MESB Bhd (7234) — Working Capital to Net Assets Ratio
MESB Bhd (7234) has a Working Capital to Net Assets ratio of 44.7% as of March 2026. Working capital of RM107.60 Million (current assets of RM171.81 Million minus current liabilities of RM64.21 Million) is measured against net assets of RM240.90 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 7234 financial flexibility score to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
MESB Bhd Working Capital to Net Assets (2013–2025)
This chart shows how MESB Bhd's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of March 2026, the ratio stands at 44.7%, reflecting working capital of RM107.60 Million against net assets of RM240.90 Million MYR. See 7234 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for MESB Bhd (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for MESB Bhd from 2013 to 2025, 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 how much is MESB Bhd worth.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 71.0% | RM117.50 Million | RM165.55 Million | RM145.59 Million | RM28.09 Million | ▲ +1.1 pp |
| 2024 | 69.9% | RM111.15 Million | RM159.12 Million | RM130.83 Million | RM19.68 Million | ▼ -20.4 pp |
| 2023 | 90.2% | RM96.34 Million | RM106.79 Million | RM124.95 Million | RM28.61 Million | ▼ -1.4 pp |
| 2022 | 91.6% | RM82.77 Million | RM90.32 Million | RM142.40 Million | RM59.62 Million | ▼ -1.5 pp |
| 2021 | 93.1% | RM76.23 Million | RM81.84 Million | RM139.90 Million | RM63.66 Million | ▲ +3.6 pp |
| 2020 | 89.5% | RM61.89 Million | RM69.14 Million | RM123.47 Million | RM61.58 Million | ▲ +24.2 pp |
| 2019 | 65.3% | RM60.11 Million | RM92.01 Million | RM123.25 Million | RM63.14 Million | ▲ +0.4 pp |
| 2018 | 65.0% | RM54.89 Million | RM84.48 Million | RM95.25 Million | RM40.36 Million | ▲ +2.9 pp |
| 2017 | 62.1% | RM50.51 Million | RM81.33 Million | RM98.35 Million | RM47.84 Million | ▲ +0.4 pp |
| 2016 | 61.7% | RM51.78 Million | RM83.95 Million | RM93.97 Million | RM42.18 Million | ▲ +13.5 pp |
| 2015 | 48.2% | RM40.00 Million | RM83.00 Million | RM64.00 Million | RM24.00 Million | ▼ -3.0 pp |
| 2014 | 51.2% | RM42.00 Million | RM82.00 Million | RM62.00 Million | RM20.00 Million | ▲ +10.9 pp |
| 2013 | 40.3% | RM27.00 Million | RM67.00 Million | RM53.00 Million | RM26.00 Million | — |