HE Group Berhad (0296) — Working Capital to Net Assets Ratio
HE Group Berhad (0296) has a Working Capital to Net Assets ratio of 94.3% as of August 2024. Working capital of RM55.21 Million (current assets of RM124.65 Million minus current liabilities of RM69.45 Million) is measured against net assets of RM58.53 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See HE Group Berhad (0296) liquidity interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
HE Group Berhad Working Capital to Net Assets (2020–2022)
This chart shows how HE Group Berhad's Working Capital to Net Assets ratio has evolved across 3 annual periods from 2020 to 2022. As of August 2024, the ratio stands at 94.3%, reflecting working capital of RM55.21 Million against net assets of RM58.53 Million MYR. For the complete balance sheet picture, see 0296 total asset value.
Annual Working Capital to Net Assets for HE Group Berhad (2020–2022)
The table below presents the year-by-year Working Capital to Net Assets ratio for HE Group Berhad from 2020 to 2022, covering 3 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 HE Group Berhad (0296) asset resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2022 | 58.6% | RM9.31 Million | RM15.89 Million | RM81.38 Million | RM72.07 Million | ▲ +6.6 pp |
| 2021 | 52.0% | RM6.61 Million | RM12.72 Million | RM54.77 Million | RM48.16 Million | ▲ +8.9 pp |
| 2020 | 43.1% | RM3.92 Million | RM9.09 Million | RM14.39 Million | RM10.47 Million | — |