Mieco Chipboard Bhd (5001) — Working Capital to Net Assets Ratio
Mieco Chipboard Bhd (5001) has a Working Capital to Net Assets ratio of 1.1% as of June 2025. Working capital of RM3.69 Million (current assets of RM225.53 Million minus current liabilities of RM221.84 Million) is measured against net assets of RM331.72 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Mieco Chipboard Bhd balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Mieco Chipboard Bhd Working Capital to Net Assets (2012–2024)
This chart shows how Mieco Chipboard Bhd's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2012 to 2024. As of June 2025, the ratio stands at 1.1%, reflecting working capital of RM3.69 Million against net assets of RM331.72 Million MYR. Check tangible net worth ratio of Mieco Chipboard Bhd to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Mieco Chipboard Bhd (2012–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Mieco Chipboard Bhd from 2012 to 2024, 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 Mieco Chipboard Bhd (5001) market capitalisation.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 1.7% | RM5.75 Million | RM329.05 Million | RM233.05 Million | RM227.30 Million | ▼ -0.6 pp |
| 2023 | 2.4% | RM7.82 Million | RM326.48 Million | RM204.13 Million | RM196.31 Million | ▼ -1.2 pp |
| 2022 | 3.6% | RM14.18 Million | RM391.61 Million | RM164.02 Million | RM149.84 Million | ▼ -2.7 pp |
| 2021 | 6.3% | RM26.77 Million | RM423.31 Million | RM225.59 Million | RM198.82 Million | ▲ +23.3 pp |
| 2020 | -17.0% | RM-57.03 Million | RM335.00 Million | RM139.66 Million | RM196.69 Million | ▲ +5.2 pp |
| 2019 | -22.2% | RM-75.64 Million | RM340.54 Million | RM176.90 Million | RM252.54 Million | ▲ +0.1 pp |
| 2018 | -22.3% | RM-75.53 Million | RM338.90 Million | RM163.81 Million | RM239.35 Million | ▼ -26.4 pp |
| 2017 | 4.1% | RM16.45 Million | RM402.71 Million | RM153.57 Million | RM137.12 Million | ▲ +1.4 pp |
| 2016 | 2.6% | RM9.90 Million | RM375.77 Million | RM136.11 Million | RM126.21 Million | ▲ +20.1 pp |
| 2015 | -17.5% | RM-51.00 Million | RM292.00 Million | RM134.00 Million | RM185.00 Million | ▲ +8.5 pp |
| 2014 | -26.0% | RM-71.00 Million | RM273.00 Million | RM112.00 Million | RM183.00 Million | ▲ +14.4 pp |
| 2013 | -40.4% | RM-103.00 Million | RM255.00 Million | RM111.00 Million | RM214.00 Million | ▼ -8.7 pp |
| 2012 | -31.7% | RM-101.00 Million | RM319.00 Million | RM119.00 Million | RM220.00 Million | — |