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 financial agility of Glostrext Berhad to measure the company's free cash flow as a share of total liabilities.
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. See defensive interval ratio of Glostrext Berhad to measure how many days the company can operate on defensive assets alone.
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 how much is Glostrext Berhad 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 | — |