QES Group Bhd (0196) — Working Capital to Net Assets Ratio
QES Group Bhd (0196) has a Working Capital to Net Assets ratio of 70.8% as of December 2025. Working capital of RM141.42 Million (current assets of RM219.08 Million minus current liabilities of RM77.66 Million) is measured against net assets of RM199.80 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 0196 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
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 December 2025, the ratio stands at 70.8%, reflecting working capital of RM141.42 Million against net assets of RM199.80 Million MYR. See QES Group Bhd (0196) liquidity interval to measure how many days the company can operate on defensive assets alone.
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. For live market cap and the full company profile, see QES Group Bhd market cap and net worth.
| 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 | — |