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 17.4% as of December 2025. Working capital of RM83.85 Million (current assets of RM261.72 Million minus current liabilities of RM177.87 Million) is measured against net assets of RM482.50 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 5228 net asset quality score to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
ELK-Desa Resources Bhd Working Capital to Net Assets (2013–2025)
This chart shows how ELK-Desa Resources Bhd's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of December 2025, the ratio stands at 17.4%, reflecting working capital of RM83.85 Million against net assets of RM482.50 Million MYR. Check 5228 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for ELK-Desa Resources Bhd (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for ELK-Desa Resources Bhd from 2013 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 ELK-Desa Resources Bhd (5228) market capitalisation.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (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 | — |