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 Zelan Bhd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
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. For the complete balance sheet picture, see balance sheet size of Zelan Bhd.
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. Explore long-term investment intensity of Zelan Bhd to see how much of total assets are deployed in long-term investments.
| 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 | — |