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. See TAS Offshore Bhd balance sheet independence to measure how much of total assets are equity-financed.
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. Check tangible net worth ratio of TAS Offshore Bhd to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company profile, see 5149 market cap overview.
| 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 | — |