Bioalpha Holdings Bhd (0179) — Working Capital to Net Assets Ratio
Bioalpha Holdings Bhd (0179) has a Working Capital to Net Assets ratio of 28.1% as of December 2025. Working capital of RM19.53 Million (current assets of RM26.47 Million minus current liabilities of RM6.94 Million) is measured against net assets of RM69.43 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 0179 financial flexibility score to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Bioalpha Holdings Bhd Working Capital to Net Assets (2015–2025)
This chart shows how Bioalpha Holdings Bhd's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2015 to 2025. As of December 2025, the ratio stands at 28.1%, reflecting working capital of RM19.53 Million against net assets of RM69.43 Million MYR. See defensive interval ratio of Bioalpha Holdings Bhd to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Bioalpha Holdings Bhd (2015–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Bioalpha Holdings Bhd from 2015 to 2025, covering 11 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 0179 market cap overview.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 28.1% | RM19.53 Million | RM69.43 Million | RM26.47 Million | RM6.94 Million | ▼ -7.9 pp |
| 2024 | 36.0% | RM35.39 Million | RM98.34 Million | RM48.48 Million | RM13.09 Million | ▲ +11.6 pp |
| 2023 | 24.4% | RM31.11 Million | RM127.37 Million | RM52.84 Million | RM21.72 Million | ▼ -15.5 pp |
| 2022 | 39.9% | RM66.98 Million | RM167.86 Million | RM81.72 Million | RM14.74 Million | ▼ -0.1 pp |
| 2021 | 40.0% | RM74.75 Million | RM186.67 Million | RM89.60 Million | RM14.86 Million | ▲ +2.1 pp |
| 2020 | 38.0% | RM61.12 Million | RM160.90 Million | RM70.53 Million | RM9.41 Million | ▼ -4.5 pp |
| 2019 | 42.5% | RM70.29 Million | RM165.55 Million | RM81.41 Million | RM11.12 Million | ▼ -8.3 pp |
| 2018 | 50.8% | RM80.04 Million | RM157.62 Million | RM89.96 Million | RM9.92 Million | ▲ +0.1 pp |
| 2017 | 50.7% | RM68.68 Million | RM135.44 Million | RM80.71 Million | RM12.04 Million | ▲ +0.1 pp |
| 2016 | 50.6% | RM49.63 Million | RM97.99 Million | RM60.65 Million | RM11.03 Million | ▼ -3.1 pp |
| 2015 | 53.7% | RM42.44 Million | RM79.00 Million | RM48.82 Million | RM6.38 Million | — |