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 defensive interval ratio of TSH Resources Bhd to measure how many days the company can operate on defensive assets alone.
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. For the complete balance sheet picture, see TSH Resources Bhd (9059) total assets.
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. Check how resilient are TSH Resources Bhd's assets to evaluate the company's liquid asset resilience ratio.
| 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 | — |