Siab Holdings Bhd (0241) — Working Capital to Net Assets Ratio
Siab Holdings Bhd (0241) has a Working Capital to Net Assets ratio of 30.7% as of September 2025. Working capital of RM32.52 Million (current assets of RM647.37 Million minus current liabilities of RM614.86 Million) is measured against net assets of RM105.84 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See debt-free asset ratio of Siab Holdings Bhd to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Siab Holdings Bhd Working Capital to Net Assets (2018–2024)
This chart shows how Siab Holdings Bhd's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2018 to 2024. As of September 2025, the ratio stands at 30.7%, reflecting working capital of RM32.52 Million against net assets of RM105.84 Million MYR. Check Siab Holdings Bhd tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Siab Holdings Bhd (2018–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Siab Holdings Bhd from 2018 to 2024, covering 7 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 Siab Holdings Bhd (0241) market capitalisation.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 44.1% | RM72.02 Million | RM163.31 Million | RM556.29 Million | RM484.27 Million | ▼ -2.0 pp |
| 2023 | 46.1% | RM20.03 Million | RM43.49 Million | RM135.27 Million | RM115.24 Million | ▼ -52.1 pp |
| 2022 | 98.2% | RM53.44 Million | RM54.44 Million | RM152.71 Million | RM99.27 Million | ▼ -2.8 pp |
| 2021 | 100.9% | RM38.44 Million | RM38.09 Million | RM130.20 Million | RM91.76 Million | ▲ +14.4 pp |
| 2020 | 86.5% | RM31.76 Million | RM36.72 Million | RM152.87 Million | RM121.11 Million | ▲ +25.6 pp |
| 2019 | 60.9% | RM17.43 Million | RM28.64 Million | RM120.17 Million | RM102.74 Million | ▼ -12.1 pp |
| 2018 | 73.0% | RM15.82 Million | RM21.68 Million | RM79.18 Million | RM63.36 Million | — |