Alliance Financial Group Bhd (2488) — Working Capital to Net Assets Ratio
Alliance Financial Group Bhd (2488) has a Working Capital to Net Assets ratio of -742.0% as of September 2025. Working capital of RM-63.88 Billion (current assets of RM4.51 Billion minus current liabilities of RM68.40 Billion) is measured against net assets of RM8.61 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 2488 financial flexibility score to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Alliance Financial Group Bhd Working Capital to Net Assets (2006–2025)
This chart shows how Alliance Financial Group Bhd's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2006 to 2025. As of September 2025, the ratio stands at -742.0%, reflecting working capital of RM-63.88 Billion against net assets of RM8.61 Billion MYR. See operational self-sufficiency of Alliance Financial Group Bhd to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Alliance Financial Group Bhd (2006–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Alliance Financial Group Bhd from 2006 to 2025, covering 20 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 2488 market cap overview.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -761.8% | RM-58.42 Billion | RM7.67 Billion | RM8.00 Billion | RM66.42 Billion | ▼ -52.3 pp |
| 2024 | -709.5% | RM-50.91 Billion | RM7.18 Billion | RM6.89 Billion | RM57.80 Billion | ▼ -716.6 pp |
| 2023 | 7.1% | RM4.58 Billion | RM64.63 Billion | RM4.61 Billion | RM28.40 Million | ▼ -60.4 pp |
| 2022 | 67.5% | RM4.33 Billion | RM6.42 Billion | RM4.36 Billion | RM28.40 Million | ▲ +2.0 pp |
| 2021 | 65.5% | RM4.10 Billion | RM6.26 Billion | RM4.16 Billion | RM63.42 Million | ▼ -2.3 pp |
| 2020 | 67.9% | RM4.06 Billion | RM5.99 Billion | RM4.09 Billion | RM22.29 Million | ▲ +21.8 pp |
| 2019 | 46.1% | RM2.64 Billion | RM5.73 Billion | RM2.69 Billion | RM51.16 Million | ▼ -18.0 pp |
| 2018 | 64.1% | RM3.50 Billion | RM5.46 Billion | RM3.57 Billion | RM75.10 Million | ▲ +21.1 pp |
| 2017 | 43.0% | RM2.20 Billion | RM5.11 Billion | RM2.27 Billion | RM69.07 Million | ▲ +861.4 pp |
| 2016 | -818.4% | RM-39.63 Billion | RM4.84 Billion | RM7.23 Billion | RM46.86 Billion | ▲ +79.1 pp |
| 2015 | -897.5% | RM-40.34 Billion | RM4.50 Billion | RM5.38 Billion | RM45.72 Billion | ▼ -10.7 pp |
| 2014 | -886.8% | RM-36.94 Billion | RM4.17 Billion | RM4.93 Billion | RM41.88 Billion | ▼ -43.4 pp |
| 2013 | -843.3% | RM-34.03 Billion | RM4.04 Billion | RM3.37 Billion | RM37.40 Billion | ▼ -53.6 pp |
| 2012 | -789.7% | RM-29.79 Billion | RM3.77 Billion | RM3.82 Billion | RM33.61 Billion | ▲ +15.3 pp |
| 2011 | -805.1% | RM-27.61 Billion | RM3.43 Billion | RM1.85 Billion | RM29.46 Billion | ▼ -921.2 pp |
| 2010 | 116.1% | RM3.43 Billion | RM2.95 Billion | RM4.05 Billion | RM618.60 Million | ▼ -78.3 pp |
| 2009 | 194.4% | RM5.38 Billion | RM2.77 Billion | RM5.43 Billion | RM54.07 Million | ▲ +812.4 pp |
| 2008 | -617.9% | RM-16.03 Billion | RM2.59 Billion | RM7.05 Billion | RM23.08 Billion | ▲ +43.8 pp |
| 2007 | -661.8% | RM-12.89 Billion | RM1.95 Billion | RM7.55 Billion | RM20.44 Billion | ▲ +143.7 pp |
| 2006 | -805.5% | RM-14.07 Billion | RM1.75 Billion | RM4.73 Billion | RM18.81 Billion | — |