Spritzer Bhd (7103) — Working Capital to Net Assets Ratio
Spritzer Bhd (7103) has a Working Capital to Net Assets ratio of 21.9% as of November 2025. Working capital of RM144.34 Million (current assets of RM299.22 Million minus current liabilities of RM154.88 Million) is measured against net assets of RM657.67 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of Spritzer Bhd to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Spritzer Bhd Working Capital to Net Assets (2012–2025)
This chart shows how Spritzer 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 21.9%, reflecting working capital of RM144.34 Million against net assets of RM657.67 Million MYR. Check 7103 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Spritzer Bhd (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Spritzer 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 7103 company net worth.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 17.2% | RM99.83 Million | RM582.00 Million | RM233.75 Million | RM133.92 Million | ▼ -2.3 pp |
| 2024 | 19.4% | RM102.36 Million | RM527.03 Million | RM201.85 Million | RM99.50 Million | ▲ +0.2 pp |
| 2023 | 19.2% | RM94.86 Million | RM493.48 Million | RM179.72 Million | RM84.86 Million | ▼ -15.5 pp |
| 2022 | 34.7% | RM160.79 Million | RM462.75 Million | RM234.92 Million | RM74.13 Million | ▲ +4.0 pp |
| 2021 | 30.7% | RM136.41 Million | RM444.00 Million | RM191.22 Million | RM54.82 Million | ▼ -0.5 pp |
| 2020 | 31.2% | RM129.61 Million | RM415.28 Million | RM189.84 Million | RM60.23 Million | ▼ -10.8 pp |
| 2019 | 42.0% | RM163.38 Million | RM389.20 Million | RM226.82 Million | RM63.45 Million | ▼ -4.0 pp |
| 2018 | 45.9% | RM172.99 Million | RM376.47 Million | RM229.79 Million | RM56.80 Million | ▲ +14.7 pp |
| 2017 | 31.2% | RM90.01 Million | RM288.25 Million | RM141.84 Million | RM51.83 Million | ▲ +5.9 pp |
| 2016 | 25.4% | RM65.64 Million | RM258.82 Million | RM129.65 Million | RM64.00 Million | ▲ +11.0 pp |
| 2015 | 14.4% | RM31.00 Million | RM216.00 Million | RM103.00 Million | RM72.00 Million | ▲ +3.7 pp |
| 2014 | 10.6% | RM20.00 Million | RM188.00 Million | RM106.00 Million | RM86.00 Million | ▲ +0.5 pp |
| 2013 | 10.2% | RM17.00 Million | RM167.00 Million | RM98.00 Million | RM81.00 Million | ▲ +1.5 pp |
| 2012 | 8.7% | RM13.00 Million | RM150.00 Million | RM84.00 Million | RM71.00 Million | — |