Agricore CS Holdings Berhad Working Capital to Net Assets Ratio
Agricore CS Holdings Berhad working capital to net assets ratio. Agricore CS Holdings Berhad (0309) has a Working Capital to Net Assets ratio of 84.2% as of September 2024. Working capital of RM45.72 Million (current assets of RM61.44 Million minus current liabilities of RM15.72 Million) is measured against net assets of RM54.30 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Agricore CS 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 Agricore CS Holdings Berhad (2020–2023)
Working capital to net assets ratio of Agricore CS Holdings Berhad from 2020 to 2023. This chart shows how Agricore CS 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 84.2%, reflecting working capital of RM45.72 Million against net assets of RM54.30 Million MYR. See how many days can Agricore CS Holdings Berhad fund operations to measure how many days the company can operate on defensive assets alone.
Agricore CS Holdings Berhad Working Capital to Net Assets Ratio by Year (2020–2023)
Agricore CS 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 Agricore CS 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 Agricore CS Holdings Berhad balance sheet assets.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 86.1% | RM45.02 Million | RM52.29 Million | RM76.62 Million | RM31.59 Million | ▲ +17.9 pp |
| 2022 | 68.2% | RM16.89 Million | RM24.78 Million | RM53.67 Million | RM36.79 Million | ▲ +23.8 pp |
| 2021 | 44.3% | RM5.92 Million | RM13.36 Million | RM39.34 Million | RM33.42 Million | ▲ +39.0 pp |
| 2020 | 5.3% | RM358.00K | RM6.71 Million | RM30.09 Million | RM29.74 Million | — |