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 balance sheet quality to measure how much of total assets are equity-financed.
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. Check how tangible is HE Group Berhad's equity to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company profile, see market cap of HE Group Berhad.
| 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 | — |