Pansar Bhd (8419) — Working Capital to Net Assets Ratio
Pansar Bhd (8419) has a Working Capital to Net Assets ratio of 66.6% as of December 2025. Working capital of RM239.63 Million (current assets of RM673.90 Million minus current liabilities of RM434.27 Million) is measured against net assets of RM359.59 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how financially flexible is Pansar Bhd to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Pansar Bhd Working Capital to Net Assets (2007–2025)
This chart shows how Pansar Bhd's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2007 to 2025. As of December 2025, the ratio stands at 66.6%, reflecting working capital of RM239.63 Million against net assets of RM359.59 Million MYR. See how many days can Pansar Bhd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Pansar Bhd (2007–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Pansar Bhd from 2007 to 2025, covering 17 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 Pansar Bhd.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 63.2% | RM218.50 Million | RM345.54 Million | RM665.97 Million | RM447.46 Million | ▲ +1.8 pp |
| 2024 | 61.5% | RM200.54 Million | RM326.30 Million | RM599.01 Million | RM398.47 Million | ▲ +5.4 pp |
| 2023 | 56.0% | RM172.99 Million | RM308.75 Million | RM539.97 Million | RM366.98 Million | ▲ +1.5 pp |
| 2022 | 54.5% | RM164.26 Million | RM301.42 Million | RM425.85 Million | RM261.59 Million | ▼ -30.0 pp |
| 2021 | 84.5% | RM256.84 Million | RM304.01 Million | RM318.55 Million | RM61.71 Million | ▲ +9.2 pp |
| 2020 | 75.3% | RM133.85 Million | RM177.76 Million | RM210.56 Million | RM76.70 Million | ▼ -5.9 pp |
| 2019 | 81.2% | RM141.93 Million | RM174.73 Million | RM222.71 Million | RM80.78 Million | ▼ -4.5 pp |
| 2018 | 85.8% | RM156.32 Million | RM182.27 Million | RM251.26 Million | RM94.95 Million | ▲ +0.7 pp |
| 2017 | 85.0% | RM140.90 Million | RM165.71 Million | RM212.98 Million | RM72.08 Million | ▲ +2.0 pp |
| 2016 | 83.0% | RM136.81 Million | RM164.82 Million | RM203.53 Million | RM66.72 Million | ▲ +0.3 pp |
| 2015 | 82.7% | RM134.00 Million | RM162.00 Million | RM235.00 Million | RM101.00 Million | ▼ -14.0 pp |
| 2014 | 96.7% | RM148.00 Million | RM153.00 Million | RM214.00 Million | RM66.00 Million | ▲ +0.2 pp |
| 2013 | 96.5% | RM139.00 Million | RM144.00 Million | RM197.00 Million | RM58.00 Million | ▼ -3.5 pp |
| 2010 | 100.0% | RM6.00 Million | RM6.00 Million | RM10.00 Million | RM4.00 Million | ▲ +0.0 pp |
| 2009 | 100.0% | RM7.00 Million | RM7.00 Million | RM10.00 Million | RM3.00 Million | ▲ +0.0 pp |
| 2008 | 100.0% | RM8.00 Million | RM8.00 Million | RM9.00 Million | RM1.00 Million | ▲ +0.0 pp |
| 2007 | 100.0% | RM8.00 Million | RM8.00 Million | RM9.00 Million | RM1.00 Million | — |