Minda Global Bhd (5166) — Working Capital to Net Assets Ratio
Minda Global Bhd (5166) has a Working Capital to Net Assets ratio of -3.5% as of September 2025. Working capital of RM-9.86 Million (current assets of RM88.51 Million minus current liabilities of RM98.37 Million) is measured against net assets of RM283.36 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial agility of Minda Global Bhd to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Minda Global Bhd Working Capital to Net Assets (2012–2024)
This chart shows how Minda Global 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 -3.5%, reflecting working capital of RM-9.86 Million against net assets of RM283.36 Million MYR. See how many days can Minda Global Bhd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Minda Global Bhd (2012–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Minda Global 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 Minda Global Bhd stock valuation.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -4.1% | RM-11.35 Million | RM274.72 Million | RM73.99 Million | RM85.33 Million | ▲ +3.3 pp |
| 2023 | -7.4% | RM-19.12 Million | RM257.72 Million | RM66.52 Million | RM85.64 Million | ▼ -20.5 pp |
| 2022 | 13.1% | RM30.64 Million | RM234.17 Million | RM109.28 Million | RM78.64 Million | ▲ +12.6 pp |
| 2021 | 0.5% | RM1.03 Million | RM202.62 Million | RM82.85 Million | RM81.82 Million | ▲ +4.6 pp |
| 2020 | -4.1% | RM-7.97 Million | RM194.20 Million | RM84.18 Million | RM92.15 Million | ▲ +0.5 pp |
| 2019 | -4.6% | RM-8.90 Million | RM193.54 Million | RM77.62 Million | RM86.52 Million | ▼ -5.6 pp |
| 2018 | 1.0% | RM2.31 Million | RM231.32 Million | RM56.89 Million | RM54.58 Million | ▼ -1.2 pp |
| 2017 | 2.2% | RM5.48 Million | RM245.99 Million | RM50.84 Million | RM45.36 Million | ▼ -2.7 pp |
| 2016 | 5.0% | RM5.72 Million | RM115.21 Million | RM16.86 Million | RM11.15 Million | ▼ -70.0 pp |
| 2015 | 75.0% | RM108.00 Million | RM144.00 Million | RM121.00 Million | RM13.00 Million | ▼ -29.4 pp |
| 2014 | 104.4% | RM213.00 Million | RM204.00 Million | RM236.00 Million | RM23.00 Million | ▲ +43.8 pp |
| 2013 | 60.6% | RM154.00 Million | RM254.00 Million | RM180.00 Million | RM26.00 Million | ▲ +47.4 pp |
| 2012 | 13.3% | RM56.00 Million | RM422.00 Million | RM105.00 Million | RM49.00 Million | — |