Muhibbah Engineering M Bhd (5703) — Working Capital to Net Assets Ratio
Muhibbah Engineering M Bhd (5703) has a Working Capital to Net Assets ratio of 15.5% as of March 2026. Working capital of RM310.26 Million (current assets of RM1.63 Billion minus current liabilities of RM1.32 Billion) is measured against net assets of RM2.00 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Muhibbah Engineering M Bhd (5703) flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Muhibbah Engineering M Bhd Working Capital to Net Assets (2006–2025)
This chart shows how Muhibbah Engineering M Bhd's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2006 to 2025. As of March 2026, the ratio stands at 15.5%, reflecting working capital of RM310.26 Million against net assets of RM2.00 Billion MYR. See Muhibbah Engineering M Bhd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Muhibbah Engineering M Bhd (2006–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Muhibbah Engineering M Bhd from 2006 to 2025, covering 20 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 market cap of Muhibbah Engineering M Bhd.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 16.4% | RM324.57 Million | RM1.98 Billion | RM1.62 Billion | RM1.29 Billion | ▲ +5.7 pp |
| 2024 | 10.7% | RM204.58 Million | RM1.91 Billion | RM1.54 Billion | RM1.34 Billion | ▲ +10.6 pp |
| 2023 | 0.1% | RM1.23 Million | RM1.81 Billion | RM1.39 Billion | RM1.39 Billion | ▲ +0.7 pp |
| 2022 | -0.6% | RM-10.51 Million | RM1.76 Billion | RM1.33 Billion | RM1.34 Billion | ▼ -3.3 pp |
| 2021 | 2.7% | RM44.72 Million | RM1.66 Billion | RM1.53 Billion | RM1.49 Billion | ▲ +0.4 pp |
| 2020 | 2.3% | RM38.77 Million | RM1.67 Billion | RM1.81 Billion | RM1.77 Billion | ▲ +0.5 pp |
| 2019 | 1.9% | RM31.30 Million | RM1.68 Billion | RM2.17 Billion | RM2.14 Billion | ▼ -7.4 pp |
| 2018 | 9.3% | RM152.26 Million | RM1.64 Billion | RM2.17 Billion | RM2.01 Billion | ▼ -2.0 pp |
| 2017 | 11.3% | RM166.89 Million | RM1.48 Billion | RM1.95 Billion | RM1.79 Billion | ▼ -5.9 pp |
| 2016 | 17.2% | RM237.53 Million | RM1.38 Billion | RM2.82 Billion | RM2.58 Billion | ▲ +7.2 pp |
| 2015 | 10.0% | RM108.92 Million | RM1.08 Billion | RM2.45 Billion | RM2.34 Billion | ▲ +11.4 pp |
| 2014 | -1.3% | RM-11.67 Million | RM868.29 Million | RM2.12 Billion | RM2.13 Billion | ▼ -4.7 pp |
| 2013 | 3.4% | RM25.54 Million | RM757.11 Million | RM1.72 Billion | RM1.69 Billion | ▲ +15.2 pp |
| 2012 | -11.8% | RM-73.33 Million | RM620.41 Million | RM1.93 Billion | RM2.00 Billion | ▼ -13.2 pp |
| 2011 | 1.4% | RM8.75 Million | RM639.98 Million | RM1.96 Billion | RM1.95 Billion | ▼ -13.4 pp |
| 2010 | 14.8% | RM82.52 Million | RM559.07 Million | RM1.90 Billion | RM1.82 Billion | ▲ +7.2 pp |
| 2009 | 7.6% | RM41.78 Million | RM551.69 Million | RM1.82 Billion | RM1.78 Billion | ▲ +13.6 pp |
| 2008 | -6.0% | RM-31.85 Million | RM529.05 Million | RM1.91 Billion | RM1.94 Billion | ▼ -26.7 pp |
| 2007 | 20.7% | RM95.23 Million | RM461.15 Million | RM1.27 Billion | RM1.17 Billion | ▲ +10.1 pp |
| 2006 | 10.6% | RM40.10 Million | RM379.01 Million | RM965.89 Million | RM925.79 Million | — |