Sin-Kung Logistics Berhad Working Capital to Net Assets Ratio
Sin-Kung Logistics Berhad 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. Check Sin-Kung Logistics Berhad (0305) tangible net worth 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 Sin-Kung Logistics Berhad (2020–2023)
Working capital to net assets ratio of Sin-Kung Logistics Berhad from 2020 to 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 operational self-sufficiency of Sin-Kung Logistics Berhad to measure how many days the company can operate on defensive assets alone.
Sin-Kung Logistics Berhad Working Capital to Net Assets Ratio by Year (2020–2023)
Sin-Kung Logistics 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 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 the complete balance sheet picture, see Sin-Kung Logistics Berhad asset portfolio.
| 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 | — |