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 79.7% as of June 2026. Working capital of RM183.32 Million (current assets of RM258.15 Million minus current liabilities of RM74.84 Million) is measured against net assets of RM230.07 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See MST GOLF GROUP BERHAD (5316) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
MST GOLF GROUP BERHAD Working Capital to Net Assets (2020–2025)
This chart shows how MST GOLF GROUP BERHAD's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2020 to 2025. As of June 2026, the ratio stands at 79.7%, reflecting working capital of RM183.32 Million against net assets of RM230.07 Million MYR. For the complete balance sheet picture, see how large is MST GOLF GROUP BERHAD's balance sheet.
Annual Working Capital to Net Assets for MST GOLF GROUP BERHAD (2020–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for MST GOLF GROUP BERHAD from 2020 to 2025, covering 6 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 5316 financial resilience 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 | 81.4% | RM194.62 Million | RM238.96 Million | RM242.38 Million | RM47.76 Million | ▼ -0.1 pp |
| 2024 | 81.5% | RM205.14 Million | RM251.59 Million | RM275.28 Million | RM70.14 Million | ▼ -0.5 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 | — |