PBA Holdings Bhd (5041) — Working Capital to Net Assets Ratio
PBA Holdings Bhd (5041) has a Working Capital to Net Assets ratio of 34.1% as of September 2025. Working capital of RM392.36 Million (current assets of RM664.61 Million minus current liabilities of RM272.25 Million) is measured against net assets of RM1.15 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See PBA Holdings Bhd balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
PBA Holdings Bhd Working Capital to Net Assets (2012–2024)
This chart shows how PBA Holdings Bhd's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 34.1%, reflecting working capital of RM392.36 Million against net assets of RM1.15 Billion MYR. Check PBA Holdings Bhd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for PBA Holdings Bhd (2012–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for PBA Holdings 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 PBA Holdings Bhd stock valuation.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 7.5% | RM79.97 Million | RM1.07 Billion | RM393.96 Million | RM314.00 Million | ▲ +3.3 pp |
| 2023 | 4.2% | RM38.89 Million | RM935.76 Million | RM316.97 Million | RM278.08 Million | ▼ -4.8 pp |
| 2022 | 9.0% | RM62.92 Million | RM702.89 Million | RM242.32 Million | RM179.40 Million | ▲ +7.2 pp |
| 2021 | 1.8% | RM13.24 Million | RM739.97 Million | RM218.51 Million | RM205.27 Million | ▲ +7.2 pp |
| 2020 | -5.4% | RM-38.69 Million | RM710.67 Million | RM185.98 Million | RM224.67 Million | ▼ -3.9 pp |
| 2019 | -1.6% | RM-10.63 Million | RM678.42 Million | RM209.64 Million | RM220.27 Million | ▼ -10.0 pp |
| 2018 | 8.4% | RM58.69 Million | RM695.87 Million | RM241.18 Million | RM182.50 Million | ▲ +6.2 pp |
| 2017 | 2.3% | RM18.43 Million | RM814.17 Million | RM200.85 Million | RM182.42 Million | ▲ +1.9 pp |
| 2016 | 0.4% | RM3.05 Million | RM800.17 Million | RM154.22 Million | RM151.17 Million | ▲ +3.8 pp |
| 2015 | -3.4% | RM-26.00 Million | RM754.00 Million | RM123.00 Million | RM149.00 Million | ▲ +0.5 pp |
| 2014 | -4.0% | RM-29.00 Million | RM727.00 Million | RM108.00 Million | RM137.00 Million | ▼ -0.5 pp |
| 2013 | -3.5% | RM-25.00 Million | RM717.00 Million | RM108.00 Million | RM133.00 Million | ▼ -4.2 pp |
| 2012 | 0.7% | RM5.00 Million | RM699.00 Million | RM130.00 Million | RM125.00 Million | — |