Sunzen Biotech Bhd Working Capital to Net Assets Ratio
Sunzen Biotech Bhd working capital to net assets ratio. 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. Check Sunzen Biotech Bhd tangible equity quality to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Sunzen Biotech Bhd (2016–2023)
Working capital to net assets ratio of Sunzen Biotech Bhd from 2016 to 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. See Sunzen Biotech Bhd (0148) liquidity interval to measure how many days the company can operate on defensive assets alone.
Sunzen Biotech Bhd Working Capital to Net Assets Ratio by Year (2016–2023)
Sunzen Biotech Bhd working capital to net assets ratio by year from 2016 to 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 the complete balance sheet picture, see Sunzen Biotech Bhd assets under control.
| 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 | — |