MST GOLF GROUP BERHAD (5316) — Working Capital to Net Assets Ratio
MST GOLF GROUP BERHAD (5316) has a Working Capital to Net Assets ratio of 78.5% as of September 2024. Working capital of RM192.91 Million (current assets of RM292.40 Million minus current liabilities of RM99.50 Million) is measured against net assets of RM245.63 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See debt-free asset ratio of MST GOLF GROUP BERHAD to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
MST GOLF GROUP BERHAD Working Capital to Net Assets (2020–2023)
This chart shows how MST GOLF GROUP BERHAD's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2020 to 2023. As of September 2024, the ratio stands at 78.5%, reflecting working capital of RM192.91 Million against net assets of RM245.63 Million MYR. Check MST GOLF GROUP BERHAD tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for MST GOLF GROUP BERHAD (2020–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for MST GOLF GROUP BERHAD from 2020 to 2023, covering 4 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 MST GOLF GROUP BERHAD (5316) total market value.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 82.0% | RM209.57 Million | RM255.58 Million | RM300.87 Million | RM91.31 Million | ▲ +20.5 pp |
| 2022 | 61.5% | RM58.84 Million | RM95.62 Million | RM166.94 Million | RM108.10 Million | ▲ +3.2 pp |
| 2021 | 58.4% | RM26.30 Million | RM45.08 Million | RM125.91 Million | RM99.60 Million | ▲ +1.3 pp |
| 2020 | 57.1% | RM21.79 Million | RM38.19 Million | RM99.91 Million | RM78.12 Million | — |