MCE Holdings Bhd (7004) — Working Capital to Net Assets Ratio
MCE Holdings Bhd (7004) has a Working Capital to Net Assets ratio of 54.9% as of January 2026. Working capital of RM96.87 Million (current assets of RM145.53 Million minus current liabilities of RM48.66 Million) is measured against net assets of RM176.45 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 7004 net asset quality score to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
MCE Holdings Bhd Working Capital to Net Assets (2012–2025)
This chart shows how MCE Holdings Bhd's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2012 to 2025. As of January 2026, the ratio stands at 54.9%, reflecting working capital of RM96.87 Million against net assets of RM176.45 Million MYR. Check 7004 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for MCE Holdings Bhd (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for MCE Holdings 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 MCE Holdings Bhd stock valuation.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 52.8% | RM87.26 Million | RM165.17 Million | RM139.18 Million | RM51.92 Million | ▼ -6.5 pp |
| 2024 | 59.3% | RM77.15 Million | RM130.03 Million | RM123.03 Million | RM45.88 Million | ▲ +22.7 pp |
| 2023 | 36.6% | RM43.13 Million | RM117.78 Million | RM72.89 Million | RM29.76 Million | ▲ +11.8 pp |
| 2022 | 24.8% | RM23.59 Million | RM95.23 Million | RM58.51 Million | RM34.92 Million | ▲ +18.0 pp |
| 2021 | 6.8% | RM5.32 Million | RM78.43 Million | RM31.19 Million | RM25.87 Million | ▲ +6.2 pp |
| 2020 | 0.6% | RM462.39K | RM77.04 Million | RM32.58 Million | RM32.12 Million | ▼ -6.4 pp |
| 2019 | 7.0% | RM5.80 Million | RM82.83 Million | RM31.83 Million | RM26.03 Million | ▼ -20.2 pp |
| 2018 | 27.2% | RM24.36 Million | RM89.64 Million | RM36.92 Million | RM12.56 Million | ▼ -6.0 pp |
| 2017 | 33.2% | RM30.35 Million | RM91.55 Million | RM42.65 Million | RM12.30 Million | ▲ +0.8 pp |
| 2016 | 32.3% | RM29.39 Million | RM90.95 Million | RM45.08 Million | RM15.69 Million | ▼ -2.8 pp |
| 2015 | 35.1% | RM33.00 Million | RM94.00 Million | RM52.00 Million | RM19.00 Million | ▼ -1.0 pp |
| 2014 | 36.1% | RM35.00 Million | RM97.00 Million | RM63.00 Million | RM28.00 Million | ▼ -21.8 pp |
| 2013 | 57.9% | RM55.00 Million | RM95.00 Million | RM78.00 Million | RM23.00 Million | ▲ +12.3 pp |
| 2012 | 45.6% | RM31.00 Million | RM68.00 Million | RM55.00 Million | RM24.00 Million | — |