PLB Engineering Bhd (7055) — Working Capital to Net Assets Ratio
PLB Engineering Bhd (7055) has a Working Capital to Net Assets ratio of -22.4% as of November 2025. Working capital of RM-17.82 Million (current assets of RM130.02 Million minus current liabilities of RM147.84 Million) is measured against net assets of RM79.48 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is PLB Engineering Bhd's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
PLB Engineering Bhd Working Capital to Net Assets (2012–2025)
This chart shows how PLB Engineering Bhd's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2012 to 2025. As of November 2025, the ratio stands at -22.4%, reflecting working capital of RM-17.82 Million against net assets of RM79.48 Million MYR. Check how tangible is PLB Engineering Bhd's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for PLB Engineering Bhd (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for PLB Engineering 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 7055 market cap overview.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -32.3% | RM-25.85 Million | RM80.06 Million | RM135.45 Million | RM161.30 Million | ▲ +34.4 pp |
| 2024 | -66.7% | RM-54.79 Million | RM82.19 Million | RM124.92 Million | RM179.71 Million | ▼ -20.2 pp |
| 2023 | -46.5% | RM-43.19 Million | RM92.95 Million | RM166.55 Million | RM209.74 Million | ▼ -112.8 pp |
| 2022 | 66.3% | RM79.08 Million | RM119.21 Million | RM252.71 Million | RM173.63 Million | ▲ +59.2 pp |
| 2021 | 7.1% | RM9.36 Million | RM131.31 Million | RM250.81 Million | RM241.45 Million | ▼ -40.0 pp |
| 2020 | 47.1% | RM63.23 Million | RM134.14 Million | RM296.40 Million | RM233.17 Million | ▼ -33.0 pp |
| 2019 | 80.2% | RM122.08 Million | RM152.29 Million | RM319.20 Million | RM197.12 Million | ▲ +58.8 pp |
| 2018 | 21.3% | RM30.84 Million | RM144.73 Million | RM274.98 Million | RM244.13 Million | ▼ -37.1 pp |
| 2017 | 58.4% | RM79.21 Million | RM135.64 Million | RM244.75 Million | RM165.54 Million | ▼ -9.2 pp |
| 2016 | 67.6% | RM84.17 Million | RM124.58 Million | RM233.86 Million | RM149.68 Million | ▲ +5.2 pp |
| 2015 | 62.4% | RM83.00 Million | RM133.00 Million | RM204.00 Million | RM121.00 Million | ▼ -7.6 pp |
| 2014 | 70.0% | RM98.00 Million | RM140.00 Million | RM196.00 Million | RM98.00 Million | ▼ -23.1 pp |
| 2013 | 93.1% | RM121.00 Million | RM130.00 Million | RM207.00 Million | RM86.00 Million | ▲ +1.8 pp |
| 2012 | 91.3% | RM105.00 Million | RM115.00 Million | RM166.00 Million | RM61.00 Million | — |