Farm Price Holdings Berhad (0304) — Working Capital to Net Assets Ratio
Farm Price Holdings Berhad (0304) has a Working Capital to Net Assets ratio of 71.0% as of September 2024. Working capital of RM39.80 Million (current assets of RM50.57 Million minus current liabilities of RM10.77 Million) is measured against net assets of RM56.08 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can Farm Price Holdings Berhad fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Farm Price Holdings Berhad Working Capital to Net Assets (2020–2023)
This chart shows how Farm Price Holdings Berhad's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2020 to 2023. As of September 2024, the ratio stands at 71.0%, reflecting working capital of RM39.80 Million against net assets of RM56.08 Million MYR. For the complete balance sheet picture, see 0304 asset base.
Annual Working Capital to Net Assets for Farm Price Holdings Berhad (2020–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Farm Price Holdings Berhad from 2020 to 2023, covering 4 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 how resilient are Farm Price Holdings Berhad's assets to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 67.8% | RM31.95 Million | RM47.12 Million | RM45.34 Million | RM13.39 Million | ▲ +53.1 pp |
| 2022 | 14.7% | RM2.34 Million | RM15.90 Million | RM18.67 Million | RM16.33 Million | ▲ +26.7 pp |
| 2021 | -12.0% | RM-1.33 Million | RM11.11 Million | RM17.54 Million | RM18.87 Million | ▼ -14.0 pp |
| 2020 | 2.0% | RM161.00K | RM7.99 Million | RM16.83 Million | RM16.67 Million | — |