Spring Art Holdings Bhd (0216) — Working Capital to Net Assets Ratio
Spring Art Holdings Bhd (0216) has a Working Capital to Net Assets ratio of 27.7% as of September 2025. Working capital of RM24.70 Million (current assets of RM30.45 Million minus current liabilities of RM5.75 Million) is measured against net assets of RM89.28 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how financially flexible is Spring Art Holdings Bhd to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Spring Art Holdings Bhd Working Capital to Net Assets (2015–2024)
This chart shows how Spring Art Holdings Bhd's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2015 to 2024. As of September 2025, the ratio stands at 27.7%, reflecting working capital of RM24.70 Million against net assets of RM89.28 Million MYR. See 0216 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Spring Art Holdings Bhd (2015–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Spring Art Holdings 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 0216 stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 33.7% | RM31.56 Million | RM93.77 Million | RM37.67 Million | RM6.11 Million | ▲ +1.3 pp |
| 2023 | 32.4% | RM28.06 Million | RM86.60 Million | RM37.49 Million | RM9.43 Million | ▲ +1.0 pp |
| 2022 | 31.4% | RM25.16 Million | RM80.16 Million | RM31.10 Million | RM5.94 Million | ▼ -28.8 pp |
| 2021 | 60.2% | RM46.73 Million | RM77.63 Million | RM58.11 Million | RM11.38 Million | ▲ +2.7 pp |
| 2020 | 57.4% | RM42.24 Million | RM73.52 Million | RM50.54 Million | RM8.31 Million | ▼ -3.9 pp |
| 2019 | 61.3% | RM39.26 Million | RM64.00 Million | RM48.63 Million | RM9.38 Million | ▲ +23.1 pp |
| 2018 | 38.2% | RM13.78 Million | RM36.05 Million | RM19.09 Million | RM5.31 Million | ▼ -12.1 pp |
| 2017 | 50.3% | RM13.50 Million | RM26.81 Million | RM18.11 Million | RM4.61 Million | ▲ +10.4 pp |
| 2016 | 40.0% | RM7.58 Million | RM18.95 Million | RM13.03 Million | RM5.45 Million | ▲ +2.6 pp |
| 2015 | 37.4% | RM6.46 Million | RM17.28 Million | RM10.72 Million | RM4.26 Million | — |