TSH Resources Bhd (9059) — Working Capital to Net Assets Ratio
TSH Resources Bhd (9059) has a Working Capital to Net Assets ratio of 10.7% as of September 2025. Working capital of RM234.45 Million (current assets of RM533.64 Million minus current liabilities of RM299.19 Million) is measured against net assets of RM2.20 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 9059 equity financing ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
TSH Resources Bhd Working Capital to Net Assets (2005–2024)
This chart shows how TSH Resources Bhd's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2005 to 2024. As of September 2025, the ratio stands at 10.7%, reflecting working capital of RM234.45 Million against net assets of RM2.20 Billion MYR. Check TSH Resources Bhd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for TSH Resources Bhd (2005–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for TSH Resources Bhd from 2005 to 2024, covering 20 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 TSH Resources Bhd.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 6.4% | RM144.91 Million | RM2.27 Billion | RM458.35 Million | RM313.44 Million | ▼ -7.8 pp |
| 2023 | 14.2% | RM326.71 Million | RM2.31 Billion | RM644.58 Million | RM317.87 Million | ▲ +3.3 pp |
| 2022 | 10.9% | RM231.75 Million | RM2.13 Billion | RM788.91 Million | RM557.16 Million | ▲ +15.6 pp |
| 2021 | -4.8% | RM-86.61 Million | RM1.81 Billion | RM705.85 Million | RM792.46 Million | ▲ +21.7 pp |
| 2020 | -26.5% | RM-423.23 Million | RM1.60 Billion | RM357.73 Million | RM780.96 Million | ▼ -10.1 pp |
| 2019 | -16.4% | RM-258.70 Million | RM1.57 Billion | RM383.71 Million | RM642.42 Million | ▲ +8.0 pp |
| 2018 | -24.4% | RM-367.18 Million | RM1.50 Billion | RM398.61 Million | RM765.79 Million | ▼ -5.4 pp |
| 2017 | -19.0% | RM-305.77 Million | RM1.61 Billion | RM464.49 Million | RM770.27 Million | ▼ -3.3 pp |
| 2016 | -15.8% | RM-262.24 Million | RM1.66 Billion | RM546.01 Million | RM808.26 Million | ▲ +24.6 pp |
| 2015 | -40.4% | RM-606.61 Million | RM1.50 Billion | RM431.34 Million | RM1.04 Billion | ▼ -18.0 pp |
| 2014 | -22.4% | RM-288.66 Million | RM1.29 Billion | RM417.24 Million | RM705.90 Million | ▼ -19.0 pp |
| 2013 | -3.4% | RM-39.10 Million | RM1.16 Billion | RM515.57 Million | RM554.67 Million | ▲ +8.4 pp |
| 2012 | -11.7% | RM-116.19 Million | RM989.36 Million | RM472.67 Million | RM588.86 Million | ▲ +4.0 pp |
| 2011 | -15.8% | RM-149.26 Million | RM947.38 Million | RM438.37 Million | RM587.63 Million | ▲ +8.7 pp |
| 2010 | -24.4% | RM-206.28 Million | RM845.07 Million | RM437.00 Million | RM643.27 Million | ▼ -24.4 pp |
| 2009 | 0.0% | RM-184.00K | RM815.23 Million | RM449.95 Million | RM450.14 Million | ▼ -3.6 pp |
| 2008 | 3.6% | RM26.23 Million | RM735.80 Million | RM411.76 Million | RM385.53 Million | ▼ -17.5 pp |
| 2007 | 21.1% | RM151.95 Million | RM720.85 Million | RM393.09 Million | RM241.14 Million | ▲ +7.1 pp |
| 2006 | 14.0% | RM70.66 Million | RM506.33 Million | RM296.06 Million | RM225.40 Million | ▼ -21.5 pp |
| 2005 | 35.5% | RM162.54 Million | RM457.95 Million | RM283.30 Million | RM120.77 Million | — |