Managepay Systems Bhd (0156) — Working Capital to Net Assets Ratio
Managepay Systems Bhd (0156) has a Working Capital to Net Assets ratio of 33.6% as of December 2025. Working capital of RM23.11 Million (current assets of RM36.61 Million minus current liabilities of RM13.50 Million) is measured against net assets of RM68.88 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Managepay Systems Bhd (0156) net asset quality to measure how much of total assets are equity-financed.
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 December 2025, the ratio stands at 33.6%, reflecting working capital of RM23.11 Million against net assets of RM68.88 Million MYR. Check Managepay Systems Bhd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
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 0156 market cap overview.
| 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 | — |