PBA Holdings Bhd (5041) — Working Capital to Net Assets Ratio
PBA Holdings Bhd (5041) has a Working Capital to Net Assets ratio of 29.0% as of March 2026. Working capital of RM349.44 Million (current assets of RM653.22 Million minus current liabilities of RM303.77 Million) is measured against net assets of RM1.21 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See PBA Holdings Bhd free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
PBA Holdings Bhd Working Capital to Net Assets (2012–2025)
This chart shows how PBA Holdings Bhd's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2012 to 2025. As of March 2026, the ratio stands at 29.0%, reflecting working capital of RM349.44 Million against net assets of RM1.21 Billion MYR. See 5041 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for PBA Holdings Bhd (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for PBA Holdings 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 market cap of PBA Holdings Bhd.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 29.0% | RM338.43 Million | RM1.17 Billion | RM657.87 Million | RM319.45 Million | ▲ +21.5 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 | — |