Pappajack Bhd Working Capital to Net Assets Ratio
Pappajack Bhd working capital to net assets ratio. Pappajack Bhd (0242) has a Working Capital to Net Assets ratio of 94.8% as of June 2025. Working capital of RM257.97 Million (current assets of RM336.62 Million minus current liabilities of RM78.65 Million) is measured against net assets of RM272.10 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check 0242 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Pappajack Bhd (2018–2024)
Working capital to net assets ratio of Pappajack Bhd from 2018 to 2024. This chart shows how Pappajack Bhd's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2018 to 2024. As of June 2025, the ratio stands at 94.8%, reflecting working capital of RM257.97 Million against net assets of RM272.10 Million MYR. See Pappajack Bhd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Pappajack Bhd Working Capital to Net Assets Ratio by Year (2018–2024)
Pappajack Bhd working capital to net assets ratio by year from 2018 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Pappajack 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 the complete balance sheet picture, see Pappajack Bhd (0242) total assets.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 96.7% | RM253.67 Million | RM262.34 Million | RM287.61 Million | RM33.94 Million | ▼ -0.2 pp |
| 2023 | 96.9% | RM237.56 Million | RM245.28 Million | RM272.00 Million | RM34.44 Million | ▲ +0.5 pp |
| 2022 | 96.3% | RM167.08 Million | RM173.46 Million | RM206.65 Million | RM39.58 Million | ▼ -4.3 pp |
| 2021 | 100.6% | RM115.49 Million | RM114.80 Million | RM124.04 Million | RM8.56 Million | ▼ -5.9 pp |
| 2020 | 106.5% | RM115.06 Million | RM108.01 Million | RM117.97 Million | RM2.91 Million | ▲ +6.3 pp |
| 2019 | 100.3% | RM64.85 Million | RM64.69 Million | RM66.66 Million | RM1.81 Million | ▲ +4.3 pp |
| 2018 | 96.0% | RM52.72 Million | RM54.93 Million | RM54.74 Million | RM2.02 Million | — |