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 59.0% as of June 2026. Working capital of RM115.29 Million (current assets of RM159.28 Million minus current liabilities of RM43.98 Million) is measured against net assets of RM195.53 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 5278 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
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 June 2026, the ratio stands at 59.0%, reflecting working capital of RM115.29 Million against net assets of RM195.53 Million MYR. For the complete balance sheet picture, see 5278 asset base.
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. Check 5278 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
| 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 | — |