Smtrack Bhd (0169) — Working Capital to Net Assets Ratio
Smtrack Bhd (0169) has a Working Capital to Net Assets ratio of 3.5% as of July 2025. Working capital of RM1.59 Million (current assets of RM5.41 Million minus current liabilities of RM3.82 Million) is measured against net assets of RM45.03 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how financially flexible is Smtrack Bhd to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Smtrack Bhd Working Capital to Net Assets (2015–2024)
This chart shows how Smtrack Bhd's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2015 to 2024. As of July 2025, the ratio stands at 3.5%, reflecting working capital of RM1.59 Million against net assets of RM45.03 Million MYR. See Smtrack Bhd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Smtrack Bhd (2015–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Smtrack 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. For live market cap and the full company profile, see Smtrack Bhd stock valuation.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 3.7% | RM1.69 Million | RM45.73 Million | RM5.68 Million | RM3.98 Million | ▼ -8.0 pp |
| 2023 | 11.7% | RM8.55 Million | RM73.00 Million | RM32.33 Million | RM23.78 Million | ▼ -5.1 pp |
| 2022 | 16.8% | RM12.74 Million | RM75.76 Million | RM38.13 Million | RM25.39 Million | ▼ -10.1 pp |
| 2021 | 26.9% | RM11.77 Million | RM43.79 Million | RM20.31 Million | RM8.54 Million | ▼ -35.8 pp |
| 2020 | 62.7% | RM4.84 Million | RM7.73 Million | RM7.31 Million | RM2.47 Million | ▲ +6.6 pp |
| 2019 | 56.0% | RM6.46 Million | RM11.54 Million | RM9.23 Million | RM2.77 Million | ▼ -42.4 pp |
| 2018 | 98.4% | RM12.50 Million | RM12.70 Million | RM14.25 Million | RM1.76 Million | ▲ +5.7 pp |
| 2017 | 92.7% | RM7.85 Million | RM8.46 Million | RM8.87 Million | RM1.03 Million | ▲ +16.7 pp |
| 2016 | 76.0% | RM13.46 Million | RM17.71 Million | RM15.14 Million | RM1.68 Million | ▲ +39.6 pp |
| 2015 | 36.4% | RM5.51 Million | RM15.12 Million | RM8.67 Million | RM3.16 Million | — |