Farm Price Holdings Berhad Working Capital to Net Assets Ratio
Farm Price Holdings Berhad 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. Check Farm Price Holdings Berhad tangible equity quality to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Farm Price Holdings Berhad (2020–2023)
Working capital to net assets ratio of Farm Price Holdings Berhad from 2020 to 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. See 0304 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Farm Price Holdings Berhad Working Capital to Net Assets Ratio by Year (2020–2023)
Farm Price Holdings Berhad working capital to net assets ratio by year from 2020 to 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. For the complete balance sheet picture, see 0304 asset base.
| 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 | — |