Dutch Lady Milk Industries Bhd (3026) — Working Capital to Net Assets Ratio
Dutch Lady Milk Industries Bhd (3026) has a Working Capital to Net Assets ratio of -9.7% as of December 2025. Working capital of RM-55.78 Million (current assets of RM429.40 Million minus current liabilities of RM485.18 Million) is measured against net assets of RM573.17 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of Dutch Lady Milk Industries Bhd to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Dutch Lady Milk Industries Bhd Working Capital to Net Assets (2012–2025)
This chart shows how Dutch Lady Milk Industries Bhd's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2012 to 2025. As of December 2025, the ratio stands at -9.7%, reflecting working capital of RM-55.78 Million against net assets of RM573.17 Million MYR. Check 3026 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Dutch Lady Milk Industries Bhd (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Dutch Lady Milk Industries 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 Dutch Lady Milk Industries Bhd market capitalisation.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -9.7% | RM-55.78 Million | RM573.17 Million | RM429.40 Million | RM485.18 Million | ▲ +6.4 pp |
| 2024 | -16.1% | RM-80.85 Million | RM501.89 Million | RM419.33 Million | RM500.18 Million | ▲ +7.2 pp |
| 2023 | -23.3% | RM-101.76 Million | RM437.25 Million | RM403.50 Million | RM505.26 Million | ▼ -35.9 pp |
| 2022 | 12.6% | RM50.04 Million | RM396.85 Million | RM483.75 Million | RM433.71 Million | ▼ -33.4 pp |
| 2021 | 46.0% | RM176.12 Million | RM382.58 Million | RM482.15 Million | RM306.03 Million | ▲ +67.5 pp |
| 2020 | -21.5% | RM-35.75 Million | RM166.58 Million | RM288.44 Million | RM324.18 Million | ▼ -37.0 pp |
| 2019 | 15.5% | RM22.42 Million | RM144.42 Million | RM314.46 Million | RM292.04 Million | ▲ +28.1 pp |
| 2018 | -12.6% | RM-13.26 Million | RM105.46 Million | RM279.55 Million | RM292.80 Million | ▼ -17.5 pp |
| 2017 | 4.9% | RM5.14 Million | RM104.01 Million | RM286.78 Million | RM281.64 Million | ▼ -38.0 pp |
| 2016 | 42.9% | RM70.99 Million | RM165.49 Million | RM419.38 Million | RM348.39 Million | ▼ -0.1 pp |
| 2015 | 43.0% | RM68.00 Million | RM158.00 Million | RM317.00 Million | RM249.00 Million | ▼ -7.0 pp |
| 2014 | 50.0% | RM79.00 Million | RM158.00 Million | RM261.00 Million | RM182.00 Million | ▼ -11.2 pp |
| 2013 | 61.2% | RM115.00 Million | RM188.00 Million | RM338.00 Million | RM223.00 Million | ▼ -6.9 pp |
| 2012 | 68.1% | RM147.00 Million | RM216.00 Million | RM329.00 Million | RM182.00 Million | — |