Top Glove Corporation Bhd (7113) — Working Capital to Net Assets Ratio
Top Glove Corporation Bhd (7113) has a Working Capital to Net Assets ratio of 24.6% as of May 2026. Working capital of RM1.19 Billion (current assets of RM1.98 Billion minus current liabilities of RM786.24 Million) is measured against net assets of RM4.83 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 7113 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Top Glove Corporation Bhd Working Capital to Net Assets (2005–2025)
This chart shows how Top Glove Corporation Bhd's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of May 2026, the ratio stands at 24.6%, reflecting working capital of RM1.19 Billion against net assets of RM4.83 Billion MYR. For the complete balance sheet picture, see total assets of Top Glove Corporation Bhd.
Annual Working Capital to Net Assets for Top Glove Corporation Bhd (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Top Glove Corporation Bhd from 2005 to 2025, covering 21 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 Top Glove Corporation 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) |
|---|---|---|---|---|---|---|
| 2025 | 19.4% | RM926.11 Million | RM4.78 Billion | RM1.45 Billion | RM528.78 Million | ▲ +4.3 pp |
| 2024 | 15.1% | RM881.60 Million | RM5.84 Billion | RM1.83 Billion | RM949.80 Million | ▲ +2.2 pp |
| 2023 | 12.9% | RM764.16 Million | RM5.93 Billion | RM1.69 Billion | RM923.87 Million | ▼ -3.5 pp |
| 2022 | 16.4% | RM1.11 Billion | RM6.79 Billion | RM2.11 Billion | RM996.49 Million | ▼ -13.3 pp |
| 2021 | 29.7% | RM2.15 Billion | RM7.22 Billion | RM4.35 Billion | RM2.20 Billion | ▼ -5.1 pp |
| 2020 | 34.8% | RM2.16 Billion | RM6.19 Billion | RM4.29 Billion | RM2.13 Billion | ▲ +36.9 pp |
| 2019 | -2.1% | RM-53.10 Million | RM2.55 Billion | RM1.54 Billion | RM1.59 Billion | ▼ -9.1 pp |
| 2018 | 7.0% | RM168.25 Million | RM2.39 Billion | RM1.62 Billion | RM1.45 Billion | ▼ -15.6 pp |
| 2017 | 22.6% | RM455.62 Million | RM2.01 Billion | RM1.25 Billion | RM795.74 Million | ▼ -12.7 pp |
| 2016 | 35.4% | RM645.83 Million | RM1.83 Billion | RM1.34 Billion | RM690.91 Million | ▲ +1.2 pp |
| 2015 | 34.2% | RM552.40 Million | RM1.61 Billion | RM1.47 Billion | RM920.69 Million | ▲ +8.9 pp |
| 2014 | 25.3% | RM354.20 Million | RM1.40 Billion | RM840.02 Million | RM485.83 Million | ▼ -1.9 pp |
| 2013 | 27.3% | RM370.44 Million | RM1.36 Billion | RM735.46 Million | RM365.02 Million | ▼ -14.6 pp |
| 2012 | 41.9% | RM536.18 Million | RM1.28 Billion | RM810.54 Million | RM274.36 Million | ▼ -0.5 pp |
| 2011 | 42.4% | RM486.02 Million | RM1.15 Billion | RM715.43 Million | RM229.41 Million | ▼ -4.7 pp |
| 2010 | 47.1% | RM525.83 Million | RM1.12 Billion | RM744.09 Million | RM218.26 Million | ▲ +15.5 pp |
| 2009 | 31.6% | RM267.44 Million | RM845.98 Million | RM511.50 Million | RM244.06 Million | ▲ +2.2 pp |
| 2008 | 29.4% | RM201.80 Million | RM686.79 Million | RM507.88 Million | RM306.08 Million | ▼ -3.4 pp |
| 2007 | 32.8% | RM208.83 Million | RM637.14 Million | RM466.05 Million | RM257.21 Million | ▲ +26.3 pp |
| 2006 | 6.4% | RM18.26 Million | RM284.11 Million | RM320.29 Million | RM302.03 Million | ▲ +8.8 pp |
| 2005 | -2.3% | RM-4.76 Million | RM203.69 Million | RM205.75 Million | RM210.51 Million | — |