Pappajack Bhd (0242) — 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. See 0242 equity to assets ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Pappajack Bhd Working Capital to Net Assets (2018–2024)
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. Check 0242 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Pappajack Bhd (2018–2024)
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 live market cap and the full company profile, see Pappajack Bhd market cap and net worth.
| 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 | — |