Zelan Bhd (2283) — Working Capital to Net Assets Ratio
Zelan Bhd (2283) has a Working Capital to Net Assets ratio of 136.2% as of March 2026. Working capital of RM-187.98 Million (current assets of RM66.58 Million minus current liabilities of RM254.56 Million) is measured against net assets of RM-138.01 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of Zelan Bhd to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Zelan Bhd Working Capital to Net Assets (2012–2025)
This chart shows how Zelan Bhd's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2012 to 2025. As of March 2026, the ratio stands at 136.2%, reflecting working capital of RM-187.98 Million against net assets of RM-138.01 Million MYR. See defensive interval ratio of Zelan Bhd to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Zelan Bhd (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Zelan 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 Zelan Bhd (2283) market capitalisation.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 133.8% | RM-200.16 Million | RM-149.60 Million | RM64.40 Million | RM264.56 Million | ▼ -9.0 pp |
| 2024 | 142.8% | RM-132.45 Million | RM-92.77 Million | RM64.08 Million | RM196.52 Million | ▲ +62.4 pp |
| 2023 | 80.4% | RM125.36 Million | RM155.92 Million | RM322.47 Million | RM197.12 Million | ▲ +286.2 pp |
| 2022 | -205.8% | RM-176.80 Million | RM85.92 Million | RM73.25 Million | RM250.05 Million | ▲ +37.5 pp |
| 2021 | -243.3% | RM-205.02 Million | RM84.27 Million | RM96.13 Million | RM301.15 Million | ▼ -43.9 pp |
| 2020 | -199.4% | RM-175.44 Million | RM88.00 Million | RM88.60 Million | RM264.04 Million | ▲ +66.7 pp |
| 2019 | -266.1% | RM-145.59 Million | RM54.71 Million | RM96.69 Million | RM242.28 Million | ▲ +447.3 pp |
| 2018 | -713.4% | RM-315.68 Million | RM44.25 Million | RM100.29 Million | RM415.97 Million | ▼ -324.4 pp |
| 2017 | -388.9% | RM-269.48 Million | RM69.28 Million | RM98.31 Million | RM367.79 Million | ▼ -283.7 pp |
| 2016 | -105.2% | RM-138.86 Million | RM131.99 Million | RM167.11 Million | RM305.98 Million | ▼ -79.4 pp |
| 2015 | -25.9% | RM-53.00 Million | RM205.00 Million | RM240.00 Million | RM293.00 Million | ▼ -31.5 pp |
| 2014 | 5.6% | RM10.00 Million | RM177.00 Million | RM199.00 Million | RM189.00 Million | ▲ +11.5 pp |
| 2013 | -5.8% | RM-8.00 Million | RM137.00 Million | RM292.00 Million | RM300.00 Million | ▲ +171.6 pp |
| 2012 | -177.5% | RM-252.00 Million | RM142.00 Million | RM275.00 Million | RM527.00 Million | — |