QES Group Bhd (0196) — Working Capital to Net Assets Ratio
QES Group Bhd (0196) has a Working Capital to Net Assets ratio of 72.5% as of June 2026. Working capital of RM148.08 Million (current assets of RM246.14 Million minus current liabilities of RM98.06 Million) is measured against net assets of RM204.27 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can QES Group Bhd fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
QES Group Bhd Working Capital to Net Assets (2015–2025)
This chart shows how QES Group Bhd's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2015 to 2025. As of June 2026, the ratio stands at 72.5%, reflecting working capital of RM148.08 Million against net assets of RM204.27 Million MYR. For the complete balance sheet picture, see QES Group Bhd balance sheet assets.
Annual Working Capital to Net Assets for QES Group Bhd (2015–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for QES Group 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. Check QES Group Bhd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 70.8% | RM141.42 Million | RM199.80 Million | RM219.08 Million | RM77.66 Million | ▲ +0.6 pp |
| 2024 | 70.2% | RM131.98 Million | RM188.02 Million | RM217.87 Million | RM85.89 Million | ▼ -4.6 pp |
| 2023 | 74.8% | RM133.40 Million | RM178.36 Million | RM208.87 Million | RM75.47 Million | ▼ -1.3 pp |
| 2022 | 76.1% | RM123.69 Million | RM162.63 Million | RM192.45 Million | RM68.76 Million | ▼ -4.8 pp |
| 2021 | 80.9% | RM111.48 Million | RM137.88 Million | RM184.64 Million | RM73.16 Million | ▼ -18.8 pp |
| 2020 | 99.6% | RM116.82 Million | RM117.28 Million | RM168.01 Million | RM51.18 Million | ▲ +19.4 pp |
| 2019 | 80.2% | RM71.42 Million | RM89.08 Million | RM125.87 Million | RM54.44 Million | ▼ -5.4 pp |
| 2018 | 85.6% | RM75.17 Million | RM87.79 Million | RM136.24 Million | RM61.07 Million | ▲ +4.2 pp |
| 2017 | 81.4% | RM37.87 Million | RM46.53 Million | RM100.90 Million | RM63.03 Million | ▼ -2.8 pp |
| 2016 | 84.2% | RM25.77 Million | RM30.59 Million | RM81.76 Million | RM56.00 Million | ▼ -8.6 pp |
| 2015 | 92.8% | RM20.34 Million | RM21.91 Million | RM68.04 Million | RM47.69 Million | — |