Wellspire Holdings Berhad Working Capital to Net Assets Ratio
Wellspire Holdings Berhad 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.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Wellspire Holdings Berhad (2020–2023)
Working capital to net assets ratio of Wellspire Holdings Berhad from 2020 to 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 0271 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Wellspire Holdings Berhad Working Capital to Net Assets Ratio by Year (2020–2023)
Wellspire Holdings Berhad working capital to net assets ratio by year from 2020 to 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 the complete balance sheet picture, see balance sheet size of Wellspire Holdings Berhad.
| 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 | — |