MI Technovation Bhd (5286) — Working Capital to Net Assets Ratio
MI Technovation Bhd (5286) has a Working Capital to Net Assets ratio of 55.5% as of September 2025. Working capital of RM599.71 Million (current assets of RM741.37 Million minus current liabilities of RM141.66 Million) is measured against net assets of RM1.08 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 5286 equity financing ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
MI Technovation Bhd Working Capital to Net Assets (2015–2024)
This chart shows how MI Technovation Bhd's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2015 to 2024. As of September 2025, the ratio stands at 55.5%, reflecting working capital of RM599.71 Million against net assets of RM1.08 Billion MYR. Check how tangible is MI Technovation Bhd's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for MI Technovation Bhd (2015–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for MI Technovation Bhd from 2015 to 2024, covering 10 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 5286 market cap.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 54.9% | RM564.75 Million | RM1.03 Billion | RM671.24 Million | RM106.49 Million | ▼ -1.9 pp |
| 2023 | 56.8% | RM610.64 Million | RM1.07 Billion | RM700.89 Million | RM90.25 Million | ▲ +0.5 pp |
| 2022 | 56.4% | RM590.95 Million | RM1.05 Billion | RM715.45 Million | RM124.50 Million | ▲ +1.3 pp |
| 2021 | 55.0% | RM565.63 Million | RM1.03 Billion | RM677.50 Million | RM111.87 Million | ▼ -6.3 pp |
| 2020 | 61.3% | RM238.12 Million | RM388.28 Million | RM283.53 Million | RM45.41 Million | ▼ -8.3 pp |
| 2019 | 69.6% | RM264.35 Million | RM379.77 Million | RM312.25 Million | RM47.90 Million | ▼ -15.1 pp |
| 2018 | 84.7% | RM280.18 Million | RM330.85 Million | RM321.32 Million | RM41.14 Million | ▲ +7.4 pp |
| 2017 | 77.3% | RM239.94 Million | RM310.57 Million | RM267.98 Million | RM28.04 Million | ▼ -21.4 pp |
| 2016 | 98.7% | RM68.13 Million | RM69.04 Million | RM84.70 Million | RM16.58 Million | ▼ -1.7 pp |
| 2015 | 100.4% | RM61.12 Million | RM60.90 Million | RM93.33 Million | RM32.21 Million | — |