Kuchai Develop Bhd (2186) — Working Capital to Net Assets Ratio
Kuchai Develop Bhd (2186) has a Working Capital to Net Assets ratio of 101.1% as of September 2025. Working capital of RM64.69 Million (current assets of RM65.72 Million minus current liabilities of RM1.03 Million) is measured against net assets of RM64.00 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Kuchai Develop Bhd balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Kuchai Develop Bhd Working Capital to Net Assets (2012–2025)
This chart shows how Kuchai Develop Bhd's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2012 to 2025. As of September 2025, the ratio stands at 101.1%, reflecting working capital of RM64.69 Million against net assets of RM64.00 Million MYR. Check 2186 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Kuchai Develop Bhd (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Kuchai Develop Bhd from 2012 to 2025, covering 14 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 how much is Kuchai Develop Bhd worth.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 101.1% | RM64.74 Million | RM64.05 Million | RM65.82 Million | RM1.07 Million | ▲ +2.7 pp |
| 2024 | 98.4% | RM435.86 Million | RM442.79 Million | RM437.44 Million | RM1.58 Million | ▲ +75.6 pp |
| 2023 | 22.9% | RM79.05 Million | RM345.64 Million | RM80.64 Million | RM1.58 Million | ▼ -9.9 pp |
| 2022 | 32.7% | RM122.71 Million | RM374.79 Million | RM124.19 Million | RM1.49 Million | ▲ +19.7 pp |
| 2021 | 13.0% | RM63.29 Million | RM485.68 Million | RM64.48 Million | RM1.19 Million | ▼ -0.3 pp |
| 2020 | 13.3% | RM58.64 Million | RM439.38 Million | RM59.78 Million | RM1.14 Million | ▼ -0.5 pp |
| 2019 | 13.8% | RM68.72 Million | RM496.51 Million | RM69.86 Million | RM1.14 Million | ▲ +1.2 pp |
| 2018 | 12.6% | RM66.93 Million | RM530.46 Million | RM67.93 Million | RM998.74K | ▼ -0.3 pp |
| 2017 | 13.0% | RM64.94 Million | RM501.03 Million | RM65.95 Million | RM1.01 Million | ▲ +1.5 pp |
| 2016 | 11.4% | RM52.45 Million | RM459.02 Million | RM53.37 Million | RM918.00K | ▲ +2.0 pp |
| 2015 | 9.4% | RM45.00 Million | RM478.00 Million | RM46.00 Million | RM1.00 Million | ▼ -0.3 pp |
| 2014 | 9.7% | RM37.00 Million | RM380.00 Million | RM38.00 Million | RM1.00 Million | ▼ -0.5 pp |
| 2013 | 10.3% | RM33.00 Million | RM321.00 Million | RM34.00 Million | RM1.00 Million | ▼ -0.3 pp |
| 2012 | 10.6% | RM29.00 Million | RM274.00 Million | RM30.00 Million | RM1.00 Million | — |