Spritzer Bhd (7103) — Working Capital to Net Assets Ratio
Spritzer Bhd (7103) has a Working Capital to Net Assets ratio of 25.3% as of February 2026. Working capital of RM172.05 Million (current assets of RM311.36 Million minus current liabilities of RM139.31 Million) is measured against net assets of RM680.12 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Spritzer Bhd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Spritzer Bhd Working Capital to Net Assets (2012–2026)
This chart shows how Spritzer Bhd's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2012 to 2026. As of February 2026, the ratio stands at 25.3%, reflecting working capital of RM172.05 Million against net assets of RM680.12 Million MYR. For the complete balance sheet picture, see 7103 asset base.
Annual Working Capital to Net Assets for Spritzer Bhd (2012–2026)
The table below presents the year-by-year Working Capital to Net Assets ratio for Spritzer Bhd from 2012 to 2026, covering 15 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. Check Spritzer Bhd liquidity resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2026 | 21.9% | RM144.34 Million | RM657.67 Million | RM299.22 Million | RM154.88 Million | ▲ +4.8 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 | — |