Ni Hsin Resources Bhd (7215) — Working Capital to Net Assets Ratio
Ni Hsin Resources Bhd (7215) has a Working Capital to Net Assets ratio of 23.1% as of March 2026. Working capital of RM21.24 Million (current assets of RM37.12 Million minus current liabilities of RM15.88 Million) is measured against net assets of RM91.74 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Ni Hsin Resources Bhd free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ni Hsin Resources Bhd Working Capital to Net Assets (2012–2024)
This chart shows how Ni Hsin Resources Bhd's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2012 to 2024. As of March 2026, the ratio stands at 23.1%, reflecting working capital of RM21.24 Million against net assets of RM91.74 Million MYR. See 7215 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Ni Hsin Resources Bhd (2012–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ni Hsin Resources 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 Ni Hsin Resources Bhd.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 19.6% | RM17.88 Million | RM91.00 Million | RM40.43 Million | RM22.55 Million | ▼ -19.0 pp |
| 2023 | 38.7% | RM34.91 Million | RM90.24 Million | RM39.89 Million | RM4.98 Million | ▼ -6.7 pp |
| 2022 | 45.4% | RM44.43 Million | RM97.97 Million | RM51.07 Million | RM6.63 Million | ▼ -4.1 pp |
| 2021 | 49.4% | RM49.96 Million | RM101.08 Million | RM55.80 Million | RM5.84 Million | ▲ +1.5 pp |
| 2020 | 48.0% | RM42.46 Million | RM88.52 Million | RM48.89 Million | RM6.42 Million | ▲ +2.7 pp |
| 2019 | 45.3% | RM39.21 Million | RM86.51 Million | RM44.83 Million | RM5.63 Million | ▼ -2.4 pp |
| 2018 | 47.7% | RM44.23 Million | RM92.74 Million | RM50.78 Million | RM6.54 Million | ▲ +9.6 pp |
| 2017 | 38.1% | RM30.52 Million | RM80.21 Million | RM37.34 Million | RM6.81 Million | ▲ +7.8 pp |
| 2016 | 30.2% | RM22.54 Million | RM74.52 Million | RM29.13 Million | RM6.59 Million | ▼ -8.7 pp |
| 2015 | 39.0% | RM23.00 Million | RM59.00 Million | RM29.00 Million | RM6.00 Million | ▼ -1.7 pp |
| 2014 | 40.7% | RM24.00 Million | RM59.00 Million | RM33.00 Million | RM9.00 Million | ▲ +2.3 pp |
| 2013 | 38.3% | RM23.00 Million | RM60.00 Million | RM36.00 Million | RM13.00 Million | ▲ +1.7 pp |
| 2012 | 36.7% | RM22.00 Million | RM60.00 Million | RM33.00 Million | RM11.00 Million | — |