TPC Plus Bhd (7176) — Working Capital to Net Assets Ratio
TPC Plus Bhd (7176) has a Working Capital to Net Assets ratio of 24.1% as of December 2025. Working capital of RM33.31 Million (current assets of RM219.96 Million minus current liabilities of RM186.65 Million) is measured against net assets of RM137.95 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See TPC Plus Bhd balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
TPC Plus Bhd Working Capital to Net Assets (2012–2025)
This chart shows how TPC Plus Bhd's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2012 to 2025. As of December 2025, the ratio stands at 24.1%, reflecting working capital of RM33.31 Million against net assets of RM137.95 Million MYR. Check tangible net worth ratio of TPC Plus Bhd to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for TPC Plus Bhd (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for TPC Plus 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 TPC Plus Bhd stock valuation.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 24.1% | RM33.31 Million | RM137.95 Million | RM219.96 Million | RM186.65 Million | ▼ -13.6 pp |
| 2024 | 37.7% | RM47.44 Million | RM125.72 Million | RM210.81 Million | RM163.37 Million | ▲ +10.5 pp |
| 2023 | 27.3% | RM30.96 Million | RM113.60 Million | RM190.22 Million | RM159.26 Million | ▲ +56.6 pp |
| 2022 | -29.3% | RM-20.60 Million | RM70.19 Million | RM122.89 Million | RM143.49 Million | ▲ +16.9 pp |
| 2021 | -46.2% | RM-29.06 Million | RM62.87 Million | RM110.66 Million | RM139.72 Million | ▼ -25.4 pp |
| 2020 | -20.9% | RM-13.94 Million | RM66.87 Million | RM98.31 Million | RM112.25 Million | ▼ -33.9 pp |
| 2019 | 13.1% | RM11.44 Million | RM87.40 Million | RM91.04 Million | RM79.59 Million | ▲ +6.7 pp |
| 2018 | 6.4% | RM5.46 Million | RM85.31 Million | RM75.25 Million | RM69.80 Million | ▲ +17.8 pp |
| 2017 | -11.4% | RM-8.30 Million | RM72.90 Million | RM51.67 Million | RM59.97 Million | ▼ -25.0 pp |
| 2016 | 13.6% | RM9.97 Million | RM73.13 Million | RM39.79 Million | RM29.82 Million | ▲ +109.5 pp |
| 2015 | -95.8% | RM-23.00 Million | RM24.00 Million | RM27.00 Million | RM50.00 Million | ▲ +18.5 pp |
| 2014 | -114.3% | RM-24.00 Million | RM21.00 Million | RM25.00 Million | RM49.00 Million | ▲ +129.5 pp |
| 2013 | -243.8% | RM-39.00 Million | RM16.00 Million | RM25.00 Million | RM64.00 Million | ▼ -68.8 pp |
| 2012 | -175.0% | RM-35.00 Million | RM20.00 Million | RM25.00 Million | RM60.00 Million | — |