Globetronics Tech Bhd (7022) — Working Capital to Net Assets Ratio
Globetronics Tech Bhd (7022) has a Working Capital to Net Assets ratio of 16.4% as of March 2026. Working capital of RM44.28 Million (current assets of RM67.53 Million minus current liabilities of RM23.24 Million) is measured against net assets of RM270.69 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of Globetronics Tech Bhd to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Globetronics Tech Bhd Working Capital to Net Assets (2006–2024)
This chart shows how Globetronics Tech Bhd's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2006 to 2024. As of March 2026, the ratio stands at 16.4%, reflecting working capital of RM44.28 Million against net assets of RM270.69 Million MYR. See Globetronics Tech Bhd (7022) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Globetronics Tech Bhd (2006–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Globetronics Tech Bhd from 2006 to 2024, covering 19 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 Globetronics Tech Bhd.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 69.1% | RM213.16 Million | RM308.26 Million | RM239.80 Million | RM26.64 Million | ▲ +1.3 pp |
| 2023 | 67.8% | RM209.05 Million | RM308.13 Million | RM236.96 Million | RM27.91 Million | ▼ -3.3 pp |
| 2022 | 71.1% | RM213.72 Million | RM300.45 Million | RM240.06 Million | RM26.33 Million | ▲ +3.7 pp |
| 2021 | 67.4% | RM202.90 Million | RM300.98 Million | RM236.84 Million | RM33.94 Million | ▲ +7.7 pp |
| 2020 | 59.7% | RM177.44 Million | RM297.10 Million | RM213.63 Million | RM36.19 Million | ▲ +6.5 pp |
| 2019 | 53.2% | RM157.88 Million | RM296.79 Million | RM196.81 Million | RM38.93 Million | ▲ +5.8 pp |
| 2018 | 47.4% | RM142.61 Million | RM301.14 Million | RM209.34 Million | RM66.73 Million | ▼ -2.4 pp |
| 2017 | 49.7% | RM139.88 Million | RM281.35 Million | RM224.73 Million | RM84.84 Million | ▼ -17.8 pp |
| 2016 | 67.5% | RM178.35 Million | RM264.15 Million | RM215.39 Million | RM37.04 Million | ▲ +2.4 pp |
| 2015 | 65.1% | RM195.06 Million | RM299.68 Million | RM250.32 Million | RM55.26 Million | ▼ -0.4 pp |
| 2014 | 65.5% | RM186.37 Million | RM284.57 Million | RM256.69 Million | RM70.32 Million | ▲ +5.4 pp |
| 2013 | 60.1% | RM165.31 Million | RM275.20 Million | RM229.24 Million | RM63.93 Million | ▲ +10.3 pp |
| 2012 | 49.8% | RM129.94 Million | RM261.14 Million | RM194.22 Million | RM64.27 Million | ▲ +7.2 pp |
| 2011 | 42.5% | RM104.81 Million | RM246.43 Million | RM151.35 Million | RM46.55 Million | ▲ +18.6 pp |
| 2010 | 24.0% | RM57.86 Million | RM241.28 Million | RM114.19 Million | RM56.33 Million | ▼ -16.3 pp |
| 2009 | 40.3% | RM91.27 Million | RM226.49 Million | RM137.71 Million | RM46.44 Million | ▲ +12.6 pp |
| 2008 | 27.7% | RM60.94 Million | RM219.99 Million | RM126.26 Million | RM65.31 Million | ▼ -9.8 pp |
| 2007 | 37.5% | RM84.57 Million | RM225.60 Million | RM161.56 Million | RM76.99 Million | ▼ 0.0 pp |
| 2006 | 37.5% | RM80.48 Million | RM214.47 Million | RM154.94 Million | RM74.47 Million | — |