TAS Offshore Bhd (5149) — Working Capital to Net Assets Ratio
TAS Offshore Bhd (5149) has a Working Capital to Net Assets ratio of 56.7% as of November 2025. Working capital of RM74.21 Million (current assets of RM133.61 Million minus current liabilities of RM59.40 Million) is measured against net assets of RM130.96 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. For the complete balance sheet picture, see 5149 total asset value.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
TAS Offshore Bhd Working Capital to Net Assets (2009–2025)
This chart shows how TAS Offshore Bhd's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2009 to 2025. As of November 2025, the ratio stands at 56.7%, reflecting working capital of RM74.21 Million against net assets of RM130.96 Million MYR. Explore 5149 capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
Annual Working Capital to Net Assets for TAS Offshore Bhd (2009–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for TAS Offshore Bhd from 2009 to 2025, covering 17 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. Explore TAS Offshore Bhd (5149) investment intensity to see how much of total assets are deployed in long-term investments.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 50.1% | RM57.45 Million | RM114.59 Million | RM138.40 Million | RM80.95 Million | ▲ +0.7 pp |
| 2024 | 49.4% | RM50.07 Million | RM101.31 Million | RM139.93 Million | RM89.86 Million | ▼ -1.5 pp |
| 2023 | 51.0% | RM48.53 Million | RM95.22 Million | RM101.99 Million | RM53.45 Million | ▼ -3.6 pp |
| 2022 | 54.6% | RM50.08 Million | RM91.69 Million | RM67.05 Million | RM16.97 Million | ▼ -3.9 pp |
| 2021 | 58.5% | RM54.44 Million | RM93.01 Million | RM79.39 Million | RM24.95 Million | ▲ +0.1 pp |
| 2020 | 58.4% | RM50.32 Million | RM86.17 Million | RM443.41 Million | RM393.09 Million | ▼ -14.0 pp |
| 2019 | 72.4% | RM117.54 Million | RM162.45 Million | RM513.93 Million | RM396.39 Million | ▲ +3.7 pp |
| 2018 | 68.6% | RM109.91 Million | RM160.18 Million | RM491.02 Million | RM381.11 Million | ▼ -3.2 pp |
| 2017 | 71.8% | RM115.42 Million | RM160.72 Million | RM543.94 Million | RM428.52 Million | ▼ -1.3 pp |
| 2016 | 73.1% | RM126.55 Million | RM173.17 Million | RM524.21 Million | RM397.66 Million | ▼ -7.9 pp |
| 2015 | 81.0% | RM154.94 Million | RM191.24 Million | RM446.08 Million | RM291.13 Million | ▲ +2.3 pp |
| 2014 | 78.8% | RM137.59 Million | RM174.69 Million | RM314.68 Million | RM177.09 Million | ▲ +5.0 pp |
| 2013 | 73.8% | RM112.34 Million | RM152.25 Million | RM179.48 Million | RM67.14 Million | ▼ -2.6 pp |
| 2012 | 76.4% | RM107.95 Million | RM141.34 Million | RM154.80 Million | RM46.85 Million | ▲ +7.1 pp |
| 2011 | 69.3% | RM91.45 Million | RM131.94 Million | RM123.68 Million | RM32.23 Million | ▼ -0.3 pp |
| 2010 | 69.6% | RM91.48 Million | RM131.46 Million | RM132.57 Million | RM41.09 Million | ▲ +2.5 pp |
| 2009 | 67.1% | RM38.24 Million | RM56.99 Million | RM132.63 Million | RM94.40 Million | — |