VS Industry Bhd (6963) — Working Capital to Net Assets Ratio
VS Industry Bhd (6963) has a Working Capital to Net Assets ratio of 57.0% as of April 2026. Working capital of RM1.16 Billion (current assets of RM2.11 Billion minus current liabilities of RM943.81 Million) is measured against net assets of RM2.04 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 6963 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
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 April 2026, the ratio stands at 57.0%, reflecting working capital of RM1.16 Billion against net assets of RM2.04 Billion MYR. For the complete balance sheet picture, see VS Industry Bhd asset portfolio.
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. Check VS Industry Bhd (6963) asset resilience to evaluate the company's liquid asset resilience ratio.
| 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 | — |