TSH Resources Bhd (9059) — Working Capital to Net Assets Ratio
TSH Resources Bhd (9059) has a Working Capital to Net Assets ratio of 10.4% as of March 2026. Working capital of RM219.73 Million (current assets of RM558.07 Million minus current liabilities of RM338.34 Million) is measured against net assets of RM2.12 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial agility of TSH Resources Bhd to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
TSH Resources Bhd Working Capital to Net Assets (2005–2025)
This chart shows how TSH Resources Bhd's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of March 2026, the ratio stands at 10.4%, reflecting working capital of RM219.73 Million against net assets of RM2.12 Billion MYR. See 9059 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for TSH Resources Bhd (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for TSH Resources Bhd from 2005 to 2025, covering 21 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 9059 company net worth.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 10.3% | RM220.65 Million | RM2.15 Billion | RM565.16 Million | RM344.51 Million | ▲ +3.9 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 | — |