Sunzen Biotech Bhd (0148) — Working Capital to Net Assets Ratio

Latest as of March 2024: 32.7%

Sunzen Biotech Bhd (0148) has a Working Capital to Net Assets ratio of 32.7% as of March 2024. Working capital of RM45.83 Million (current assets of RM53.85 Million minus current liabilities of RM8.02 Million) is measured against net assets of RM140.31 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Sunzen Biotech Bhd (0148) balance sheet quality index to measure how much of total assets are equity-financed.

WC/NA Ratio

32.7%
Working Capital / Net Assets

Working Capital

RM45.83 Million
MYR

Current Assets

RM53.85 Million
MYR

Current Liabilities

RM8.02 Million
MYR

Sunzen Biotech Bhd Working Capital to Net Assets (2016–2023)

This chart shows how Sunzen Biotech Bhd's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2016 to 2023. As of March 2024, the ratio stands at 32.7%, reflecting working capital of RM45.83 Million against net assets of RM140.31 Million MYR. Check tangible net worth ratio of Sunzen Biotech Bhd to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for Sunzen Biotech Bhd (2016–2023)

The table below presents the year-by-year Working Capital to Net Assets ratio for Sunzen Biotech Bhd from 2016 to 2023, covering 8 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 0148 market cap overview.

Year WC/NA Ratio Working Capital (MYR) Net Assets Current Assets Current Liabilities Change (pp)
2023 32.8% RM49.16 Million RM149.84 Million RM57.16 Million RM8.00 Million ▲ +5.9 pp
2022 26.9% RM32.84 Million RM121.88 Million RM45.98 Million RM13.14 Million ▼ -25.2 pp
2021 52.2% RM61.61 Million RM118.10 Million RM76.22 Million RM14.61 Million ▼ -10.1 pp
2020 62.3% RM54.45 Million RM87.47 Million RM75.72 Million RM21.27 Million ▲ +4.0 pp
2019 58.3% RM53.25 Million RM91.37 Million RM65.63 Million RM12.38 Million ▲ +3.6 pp
2018 54.7% RM58.47 Million RM106.94 Million RM83.46 Million RM25.00 Million ▼ -9.7 pp
2017 64.3% RM64.00 Million RM99.45 Million RM81.48 Million RM17.48 Million ▼ -2.0 pp
2016 66.4% RM64.52 Million RM97.23 Million RM70.97 Million RM6.46 Million
pp = percentage points