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 33.9% as of March 2026. Working capital of RM69.81 Million (current assets of RM99.23 Million minus current liabilities of RM29.42 Million) is measured against net assets of RM206.12 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Tex Cycle Technology M Bhd (0089) 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
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 March 2026, the ratio stands at 33.9%, reflecting working capital of RM69.81 Million against net assets of RM206.12 Million MYR. See 0089 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
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 0089 market cap overview.
| 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 | — |