Wellspire Holdings Berhad (0271) — Working Capital to Net Assets Ratio
Wellspire Holdings Berhad (0271) has a Working Capital to Net Assets ratio of 104.1% as of September 2024. Working capital of RM63.81 Million (current assets of RM67.69 Million minus current liabilities of RM3.87 Million) is measured against net assets of RM61.29 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of Wellspire Holdings Berhad to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Wellspire Holdings Berhad Working Capital to Net Assets (2020–2023)
This chart shows how Wellspire Holdings Berhad's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2020 to 2023. As of September 2024, the ratio stands at 104.1%, reflecting working capital of RM63.81 Million against net assets of RM61.29 Million MYR. See Wellspire Holdings Berhad (0271) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Wellspire Holdings Berhad (2020–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Wellspire Holdings Berhad from 2020 to 2023, covering 4 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 0271 stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 103.3% | RM62.84 Million | RM60.85 Million | RM69.52 Million | RM6.68 Million | ▼ 0.0 pp |
| 2022 | 103.3% | RM28.63 Million | RM27.71 Million | RM38.65 Million | RM10.02 Million | ▲ +5.4 pp |
| 2021 | 97.9% | RM14.17 Million | RM14.47 Million | RM30.58 Million | RM16.41 Million | ▼ -6.5 pp |
| 2020 | 104.4% | RM20.46 Million | RM19.60 Million | RM31.19 Million | RM10.73 Million | — |