Rhone Ma Holdings Bhd (5278) — Working Capital to Net Assets Ratio
Rhone Ma Holdings Bhd (5278) has a Working Capital to Net Assets ratio of 60.6% as of December 2025. Working capital of RM106.46 Million (current assets of RM158.63 Million minus current liabilities of RM52.17 Million) is measured against net assets of RM175.69 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Rhone Ma Holdings Bhd (5278) flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Rhone Ma Holdings Bhd Working Capital to Net Assets (2015–2025)
This chart shows how Rhone Ma Holdings Bhd's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2015 to 2025. As of December 2025, the ratio stands at 60.6%, reflecting working capital of RM106.46 Million against net assets of RM175.69 Million MYR. See Rhone Ma Holdings Bhd (5278) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Rhone Ma Holdings Bhd (2015–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Rhone Ma Holdings Bhd from 2015 to 2025, covering 11 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 5278 market cap overview.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 60.6% | RM106.46 Million | RM175.69 Million | RM158.63 Million | RM52.17 Million | ▲ +1.5 pp |
| 2024 | 59.1% | RM105.92 Million | RM179.21 Million | RM130.72 Million | RM24.80 Million | ▼ -2.7 pp |
| 2023 | 61.8% | RM99.48 Million | RM160.98 Million | RM133.16 Million | RM33.68 Million | ▲ +6.2 pp |
| 2022 | 55.6% | RM85.31 Million | RM153.34 Million | RM117.86 Million | RM32.54 Million | ▲ +6.3 pp |
| 2021 | 49.3% | RM64.78 Million | RM131.36 Million | RM93.24 Million | RM28.46 Million | ▼ -2.6 pp |
| 2020 | 51.9% | RM64.48 Million | RM124.11 Million | RM88.46 Million | RM23.99 Million | ▼ -1.6 pp |
| 2019 | 53.6% | RM57.49 Million | RM107.33 Million | RM73.48 Million | RM15.99 Million | ▼ -13.1 pp |
| 2018 | 66.6% | RM69.41 Million | RM104.19 Million | RM83.35 Million | RM13.94 Million | ▼ -7.6 pp |
| 2017 | 74.2% | RM76.04 Million | RM102.43 Million | RM96.93 Million | RM20.89 Million | ▼ -5.6 pp |
| 2016 | 79.9% | RM76.02 Million | RM95.16 Million | RM97.10 Million | RM21.07 Million | ▲ +8.6 pp |
| 2015 | 71.3% | RM39.66 Million | RM55.60 Million | RM60.85 Million | RM21.19 Million | — |