Handal Resources Bhd (7253) — Working Capital to Net Assets Ratio
Handal Resources Bhd (7253) has a Working Capital to Net Assets ratio of -128.0% as of September 2025. Working capital of RM-44.07 Million (current assets of RM42.18 Million minus current liabilities of RM86.25 Million) is measured against net assets of RM34.43 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of Handal Resources Bhd to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Handal Resources Bhd Working Capital to Net Assets (2012–2024)
This chart shows how Handal Resources 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 -128.0%, reflecting working capital of RM-44.07 Million against net assets of RM34.43 Million MYR. Check Handal Resources Bhd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Handal Resources Bhd (2012–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Handal 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 Handal Resources Bhd (7253) total market value.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -234.0% | RM-41.22 Million | RM17.61 Million | RM46.03 Million | RM87.25 Million | ▼ -9.8 pp |
| 2023 | -224.3% | RM-35.07 Million | RM15.64 Million | RM31.80 Million | RM66.88 Million | ▼ -147.4 pp |
| 2022 | -76.9% | RM-28.35 Million | RM36.88 Million | RM27.66 Million | RM56.01 Million | ▼ -47.2 pp |
| 2021 | -29.7% | RM-15.62 Million | RM52.66 Million | RM38.83 Million | RM54.45 Million | ▼ -44.9 pp |
| 2020 | 15.2% | RM11.44 Million | RM75.12 Million | RM61.32 Million | RM49.88 Million | ▲ +16.4 pp |
| 2019 | -1.2% | RM-945.56K | RM78.53 Million | RM56.62 Million | RM57.57 Million | ▼ -54.8 pp |
| 2018 | 53.6% | RM41.30 Million | RM76.99 Million | RM59.37 Million | RM18.08 Million | ▼ -0.8 pp |
| 2017 | 54.5% | RM53.48 Million | RM98.17 Million | RM87.77 Million | RM34.28 Million | ▲ +4.3 pp |
| 2016 | 50.1% | RM49.54 Million | RM98.80 Million | RM82.06 Million | RM32.51 Million | ▲ +5.0 pp |
| 2015 | 45.2% | RM50.77 Million | RM112.39 Million | RM104.79 Million | RM54.02 Million | ▲ +4.6 pp |
| 2014 | 40.6% | RM43.00 Million | RM106.00 Million | RM94.00 Million | RM51.00 Million | ▲ +1.0 pp |
| 2013 | 39.6% | RM40.00 Million | RM101.00 Million | RM81.00 Million | RM41.00 Million | ▼ -10.4 pp |
| 2012 | 50.0% | RM49.00 Million | RM98.00 Million | RM90.00 Million | RM41.00 Million | — |