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 Glostrext Berhad (0284) balance sheet quality index to measure how much of total assets are equity-financed.
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. Check Glostrext Berhad (0284) tangible net worth to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company profile, see Glostrext Berhad market cap and net worth.
| 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 | — |