AirAsia X Bhd (5238) — Working Capital to Net Assets Ratio
AirAsia X Bhd (5238) has a Working Capital to Net Assets ratio of -18245.5% as of March 2026. Working capital of RM-14.96 Billion (current assets of RM4.37 Billion minus current liabilities of RM19.33 Billion) is measured against net assets of RM81.99 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
AirAsia X Bhd Working Capital to Net Assets (2012–2025)
This chart shows how AirAsia X 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 -18245.5%, reflecting working capital of RM-14.96 Billion against net assets of RM81.99 Million MYR. Explore AirAsia X Bhd long-term investment allocation to see how much of total assets are deployed in long-term investments.
Annual Working Capital to Net Assets for AirAsia X Bhd (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for AirAsia X 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 the complete balance sheet picture, see 5238 asset base.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -49.9% | RM-253.45 Million | RM508.06 Million | RM1.19 Billion | RM1.44 Billion | ▲ +87.4 pp |
| 2024 | -137.3% | RM-479.46 Million | RM349.18 Million | RM755.64 Million | RM1.24 Billion | ▲ +326.3 pp |
| 2023 | -463.6% | RM-538.59 Million | RM116.17 Million | RM703.08 Million | RM1.24 Billion | ▼ -606.4 pp |
| 2022 | 142.8% | RM-370.14 Million | RM-259.23 Million | RM550.15 Million | RM920.29 Million | ▲ +41.3 pp |
| 2020 | 101.5% | RM-34.06 Billion | RM-33.57 Billion | RM350.02 Million | RM34.41 Billion | ▲ +885.1 pp |
| 2019 | -783.6% | RM-1.08 Billion | RM137.87 Million | RM1.50 Billion | RM2.58 Billion | ▼ -674.9 pp |
| 2018 | -108.7% | RM-623.68 Million | RM573.66 Million | RM1.55 Billion | RM2.17 Billion | ▲ +4.0 pp |
| 2017 | -112.7% | RM-1.11 Billion | RM988.61 Million | RM1.11 Billion | RM2.22 Billion | ▼ -39.5 pp |
| 2016 | -73.2% | RM-729.26 Million | RM996.87 Million | RM1.32 Billion | RM2.05 Billion | ▲ +114.6 pp |
| 2015 | -187.7% | RM-1.19 Billion | RM631.81 Million | RM814.89 Million | RM2.00 Billion | ▲ +19.9 pp |
| 2014 | -207.7% | RM-1.46 Billion | RM704.00 Million | RM504.00 Million | RM1.97 Billion | ▼ -145.9 pp |
| 2013 | -61.7% | RM-763.00 Million | RM1.24 Billion | RM453.00 Million | RM1.22 Billion | ▲ +50.7 pp |
| 2012 | -112.4% | RM-653.00 Million | RM581.00 Million | RM323.00 Million | RM976.00 Million | — |