Able Global Bhd (7167) — Working Capital to Net Assets Ratio
Able Global Bhd (7167) has a Working Capital to Net Assets ratio of 79.3% as of September 2025. Working capital of RM412.87 Million (current assets of RM558.32 Million minus current liabilities of RM145.45 Million) is measured against net assets of RM520.85 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of Able Global Bhd to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Able Global Bhd Working Capital to Net Assets (2012–2024)
This chart shows how Able Global Bhd's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 79.3%, reflecting working capital of RM412.87 Million against net assets of RM520.85 Million MYR. Check Able Global Bhd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Able Global Bhd (2012–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Able Global Bhd from 2012 to 2024, covering 13 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 market cap of Able Global Bhd.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 84.2% | RM406.61 Million | RM482.71 Million | RM617.96 Million | RM211.35 Million | ▼ -4.1 pp |
| 2023 | 88.3% | RM390.78 Million | RM442.51 Million | RM583.34 Million | RM192.56 Million | ▲ +0.2 pp |
| 2022 | 88.1% | RM354.94 Million | RM402.81 Million | RM503.35 Million | RM148.42 Million | ▲ +29.5 pp |
| 2021 | 58.6% | RM223.22 Million | RM380.79 Million | RM366.28 Million | RM143.06 Million | ▲ +1.6 pp |
| 2020 | 57.0% | RM203.01 Million | RM356.06 Million | RM307.60 Million | RM104.59 Million | ▲ +3.2 pp |
| 2019 | 53.8% | RM183.22 Million | RM340.36 Million | RM285.64 Million | RM102.42 Million | ▼ -3.6 pp |
| 2018 | 57.5% | RM180.63 Million | RM314.35 Million | RM299.76 Million | RM119.13 Million | ▼ -4.4 pp |
| 2017 | 61.9% | RM179.43 Million | RM290.06 Million | RM272.53 Million | RM93.10 Million | ▲ +6.5 pp |
| 2016 | 55.3% | RM124.27 Million | RM224.62 Million | RM233.45 Million | RM109.18 Million | ▲ +6.4 pp |
| 2015 | 49.0% | RM94.00 Million | RM192.00 Million | RM256.00 Million | RM162.00 Million | ▼ -7.7 pp |
| 2014 | 56.7% | RM102.00 Million | RM180.00 Million | RM235.00 Million | RM133.00 Million | ▼ -3.3 pp |
| 2013 | 60.0% | RM102.00 Million | RM170.00 Million | RM142.00 Million | RM40.00 Million | ▼ -7.7 pp |
| 2012 | 67.7% | RM105.00 Million | RM155.00 Million | RM150.00 Million | RM45.00 Million | — |