Benalec Holdings Bhd (5190) — Working Capital to Net Assets Ratio
Benalec Holdings Bhd (5190) has a Working Capital to Net Assets ratio of 117.4% as of March 2026. Working capital of RM435.41 Million (current assets of RM557.33 Million minus current liabilities of RM121.91 Million) is measured against net assets of RM370.95 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of Benalec Holdings Bhd to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Benalec Holdings Bhd Working Capital to Net Assets (2012–2025)
This chart shows how Benalec Holdings Bhd's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2012 to 2025. As of March 2026, the ratio stands at 117.4%, reflecting working capital of RM435.41 Million against net assets of RM370.95 Million MYR. See Benalec Holdings Bhd (5190) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Benalec Holdings Bhd (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Benalec Holdings Bhd from 2012 to 2025, 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 Benalec Holdings Bhd (5190) market capitalisation.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 117.6% | RM438.11 Million | RM372.66 Million | RM557.68 Million | RM119.57 Million | ▼ -12.3 pp |
| 2024 | 129.9% | RM466.85 Million | RM359.46 Million | RM606.60 Million | RM139.75 Million | ▲ +7.7 pp |
| 2023 | 122.2% | RM516.89 Million | RM422.90 Million | RM609.01 Million | RM92.11 Million | ▼ -1.6 pp |
| 2022 | 123.8% | RM583.18 Million | RM470.96 Million | RM652.05 Million | RM68.87 Million | ▲ +4.0 pp |
| 2021 | 119.8% | RM579.00 Million | RM483.21 Million | RM677.37 Million | RM98.37 Million | ▲ +16.0 pp |
| 2020 | 103.9% | RM573.43 Million | RM552.12 Million | RM738.81 Million | RM165.38 Million | ▲ +3.5 pp |
| 2018 | 100.3% | RM623.15 Million | RM621.04 Million | RM1.07 Billion | RM441.89 Million | ▲ +5.3 pp |
| 2017 | 95.0% | RM593.96 Million | RM625.07 Million | RM981.88 Million | RM387.91 Million | ▲ +3.1 pp |
| 2016 | 91.9% | RM563.84 Million | RM613.40 Million | RM1.13 Billion | RM568.57 Million | ▼ -3.6 pp |
| 2015 | 95.5% | RM572.00 Million | RM599.00 Million | RM1.28 Billion | RM707.00 Million | ▲ +25.2 pp |
| 2014 | 70.3% | RM384.00 Million | RM546.00 Million | RM716.00 Million | RM332.00 Million | ▼ -4.4 pp |
| 2013 | 74.7% | RM416.00 Million | RM557.00 Million | RM751.00 Million | RM335.00 Million | ▲ +2.8 pp |
| 2012 | 71.9% | RM371.00 Million | RM516.00 Million | RM571.00 Million | RM200.00 Million | — |