MI Technovation Bhd Working Capital to Net Assets Ratio
MI Technovation Bhd 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. Check 5286 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of MI Technovation Bhd (2015–2024)
Working capital to net assets ratio of MI Technovation Bhd from 2015 to 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. See 5286 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
MI Technovation Bhd Working Capital to Net Assets Ratio by Year (2015–2024)
MI Technovation Bhd working capital to net assets ratio by year from 2015 to 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 the complete balance sheet picture, see how large is MI Technovation Bhd's balance sheet.
| 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 | — |