ELK-Desa Resources Bhd (5228) — Working Capital to Net Assets Ratio
ELK-Desa Resources Bhd (5228) has a Working Capital to Net Assets ratio of 23.7% as of March 2026. Working capital of RM114.73 Million (current assets of RM264.28 Million minus current liabilities of RM149.55 Million) is measured against net assets of RM484.97 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 5228 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
ELK-Desa Resources Bhd Working Capital to Net Assets (2013–2026)
This chart shows how ELK-Desa Resources Bhd's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2013 to 2026. As of March 2026, the ratio stands at 23.7%, reflecting working capital of RM114.73 Million against net assets of RM484.97 Million MYR. For the complete balance sheet picture, see 5228 current and non-current assets.
Annual Working Capital to Net Assets for ELK-Desa Resources Bhd (2013–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for ELK-Desa Resources Bhd from 2013 to 2026, covering 14 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. Check ELK-Desa Resources Bhd (5228) asset resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 23.7% | RM114.73 Million | RM484.97 Million | RM264.28 Million | RM149.55 Million | ▼ -0.9 pp |
| 2025 | 24.5% | RM121.07 Million | RM493.32 Million | RM287.15 Million | RM166.07 Million | ▼ -4.6 pp |
| 2024 | 29.1% | RM140.77 Million | RM483.42 Million | RM265.60 Million | RM124.83 Million | ▲ +2.9 pp |
| 2023 | 26.2% | RM123.79 Million | RM471.77 Million | RM211.39 Million | RM87.60 Million | ▼ -84.1 pp |
| 2022 | 110.3% | RM493.72 Million | RM447.53 Million | RM554.96 Million | RM61.24 Million | ▼ -9.1 pp |
| 2021 | 119.5% | RM527.78 Million | RM441.83 Million | RM638.69 Million | RM110.91 Million | ▼ -19.3 pp |
| 2020 | 138.8% | RM589.91 Million | RM425.11 Million | RM732.40 Million | RM142.49 Million | ▲ +113.4 pp |
| 2019 | 25.4% | RM104.22 Million | RM410.94 Million | RM176.12 Million | RM71.90 Million | ▼ -8.8 pp |
| 2018 | 34.2% | RM135.37 Million | RM396.40 Million | RM177.60 Million | RM42.23 Million | ▲ +5.7 pp |
| 2017 | 28.5% | RM95.21 Million | RM334.09 Million | RM127.91 Million | RM32.70 Million | ▼ -13.2 pp |
| 2016 | 41.7% | RM133.99 Million | RM321.25 Million | RM164.46 Million | RM30.47 Million | ▼ -67.1 pp |
| 2015 | 108.8% | RM283.00 Million | RM260.00 Million | RM323.00 Million | RM40.00 Million | ▼ -12.7 pp |
| 2014 | 121.6% | RM203.00 Million | RM167.00 Million | RM248.00 Million | RM45.00 Million | ▲ +3.3 pp |
| 2013 | 118.2% | RM188.00 Million | RM159.00 Million | RM224.00 Million | RM36.00 Million | — |