Glostrext Berhad (0284) — Working Capital to Net Assets Ratio
Glostrext Berhad (0284) has a Working Capital to Net Assets ratio of 59.0% as of September 2024. Working capital of RM32.97 Million (current assets of RM36.91 Million minus current liabilities of RM3.94 Million) is measured against net assets of RM55.87 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 0284 days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Glostrext Berhad Working Capital to Net Assets (2020–2024)
This chart shows how Glostrext Berhad's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2020 to 2024. As of September 2024, the ratio stands at 59.0%, reflecting working capital of RM32.97 Million against net assets of RM55.87 Million MYR. For the complete balance sheet picture, see how large is Glostrext Berhad's balance sheet.
Annual Working Capital to Net Assets for Glostrext Berhad (2020–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Glostrext Berhad from 2020 to 2024, covering 5 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. Check Glostrext Berhad (0284) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 57.2% | RM31.02 Million | RM54.21 Million | RM33.69 Million | RM2.67 Million | ▲ +4.0 pp |
| 2023 | 53.2% | RM18.74 Million | RM35.21 Million | RM21.15 Million | RM2.41 Million | ▲ +8.9 pp |
| 2022 | 44.3% | RM13.34 Million | RM30.12 Million | RM17.47 Million | RM4.13 Million | ▼ -2.5 pp |
| 2021 | 46.8% | RM11.86 Million | RM25.34 Million | RM14.82 Million | RM2.95 Million | ▼ -0.1 pp |
| 2020 | 46.9% | RM11.14 Million | RM23.75 Million | RM13.97 Million | RM2.83 Million | — |