Managepay Systems Bhd (0156) — Working Capital to Net Assets Ratio
Managepay Systems Bhd (0156) has a Working Capital to Net Assets ratio of 30.4% as of March 2026. Working capital of RM20.18 Million (current assets of RM32.85 Million minus current liabilities of RM12.67 Million) is measured against net assets of RM66.31 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 0156 FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Managepay Systems Bhd Working Capital to Net Assets (2016–2024)
This chart shows how Managepay Systems Bhd's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2016 to 2024. As of March 2026, the ratio stands at 30.4%, reflecting working capital of RM20.18 Million against net assets of RM66.31 Million MYR. See 0156 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Managepay Systems Bhd (2016–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Managepay Systems Bhd from 2016 to 2024, covering 9 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 Managepay Systems Bhd stock valuation.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 23.4% | RM15.62 Million | RM66.82 Million | RM29.84 Million | RM14.23 Million | ▼ -2.4 pp |
| 2023 | 25.8% | RM18.04 Million | RM70.02 Million | RM36.94 Million | RM18.90 Million | ▼ -2.2 pp |
| 2022 | 28.0% | RM21.41 Million | RM76.50 Million | RM28.04 Million | RM6.62 Million | ▼ -15.8 pp |
| 2021 | 43.8% | RM37.38 Million | RM85.41 Million | RM43.00 Million | RM5.62 Million | ▲ +10.2 pp |
| 2020 | 33.6% | RM16.15 Million | RM48.11 Million | RM21.25 Million | RM5.11 Million | ▼ -7.2 pp |
| 2019 | 40.8% | RM33.03 Million | RM80.95 Million | RM39.74 Million | RM6.71 Million | ▼ -11.1 pp |
| 2018 | 52.0% | RM44.90 Million | RM86.43 Million | RM50.91 Million | RM6.00 Million | ▼ -11.5 pp |
| 2017 | 63.5% | RM60.31 Million | RM95.02 Million | RM65.50 Million | RM5.18 Million | ▼ -11.8 pp |
| 2016 | 75.2% | RM76.28 Million | RM101.37 Million | RM80.91 Million | RM4.63 Million | — |