VS Industry Bhd (6963) — Working Capital to Net Assets Ratio
VS Industry Bhd (6963) has a Working Capital to Net Assets ratio of 57.1% as of January 2026. Working capital of RM1.19 Billion (current assets of RM2.09 Billion minus current liabilities of RM895.26 Million) is measured against net assets of RM2.08 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial agility of VS Industry Bhd to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
VS Industry Bhd Working Capital to Net Assets (2006–2025)
This chart shows how VS Industry Bhd's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2006 to 2025. As of January 2026, the ratio stands at 57.1%, reflecting working capital of RM1.19 Billion against net assets of RM2.08 Billion MYR. See VS Industry Bhd (6963) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for VS Industry Bhd (2006–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for VS Industry 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 VS Industry Bhd.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 60.7% | RM1.31 Billion | RM2.15 Billion | RM2.45 Billion | RM1.15 Billion | ▼ -15.3 pp |
| 2024 | 76.0% | RM1.74 Billion | RM2.29 Billion | RM2.90 Billion | RM1.16 Billion | ▲ +2.8 pp |
| 2023 | 73.2% | RM1.67 Billion | RM2.28 Billion | RM2.78 Billion | RM1.11 Billion | ▲ +26.5 pp |
| 2022 | 46.7% | RM1.10 Billion | RM2.36 Billion | RM2.47 Billion | RM1.36 Billion | ▲ +0.2 pp |
| 2021 | 46.6% | RM1.03 Billion | RM2.22 Billion | RM2.23 Billion | RM1.20 Billion | ▼ -0.7 pp |
| 2020 | 47.3% | RM887.34 Million | RM1.88 Billion | RM1.73 Billion | RM839.33 Million | ▲ +2.2 pp |
| 2019 | 45.0% | RM803.70 Million | RM1.78 Billion | RM1.90 Billion | RM1.10 Billion | ▲ +7.3 pp |
| 2018 | 37.7% | RM620.26 Million | RM1.64 Billion | RM1.92 Billion | RM1.30 Billion | ▲ +6.3 pp |
| 2017 | 31.4% | RM401.67 Million | RM1.28 Billion | RM1.82 Billion | RM1.42 Billion | ▼ -0.1 pp |
| 2016 | 31.5% | RM336.21 Million | RM1.07 Billion | RM1.11 Billion | RM774.26 Million | ▼ -1.3 pp |
| 2015 | 32.8% | RM321.42 Million | RM979.62 Million | RM1.02 Billion | RM697.93 Million | ▲ +13.8 pp |
| 2014 | 19.0% | RM121.62 Million | RM640.99 Million | RM842.65 Million | RM721.03 Million | ▲ +3.1 pp |
| 2013 | 15.8% | RM94.56 Million | RM596.87 Million | RM686.45 Million | RM591.89 Million | ▼ -9.6 pp |
| 2012 | 25.4% | RM103.72 Million | RM407.92 Million | RM480.83 Million | RM377.11 Million | ▲ +1.3 pp |
| 2011 | 24.1% | RM97.04 Million | RM403.00 Million | RM405.16 Million | RM308.12 Million | ▲ +12.4 pp |
| 2010 | 11.7% | RM45.94 Million | RM393.83 Million | RM340.56 Million | RM294.63 Million | ▲ +12.8 pp |
| 2009 | -1.1% | RM-4.31 Million | RM375.93 Million | RM257.45 Million | RM261.76 Million | ▲ +1.3 pp |
| 2008 | -2.4% | RM-9.04 Million | RM372.83 Million | RM311.26 Million | RM320.30 Million | ▼ -4.4 pp |
| 2007 | 2.0% | RM6.28 Million | RM314.92 Million | RM329.00 Million | RM322.72 Million | ▲ +8.5 pp |
| 2006 | -6.5% | RM-17.26 Million | RM266.49 Million | RM225.19 Million | RM242.45 Million | — |