Elsoft Research Bhd (0090) — Working Capital to Net Assets Ratio
Elsoft Research Bhd (0090) has a Working Capital to Net Assets ratio of 75.3% as of December 2025. Working capital of RM83.39 Million (current assets of RM90.58 Million minus current liabilities of RM7.19 Million) is measured against net assets of RM110.74 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Elsoft Research Bhd balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Elsoft Research Bhd Working Capital to Net Assets (2004–2025)
This chart shows how Elsoft Research Bhd's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2004 to 2025. As of December 2025, the ratio stands at 75.3%, reflecting working capital of RM83.39 Million against net assets of RM110.74 Million MYR. Check Elsoft Research Bhd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Elsoft Research Bhd (2004–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Elsoft Research Bhd from 2004 to 2025, covering 22 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 market cap of Elsoft Research Bhd.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 75.3% | RM83.39 Million | RM110.74 Million | RM90.58 Million | RM7.19 Million | ▲ +0.1 pp |
| 2024 | 75.2% | RM81.93 Million | RM109.00 Million | RM85.70 Million | RM3.77 Million | ▲ +1.7 pp |
| 2023 | 73.5% | RM98.78 Million | RM134.41 Million | RM103.34 Million | RM4.56 Million | ▼ -5.8 pp |
| 2022 | 79.3% | RM110.22 Million | RM138.93 Million | RM121.73 Million | RM11.51 Million | ▲ +7.8 pp |
| 2021 | 71.6% | RM77.77 Million | RM108.67 Million | RM88.13 Million | RM10.36 Million | ▲ +2.7 pp |
| 2020 | 68.8% | RM70.01 Million | RM101.70 Million | RM75.21 Million | RM5.20 Million | ▲ +3.8 pp |
| 2019 | 65.0% | RM69.34 Million | RM106.66 Million | RM81.13 Million | RM11.79 Million | ▼ -2.7 pp |
| 2018 | 67.7% | RM76.49 Million | RM112.93 Million | RM92.47 Million | RM15.98 Million | ▲ +4.8 pp |
| 2017 | 63.0% | RM63.61 Million | RM101.03 Million | RM81.28 Million | RM17.67 Million | ▲ +1.6 pp |
| 2016 | 61.3% | RM60.23 Million | RM98.22 Million | RM73.01 Million | RM12.78 Million | ▲ +8.0 pp |
| 2015 | 53.3% | RM44.41 Million | RM83.26 Million | RM53.68 Million | RM9.27 Million | ▼ -3.5 pp |
| 2014 | 56.8% | RM41.79 Million | RM73.58 Million | RM48.94 Million | RM7.15 Million | ▲ +1.3 pp |
| 2013 | 55.5% | RM33.69 Million | RM60.73 Million | RM37.51 Million | RM3.82 Million | ▼ -3.4 pp |
| 2012 | 58.9% | RM32.60 Million | RM55.35 Million | RM37.65 Million | RM5.05 Million | ▼ -7.1 pp |
| 2011 | 66.0% | RM33.36 Million | RM50.55 Million | RM36.00 Million | RM2.64 Million | ▲ +2.3 pp |
| 2010 | 63.7% | RM30.22 Million | RM47.43 Million | RM31.84 Million | RM1.62 Million | ▲ +2.4 pp |
| 2009 | 61.3% | RM27.74 Million | RM45.23 Million | RM28.63 Million | RM892.98K | ▲ +1.7 pp |
| 2008 | 59.6% | RM27.06 Million | RM45.39 Million | RM28.79 Million | RM1.73 Million | ▼ -0.4 pp |
| 2007 | 60.0% | RM27.72 Million | RM46.22 Million | RM31.26 Million | RM3.53 Million | ▼ -2.5 pp |
| 2006 | 62.5% | RM30.03 Million | RM48.02 Million | RM33.03 Million | RM3.00 Million | ▼ -18.8 pp |
| 2005 | 81.4% | RM36.72 Million | RM45.12 Million | RM40.44 Million | RM3.72 Million | ▲ +10.4 pp |
| 2004 | 71.0% | RM35.06 Million | RM49.36 Million | RM45.59 Million | RM10.53 Million | — |