Sin-Kung Logistics Berhad (0305) — Working Capital to Net Assets Ratio
Sin-Kung Logistics Berhad (0305) has a Working Capital to Net Assets ratio of 33.4% as of September 2024. Working capital of RM28.84 Million (current assets of RM39.86 Million minus current liabilities of RM11.02 Million) is measured against net assets of RM86.37 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 0305 FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Sin-Kung Logistics Berhad Working Capital to Net Assets (2020–2023)
This chart shows how Sin-Kung Logistics 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 33.4%, reflecting working capital of RM28.84 Million against net assets of RM86.37 Million MYR. See 0305 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Sin-Kung Logistics Berhad (2020–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Sin-Kung Logistics 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 live market cap and the full company profile, see Sin-Kung Logistics Berhad (0305) total market value.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 21.6% | RM18.11 Million | RM83.82 Million | RM29.44 Million | RM11.33 Million | ▼ -12.4 pp |
| 2022 | 34.0% | RM18.31 Million | RM53.87 Million | RM29.88 Million | RM11.57 Million | ▲ +4.9 pp |
| 2021 | 29.1% | RM12.32 Million | RM42.33 Million | RM22.51 Million | RM10.19 Million | ▲ +44.7 pp |
| 2020 | -15.6% | RM-4.31 Million | RM27.71 Million | RM15.16 Million | RM19.47 Million | — |