Benalec Holdings Bhd (5190) — Working Capital to Net Assets Ratio
Benalec Holdings Bhd (5190) has a Working Capital to Net Assets ratio of 116.2% as of December 2025. Working capital of RM437.21 Million (current assets of RM567.60 Million minus current liabilities of RM130.38 Million) is measured against net assets of RM376.14 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Benalec Holdings Bhd (5190) net asset quality to measure how much of total assets are equity-financed.
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 December 2025, the ratio stands at 116.2%, reflecting working capital of RM437.21 Million against net assets of RM376.14 Million MYR. Check Benalec Holdings Bhd (5190) tangible equity ratio to evaluate the tangible quality of the company's equity base.
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 market cap of Benalec Holdings Bhd.
| 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 | — |