Heineken Bhd (3255) — Working Capital to Net Assets Ratio
Heineken Bhd (3255) has a Working Capital to Net Assets ratio of -15.1% as of December 2025. Working capital of RM-80.18 Million (current assets of RM707.25 Million minus current liabilities of RM787.43 Million) is measured against net assets of RM530.80 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Heineken Bhd balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Heineken Bhd Working Capital to Net Assets (2012–2025)
This chart shows how Heineken Bhd's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2012 to 2025. As of December 2025, the ratio stands at -15.1%, reflecting working capital of RM-80.18 Million against net assets of RM530.80 Million MYR. Check 3255 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Heineken Bhd (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Heineken Bhd from 2012 to 2025, covering 13 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 3255 market cap.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -11.4% | RM-61.58 Million | RM539.34 Million | RM657.18 Million | RM718.75 Million | ▲ +15.1 pp |
| 2024 | -26.6% | RM-121.81 Million | RM458.67 Million | RM627.36 Million | RM749.17 Million | ▼ -22.6 pp |
| 2023 | -3.9% | RM-19.21 Million | RM488.45 Million | RM863.25 Million | RM882.47 Million | ▼ -4.6 pp |
| 2022 | 0.7% | RM2.79 Million | RM395.68 Million | RM658.07 Million | RM655.27 Million | ▲ +1.1 pp |
| 2021 | -0.4% | RM-1.29 Million | RM349.38 Million | RM657.53 Million | RM658.83 Million | ▼ -10.3 pp |
| 2020 | 9.9% | RM39.09 Million | RM394.10 Million | RM703.46 Million | RM664.37 Million | ▼ -8.6 pp |
| 2019 | 18.5% | RM68.63 Million | RM371.15 Million | RM604.20 Million | RM535.57 Million | ▼ -10.4 pp |
| 2018 | 28.9% | RM104.22 Million | RM360.51 Million | RM582.01 Million | RM477.79 Million | ▼ -7.7 pp |
| 2017 | 36.6% | RM143.86 Million | RM392.56 Million | RM526.47 Million | RM382.61 Million | ▼ -15.2 pp |
| 2015 | 51.9% | RM195.00 Million | RM376.00 Million | RM413.00 Million | RM218.00 Million | ▲ +3.1 pp |
| 2014 | 48.7% | RM174.00 Million | RM357.00 Million | RM426.00 Million | RM252.00 Million | ▼ -26.4 pp |
| 2013 | 75.1% | RM275.00 Million | RM366.00 Million | RM458.00 Million | RM183.00 Million | ▼ -3.5 pp |
| 2012 | 78.6% | RM298.00 Million | RM379.00 Million | RM515.00 Million | RM217.00 Million | — |