Southern Steel Bhd Working Capital to Net Assets Ratio
Southern Steel Bhd working capital to net assets ratio. Southern Steel Bhd (5665) has a Working Capital to Net Assets ratio of 22.8% as of December 2025. Working capital of RM205.91 Million (current assets of RM580.71 Million minus current liabilities of RM374.79 Million) is measured against net assets of RM902.60 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible equity quality of Southern Steel Bhd 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 Southern Steel Bhd (2012–2025)
Working capital to net assets ratio of Southern Steel Bhd from 2012 to 2025. This chart shows how Southern Steel Bhd's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2012 to 2025. As of December 2025, the ratio stands at 22.8%, reflecting working capital of RM205.91 Million against net assets of RM902.60 Million MYR. See 5665 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Southern Steel Bhd Working Capital to Net Assets Ratio by Year (2012–2025)
Southern Steel Bhd working capital to net assets ratio by year from 2012 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Southern Steel Bhd from 2012 to 2025, covering 14 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 Southern Steel Bhd assets under control.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 15.2% | RM140.18 Million | RM921.96 Million | RM570.81 Million | RM430.63 Million | ▲ +61.4 pp |
| 2024 | -46.2% | RM-262.49 Million | RM568.34 Million | RM809.71 Million | RM1.07 Billion | ▼ -22.6 pp |
| 2023 | -23.6% | RM-147.49 Million | RM625.20 Million | RM867.24 Million | RM1.01 Billion | ▼ -24.4 pp |
| 2022 | 0.8% | RM5.01 Million | RM630.14 Million | RM1.06 Billion | RM1.05 Billion | ▼ -1.2 pp |
| 2021 | 2.0% | RM14.29 Million | RM725.28 Million | RM1.20 Billion | RM1.19 Billion | ▲ +34.0 pp |
| 2020 | -32.1% | RM-215.39 Million | RM671.89 Million | RM1.42 Billion | RM1.64 Billion | ▲ +2.6 pp |
| 2019 | -34.6% | RM-296.00 Million | RM854.34 Million | RM939.61 Million | RM1.24 Billion | ▼ -27.9 pp |
| 2018 | -6.8% | RM-65.36 Million | RM966.51 Million | RM1.20 Billion | RM1.26 Billion | ▲ +19.0 pp |
| 2017 | -25.7% | RM-196.82 Million | RM765.11 Million | RM966.13 Million | RM1.16 Billion | ▲ +18.7 pp |
| 2016 | -44.4% | RM-302.14 Million | RM679.82 Million | RM756.33 Million | RM1.06 Billion | ▼ -34.0 pp |
| 2015 | -10.4% | RM-95.00 Million | RM913.00 Million | RM1.09 Billion | RM1.19 Billion | ▼ -15.9 pp |
| 2014 | 5.5% | RM48.00 Million | RM871.00 Million | RM966.00 Million | RM918.00 Million | ▲ +0.4 pp |
| 2013 | 5.1% | RM44.00 Million | RM866.00 Million | RM1.08 Billion | RM1.04 Billion | ▲ +3.7 pp |
| 2012 | 1.4% | RM12.00 Million | RM846.00 Million | RM1.01 Billion | RM1.00 Billion | — |