SP Setia Bhd (8664) — Working Capital to Net Assets Ratio
SP Setia Bhd (8664) has a Working Capital to Net Assets ratio of 18.8% as of December 2025. Working capital of RM3.02 Billion (current assets of RM8.60 Billion minus current liabilities of RM5.58 Billion) is measured against net assets of RM16.09 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 8664 equity financing ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
SP Setia Bhd Working Capital to Net Assets (2004–2025)
This chart shows how SP Setia Bhd's Working Capital to Net Assets ratio has evolved across 23 annual periods from 2004 to 2025. As of December 2025, the ratio stands at 18.8%, reflecting working capital of RM3.02 Billion against net assets of RM16.09 Billion MYR. Check how tangible is SP Setia Bhd's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for SP Setia Bhd (2004–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for SP Setia Bhd from 2004 to 2025, covering 23 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 SP Setia Bhd.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 18.8% | RM3.02 Billion | RM16.09 Billion | RM8.60 Billion | RM5.58 Billion | ▼ -5.4 pp |
| 2024 | 24.2% | RM3.83 Billion | RM15.84 Billion | RM8.63 Billion | RM4.79 Billion | ▼ -0.6 pp |
| 2023 | 24.7% | RM3.87 Billion | RM15.66 Billion | RM9.53 Billion | RM5.65 Billion | ▲ +3.0 pp |
| 2022 | 21.8% | RM3.34 Billion | RM15.35 Billion | RM10.26 Billion | RM6.92 Billion | ▼ -13.8 pp |
| 2021 | 35.6% | RM5.57 Billion | RM15.63 Billion | RM11.26 Billion | RM5.70 Billion | ▼ -3.7 pp |
| 2020 | 39.3% | RM6.03 Billion | RM15.34 Billion | RM11.14 Billion | RM5.11 Billion | ▲ +0.4 pp |
| 2019 | 38.9% | RM6.14 Billion | RM15.78 Billion | RM10.98 Billion | RM4.84 Billion | ▲ +5.9 pp |
| 2018 | 33.1% | RM5.13 Billion | RM15.52 Billion | RM10.42 Billion | RM5.29 Billion | ▲ +6.2 pp |
| 2017 | 26.9% | RM3.71 Billion | RM13.80 Billion | RM12.41 Billion | RM8.70 Billion | ▼ -24.9 pp |
| 2016 | 51.8% | RM5.30 Billion | RM10.24 Billion | RM9.85 Billion | RM4.54 Billion | ▲ +0.9 pp |
| 2015 | 50.9% | RM4.27 Billion | RM8.39 Billion | RM8.79 Billion | RM4.52 Billion | ▼ -2.1 pp |
| 2015 | 52.9% | RM4.21 Billion | RM7.96 Billion | RM8.29 Billion | RM4.08 Billion | ▼ -2.0 pp |
| 2014 | 54.9% | RM3.73 Billion | RM6.79 Billion | RM6.59 Billion | RM2.86 Billion | ▼ -1.5 pp |
| 2013 | 56.4% | RM3.11 Billion | RM5.52 Billion | RM6.11 Billion | RM3.00 Billion | ▲ +30.9 pp |
| 2012 | 25.5% | RM1.03 Billion | RM4.04 Billion | RM3.98 Billion | RM2.95 Billion | ▼ -41.5 pp |
| 2011 | 67.0% | RM2.30 Billion | RM3.44 Billion | RM3.33 Billion | RM1.03 Billion | ▼ -3.2 pp |
| 2010 | 70.2% | RM1.54 Billion | RM2.19 Billion | RM2.71 Billion | RM1.18 Billion | ▼ -5.1 pp |
| 2009 | 75.2% | RM1.53 Billion | RM2.04 Billion | RM2.34 Billion | RM804.96 Million | ▲ +6.7 pp |
| 2008 | 68.5% | RM1.35 Billion | RM1.98 Billion | RM1.81 Billion | RM450.91 Million | ▲ +3.3 pp |
| 2007 | 65.3% | RM1.20 Billion | RM1.84 Billion | RM1.70 Billion | RM501.46 Million | ▼ -0.6 pp |
| 2006 | 65.9% | RM1.12 Billion | RM1.70 Billion | RM1.52 Billion | RM398.27 Million | ▼ -0.4 pp |
| 2005 | 66.3% | RM1.05 Billion | RM1.58 Billion | RM1.43 Billion | RM379.98 Million | ▲ +0.7 pp |
| 2004 | 65.7% | RM915.37 Million | RM1.39 Billion | RM1.66 Billion | RM744.16 Million | — |