Golden Pharos Bhd (5649) — Working Capital to Net Assets Ratio
Golden Pharos Bhd (5649) has a Working Capital to Net Assets ratio of 30.6% as of September 2025. Working capital of RM22.45 Million (current assets of RM41.37 Million minus current liabilities of RM18.92 Million) is measured against net assets of RM73.32 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Golden Pharos Bhd (5649) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Golden Pharos Bhd Working Capital to Net Assets (2012–2024)
This chart shows how Golden Pharos Bhd's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 30.6%, reflecting working capital of RM22.45 Million against net assets of RM73.32 Million MYR. Check tangible net worth ratio of Golden Pharos Bhd to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Golden Pharos Bhd (2012–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Golden Pharos Bhd from 2012 to 2024, covering 13 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 how much is Golden Pharos Bhd worth.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 34.6% | RM26.01 Million | RM75.08 Million | RM46.78 Million | RM20.77 Million | ▼ -8.7 pp |
| 2023 | 43.3% | RM39.03 Million | RM90.10 Million | RM68.35 Million | RM29.31 Million | ▲ +7.6 pp |
| 2022 | 35.8% | RM27.87 Million | RM77.93 Million | RM45.85 Million | RM17.98 Million | ▲ +4.3 pp |
| 2021 | 31.5% | RM22.06 Million | RM70.10 Million | RM41.57 Million | RM19.51 Million | ▲ +1.5 pp |
| 2020 | 29.9% | RM20.46 Million | RM68.39 Million | RM36.36 Million | RM15.90 Million | ▲ +14.5 pp |
| 2019 | 15.4% | RM9.70 Million | RM62.90 Million | RM43.45 Million | RM33.76 Million | ▼ -0.1 pp |
| 2018 | 15.5% | RM11.27 Million | RM72.52 Million | RM43.38 Million | RM32.11 Million | ▼ -2.8 pp |
| 2017 | 18.3% | RM13.62 Million | RM74.40 Million | RM40.13 Million | RM26.51 Million | ▼ -0.3 pp |
| 2016 | 18.6% | RM13.87 Million | RM74.45 Million | RM41.33 Million | RM27.45 Million | ▼ -1.8 pp |
| 2015 | 20.5% | RM17.00 Million | RM83.00 Million | RM47.00 Million | RM30.00 Million | ▼ -1.4 pp |
| 2014 | 21.8% | RM19.00 Million | RM87.00 Million | RM52.00 Million | RM33.00 Million | ▲ +17.7 pp |
| 2013 | 4.1% | RM3.00 Million | RM73.00 Million | RM48.00 Million | RM45.00 Million | ▲ +0.0 pp |
| 2012 | 4.1% | RM3.00 Million | RM73.00 Million | RM46.00 Million | RM43.00 Million | — |