Agricore CS Holdings Berhad (0309) — 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. See Agricore CS Holdings Berhad (0309) liquidity interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Agricore CS Holdings Berhad Working Capital to Net Assets (2020–2023)
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. For the complete balance sheet picture, see 0309 current and non-current assets.
Annual Working Capital to Net Assets for Agricore CS Holdings Berhad (2020–2023)
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. Read 0309 total debt and obligations for a breakdown of total debt and financial obligations.
| 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 | — |