SP Setia Bhd (8664) — Working Capital to Net Assets Ratio
SP Setia Bhd (8664) has a Working Capital to Net Assets ratio of 27.2% as of March 2026. Working capital of RM4.34 Billion (current assets of RM8.34 Billion minus current liabilities of RM4.01 Billion) is measured against net assets of RM15.96 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See SP Setia Bhd financial flexibility index to measure the company's free cash flow as a share of total liabilities.
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 March 2026, the ratio stands at 27.2%, reflecting working capital of RM4.34 Billion against net assets of RM15.96 Billion MYR. See SP Setia Bhd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
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 value 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 | — |