Pharmaniaga Bhd (7081) — Working Capital to Net Assets Ratio
Pharmaniaga Bhd (7081) has a Working Capital to Net Assets ratio of -32.0% as of December 2025. Working capital of RM-146.85 Million (current assets of RM1.46 Billion minus current liabilities of RM1.61 Billion) is measured against net assets of RM459.15 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 7081 net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Pharmaniaga Bhd Working Capital to Net Assets (2012–2025)
This chart shows how Pharmaniaga Bhd's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2012 to 2025. As of December 2025, the ratio stands at -32.0%, reflecting working capital of RM-146.85 Million against net assets of RM459.15 Million MYR. Check how tangible is Pharmaniaga Bhd's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Pharmaniaga Bhd (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Pharmaniaga 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 Pharmaniaga Bhd stock valuation.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -32.0% | RM-146.85 Million | RM459.15 Million | RM1.46 Billion | RM1.61 Billion | ▼ -545.0 pp |
| 2024 | 513.1% | RM-748.78 Million | RM-145.94 Million | RM1.20 Billion | RM1.95 Billion | ▲ +186.5 pp |
| 2023 | 326.5% | RM-894.98 Million | RM-274.09 Million | RM1.11 Billion | RM2.00 Billion | ▲ +75.9 pp |
| 2022 | 250.6% | RM-872.90 Million | RM-348.31 Million | RM1.19 Billion | RM2.07 Billion | ▲ +218.0 pp |
| 2021 | 32.6% | RM153.43 Million | RM470.44 Million | RM1.62 Billion | RM1.47 Billion | ▲ +111.9 pp |
| 2020 | -79.3% | RM-267.57 Million | RM337.53 Million | RM926.24 Million | RM1.19 Billion | ▼ -0.3 pp |
| 2019 | -79.0% | RM-266.87 Million | RM337.85 Million | RM933.71 Million | RM1.20 Billion | ▼ -30.2 pp |
| 2018 | -48.7% | RM-248.30 Million | RM509.34 Million | RM1.06 Billion | RM1.31 Billion | ▼ -8.2 pp |
| 2017 | -40.6% | RM-214.29 Million | RM528.05 Million | RM778.64 Million | RM992.92 Million | ▼ -5.7 pp |
| 2016 | -34.9% | RM-185.32 Million | RM530.63 Million | RM876.70 Million | RM1.06 Billion | ▼ -12.6 pp |
| 2015 | -22.3% | RM-125.00 Million | RM560.00 Million | RM769.00 Million | RM894.00 Million | ▼ -13.1 pp |
| 2014 | -9.2% | RM-51.00 Million | RM552.00 Million | RM604.00 Million | RM655.00 Million | ▼ -14.0 pp |
| 2013 | 4.8% | RM24.00 Million | RM503.00 Million | RM614.00 Million | RM590.00 Million | ▲ +5.0 pp |
| 2012 | -0.2% | RM-1.00 Million | RM488.00 Million | RM723.00 Million | RM724.00 Million | — |