Edelteq Holdings Berhad Working Capital to Net Assets Ratio
Edelteq Holdings Berhad working capital to net assets ratio. Edelteq Holdings Berhad (0278) has a Working Capital to Net Assets ratio of 53.3% as of September 2024. Working capital of RM26.25 Million (current assets of RM31.02 Million minus current liabilities of RM4.78 Million) is measured against net assets of RM49.27 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check 0278 intangible-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 Edelteq Holdings Berhad (2020–2023)
Working capital to net assets ratio of Edelteq Holdings Berhad from 2020 to 2023. This chart shows how Edelteq 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 53.3%, reflecting working capital of RM26.25 Million against net assets of RM49.27 Million MYR. See how many days can Edelteq Holdings Berhad fund operations to measure how many days the company can operate on defensive assets alone.
Edelteq Holdings Berhad Working Capital to Net Assets Ratio by Year (2020–2023)
Edelteq 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 Edelteq 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 0278 current and non-current assets.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 65.8% | RM30.28 Million | RM46.02 Million | RM37.25 Million | RM6.97 Million | ▼ -2.7 pp |
| 2022 | 68.5% | RM13.05 Million | RM19.07 Million | RM19.17 Million | RM6.11 Million | ▲ +2.4 pp |
| 2021 | 66.0% | RM9.99 Million | RM15.13 Million | RM15.07 Million | RM5.08 Million | ▲ +1.0 pp |
| 2020 | 65.0% | RM5.66 Million | RM8.70 Million | RM13.59 Million | RM7.94 Million | — |