Appasia Bhd (0119) — Working Capital to Net Assets Ratio
Appasia Bhd (0119) has a Working Capital to Net Assets ratio of 81.1% as of September 2025. Working capital of RM36.07 Million (current assets of RM38.04 Million minus current liabilities of RM1.97 Million) is measured against net assets of RM44.50 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Appasia Bhd (0119) liquidity interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Appasia Bhd Working Capital to Net Assets (2015–2024)
This chart shows how Appasia Bhd's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2015 to 2024. As of September 2025, the ratio stands at 81.1%, reflecting working capital of RM36.07 Million against net assets of RM44.50 Million MYR. For the complete balance sheet picture, see Appasia Bhd assets under control.
Annual Working Capital to Net Assets for Appasia Bhd (2015–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Appasia Bhd from 2015 to 2024, 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. Check 0119 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 86.3% | RM34.20 Million | RM39.63 Million | RM36.75 Million | RM2.55 Million | ▲ +4.5 pp |
| 2023 | 81.8% | RM20.59 Million | RM25.17 Million | RM24.00 Million | RM3.41 Million | ▲ +4.8 pp |
| 2022 | 77.0% | RM18.75 Million | RM24.33 Million | RM22.97 Million | RM4.22 Million | ▼ -0.5 pp |
| 2021 | 77.5% | RM18.70 Million | RM24.11 Million | RM24.79 Million | RM6.10 Million | ▲ +0.2 pp |
| 2020 | 77.3% | RM22.37 Million | RM28.92 Million | RM28.06 Million | RM5.69 Million | ▼ -1.0 pp |
| 2019 | 78.3% | RM20.78 Million | RM26.54 Million | RM25.68 Million | RM4.90 Million | ▼ -5.4 pp |
| 2018 | 83.7% | RM22.69 Million | RM27.12 Million | RM26.30 Million | RM3.61 Million | ▼ -1.3 pp |
| 2017 | 85.0% | RM22.63 Million | RM26.62 Million | RM122.10 Million | RM99.47 Million | ▲ +36.4 pp |
| 2016 | 48.6% | RM4.88 Million | RM10.04 Million | RM6.44 Million | RM1.55 Million | ▼ -34.7 pp |
| 2015 | 83.3% | RM12.65 Million | RM15.18 Million | RM14.73 Million | RM2.08 Million | — |