Million | RM36.17 Million | ▼ -8.7 pp |
| 2024 | 17.3% | RM32.15 Million | RM186.33 Million | RM51.20 Million | RM19.05 Million | ▼ -9.6 pp |
| 2023 | 26.8% | RM37.18 Million | RM138.51 Million | RM45.17 Million | RM7.99 Million | ▼ -3.0 pp |
| 2022 | 29.8% | RM36.68 Million | RM123.06 Million | RM44.29 Million | RM7.61 Million | ▲ +9.8 pp |
| 2021 | 20.0% | RM22.96 Million | RM114.89 Million | RM30.63 Million | RM7.67 Million | ▼ -6.0 pp |
| 2020 | 26.0% | RM28.23 Million | RM108.65 Million | RM33.53 Million | RM5.30 Million | ▼ -5.8 pp |
| 2019 | 31.8% | RM33.52 Million | RM105.56 Million | RM37.93 Million | RM4.41 Million | ▼ -1.2 pp |
| 2018 | 33.0% | RM33.48 Million | RM101.60 Million | RM38.10 Million | RM4.62 Million | ▲ +0.7 pp |
| 2017 | 32.2% | RM30.87 Million | RM95.83 Million | RM34.59 Million | RM3.72 Million | ▲ +3.8 pp |
| 2016 | 28.5% | RM24.15 Million | RM84.86 Million | RM26.84 Million | RM2.69 Million | — |