Tune Protect Group Bhd (5230) — Working Capital to Net Assets Ratio

Latest as of June 2024: 15.1%

Tune Protect Group Bhd (5230) has a Working Capital to Net Assets ratio of 15.1% as of June 2024. Working capital of RM84.51 Million (current assets of RM28.85 Million minus current liabilities of RM-55.67 Million) is measured against net assets of RM561.10 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 5230 net asset quality score to measure how much of total assets are equity-financed.

WC/NA Ratio

15.1%
Working Capital / Net Assets

Working Capital

RM84.51 Million
MYR

Current Assets

RM28.85 Million
MYR

Current Liabilities

RM-55.67 Million
MYR

Tune Protect Group Bhd Working Capital to Net Assets (2012–2023)

This chart shows how Tune Protect Group Bhd's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2012 to 2023. As of June 2024, the ratio stands at 15.1%, reflecting working capital of RM84.51 Million against net assets of RM561.10 Million MYR. Check Tune Protect Group Bhd tangible book value ratio to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for Tune Protect Group Bhd (2012–2023)

The table below presents the year-by-year Working Capital to Net Assets ratio for Tune Protect Group Bhd from 2012 to 2023, covering 9 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 Tune Protect Group Bhd market cap and net worth.

Year WC/NA Ratio Working Capital (MYR) Net Assets Current Assets Current Liabilities Change (pp)
2023 5.0% RM28.74 Million RM576.17 Million RM45.74 Million RM17.00 Million ▲ +15.2 pp
2022 -10.2% RM-59.12 Million RM577.68 Million RM41.37 Million RM100.49 Million ▼ -1.6 pp
2021 -8.7% RM-58.20 Million RM670.26 Million RM12.40 Million RM70.60 Million ▲ +0.7 pp
2020 -9.3% RM-67.38 Million RM721.03 Million RM6.44 Million RM73.82 Million ▼ -6.5 pp
2019 -2.8% RM-43.42 Million RM1.52 Billion RM39.41 Million RM82.83 Million ▲ +19.1 pp
2015 -22.0% RM-108.00 Million RM492.00 Million RM611.00 Million RM719.00 Million ▲ +1.4 pp
2014 -23.4% RM-104.00 Million RM445.00 Million RM531.00 Million RM635.00 Million ▼ -12.0 pp
2013 -11.3% RM-45.00 Million RM397.00 Million RM553.00 Million RM598.00 Million ▲ +148.2 pp
2012 -159.6% RM-225.00 Million RM141.00 Million RM436.00 Million RM661.00 Million
pp = percentage points