Southern Steel Bhd (5665) — 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. See net asset quality index of Southern Steel Bhd to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Southern Steel Bhd Working Capital to Net Assets (2012–2025)
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. Check how tangible is Southern Steel Bhd's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Southern Steel Bhd (2012–2025)
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 live market cap and the full company profile, see 5665 market cap overview.
| 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 | — |