Binasat Communications Bhd (0195) — Working Capital to Net Assets Ratio
Binasat Communications Bhd (0195) has a Working Capital to Net Assets ratio of 82.4% as of December 2025. Working capital of RM110.24 Million (current assets of RM153.24 Million minus current liabilities of RM43.00 Million) is measured against net assets of RM133.84 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Binasat Communications Bhd (0195) flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Binasat Communications Bhd Working Capital to Net Assets (2016–2025)
This chart shows how Binasat Communications Bhd's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2016 to 2025. As of December 2025, the ratio stands at 82.4%, reflecting working capital of RM110.24 Million against net assets of RM133.84 Million MYR. See Binasat Communications Bhd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Binasat Communications Bhd (2016–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Binasat Communications Bhd from 2016 to 2025, 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 Binasat Communications Bhd market capitalisation.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 77.2% | RM92.84 Million | RM120.27 Million | RM116.82 Million | RM23.98 Million | ▼ -0.4 pp |
| 2024 | 77.6% | RM87.71 Million | RM112.99 Million | RM120.25 Million | RM32.54 Million | ▲ +10.4 pp |
| 2023 | 67.3% | RM88.20 Million | RM131.15 Million | RM119.89 Million | RM31.69 Million | ▲ +1.7 pp |
| 2022 | 65.6% | RM83.02 Million | RM126.64 Million | RM98.37 Million | RM15.35 Million | ▼ -0.8 pp |
| 2021 | 66.4% | RM58.43 Million | RM88.04 Million | RM68.10 Million | RM9.67 Million | ▼ -6.5 pp |
| 2020 | 72.9% | RM57.50 Million | RM78.86 Million | RM66.09 Million | RM8.59 Million | ▼ -13.5 pp |
| 2019 | 86.5% | RM64.47 Million | RM74.57 Million | RM77.05 Million | RM12.58 Million | ▼ -5.9 pp |
| 2018 | 92.3% | RM65.54 Million | RM70.99 Million | RM75.53 Million | RM9.99 Million | ▲ +11.7 pp |
| 2017 | 80.6% | RM20.48 Million | RM25.41 Million | RM31.22 Million | RM10.73 Million | ▲ +6.2 pp |
| 2016 | 74.4% | RM12.68 Million | RM17.03 Million | RM20.80 Million | RM8.12 Million | — |