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 21.3% as of February 2026. Working capital of RM1.01 Billion (current assets of RM1.61 Billion minus current liabilities of RM599.65 Million) is measured against net assets of RM4.76 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of Top Glove Corporation Bhd to measure how much of total assets are equity-financed.
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 February 2026, the ratio stands at 21.3%, reflecting working capital of RM1.01 Billion against net assets of RM4.76 Billion MYR. Check tangible net worth ratio of Top Glove Corporation Bhd to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company profile, see Top Glove Corporation Bhd market cap and net worth.
| 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 | — |