United Malacca Bhd (2593) — Working Capital to Net Assets Ratio
United Malacca Bhd (2593) has a Working Capital to Net Assets ratio of 22.2% as of April 2026. Working capital of RM345.59 Million (current assets of RM429.49 Million minus current liabilities of RM83.89 Million) is measured against net assets of RM1.56 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See United Malacca Bhd (2593) flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
United Malacca Bhd Working Capital to Net Assets (2013–2026)
This chart shows how United Malacca Bhd's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2013 to 2026. As of April 2026, the ratio stands at 22.2%, reflecting working capital of RM345.59 Million against net assets of RM1.56 Billion MYR. See United Malacca Bhd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for United Malacca Bhd (2013–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for United Malacca Bhd from 2013 to 2026, 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 2593 company net worth.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 22.2% | RM345.59 Million | RM1.56 Billion | RM429.49 Million | RM83.89 Million | ▲ +5.2 pp |
| 2025 | 16.9% | RM254.72 Million | RM1.50 Billion | RM386.91 Million | RM132.19 Million | ▲ +5.8 pp |
| 2024 | 11.1% | RM164.50 Million | RM1.48 Billion | RM311.85 Million | RM147.36 Million | ▲ +4.4 pp |
| 2023 | 6.7% | RM95.48 Million | RM1.43 Billion | RM271.94 Million | RM176.45 Million | ▼ -2.4 pp |
| 2022 | 9.0% | RM126.60 Million | RM1.40 Billion | RM274.11 Million | RM147.51 Million | ▲ +6.1 pp |
| 2021 | 2.9% | RM37.80 Million | RM1.31 Billion | RM172.87 Million | RM135.08 Million | ▲ +2.0 pp |
| 2020 | 0.9% | RM12.02 Million | RM1.32 Billion | RM181.95 Million | RM169.93 Million | ▼ -1.4 pp |
| 2019 | 2.3% | RM30.09 Million | RM1.32 Billion | RM234.06 Million | RM203.97 Million | ▼ -6.0 pp |
| 2018 | 8.3% | RM113.81 Million | RM1.37 Billion | RM208.56 Million | RM94.74 Million | ▼ -6.3 pp |
| 2017 | 14.7% | RM206.73 Million | RM1.41 Billion | RM246.68 Million | RM39.95 Million | ▲ +5.1 pp |
| 2016 | 9.6% | RM163.99 Million | RM1.71 Billion | RM190.24 Million | RM26.25 Million | ▼ -2.7 pp |
| 2015 | 12.3% | RM207.00 Million | RM1.68 Billion | RM230.00 Million | RM23.00 Million | ▲ +1.0 pp |
| 2014 | 11.3% | RM189.00 Million | RM1.68 Billion | RM212.00 Million | RM23.00 Million | ▼ -0.1 pp |
| 2013 | 11.4% | RM176.00 Million | RM1.54 Billion | RM198.00 Million | RM22.00 Million | — |