Carzo Holdings Bhd (03048) — Working Capital to Net Assets Ratio
Carzo Holdings Bhd (03048) has a Working Capital to Net Assets ratio of 88.3% as of June 2025. Working capital of RM-11.92 Million (current assets of RM3.82 Million minus current liabilities of RM15.74 Million) is measured against net assets of RM-13.51 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 03048 free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Carzo Holdings Bhd Working Capital to Net Assets (2019–2024)
This chart shows how Carzo Holdings Bhd's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2019 to 2024. As of June 2025, the ratio stands at 88.3%, reflecting working capital of RM-11.92 Million against net assets of RM-13.51 Million MYR. See 03048 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Carzo Holdings Bhd (2019–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Carzo Holdings Bhd from 2019 to 2024, covering 6 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 Carzo Holdings Bhd market capitalisation.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 88.3% | RM-11.92 Million | RM-13.51 Million | RM3.82 Million | RM15.74 Million | ▼ -7.3 pp |
| 2023 | 95.6% | RM-11.55 Million | RM-12.08 Million | RM5.83 Million | RM17.38 Million | ▲ +150.3 pp |
| 2022 | -54.7% | RM2.62 Million | RM-4.80 Million | RM17.75 Million | RM15.13 Million | ▼ -153.5 pp |
| 2021 | 98.9% | RM9.25 Million | RM9.36 Million | RM28.20 Million | RM18.95 Million | ▼ -29.6 pp |
| 2020 | 128.5% | RM3.51 Million | RM2.73 Million | RM18.09 Million | RM14.58 Million | ▲ +25.9 pp |
| 2019 | 102.6% | RM-542.98K | RM-529.03K | RM13.71 Million | RM14.26 Million | — |