CWG Holdings Bhd (9423) — Working Capital to Net Assets Ratio
CWG Holdings Bhd (9423) has a Working Capital to Net Assets ratio of 60.0% as of December 2025. Working capital of RM77.89 Million (current assets of RM123.14 Million minus current liabilities of RM45.25 Million) is measured against net assets of RM129.78 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See debt-free asset ratio of CWG Holdings Bhd to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
CWG Holdings Bhd Working Capital to Net Assets (2012–2025)
This chart shows how CWG Holdings Bhd's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2012 to 2025. As of December 2025, the ratio stands at 60.0%, reflecting working capital of RM77.89 Million against net assets of RM129.78 Million MYR. Check 9423 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for CWG Holdings Bhd (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for CWG Holdings Bhd from 2012 to 2025, covering 14 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 CWG Holdings Bhd market cap and net worth.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 61.2% | RM77.46 Million | RM126.54 Million | RM117.88 Million | RM40.42 Million | ▼ -8.8 pp |
| 2024 | 70.0% | RM71.78 Million | RM102.54 Million | RM98.37 Million | RM26.58 Million | ▼ -2.3 pp |
| 2023 | 72.3% | RM75.63 Million | RM104.66 Million | RM93.43 Million | RM17.79 Million | ▲ +1.5 pp |
| 2022 | 70.8% | RM70.99 Million | RM100.24 Million | RM96.82 Million | RM25.83 Million | ▲ +7.4 pp |
| 2021 | 63.4% | RM52.88 Million | RM83.36 Million | RM66.18 Million | RM13.30 Million | ▼ -1.4 pp |
| 2020 | 64.8% | RM55.43 Million | RM85.55 Million | RM74.88 Million | RM19.45 Million | ▲ +1.8 pp |
| 2019 | 63.0% | RM53.57 Million | RM85.02 Million | RM70.24 Million | RM16.67 Million | ▲ +3.1 pp |
| 2018 | 59.9% | RM49.03 Million | RM81.81 Million | RM77.94 Million | RM28.91 Million | ▲ +14.6 pp |
| 2017 | 45.3% | RM25.41 Million | RM56.08 Million | RM60.72 Million | RM35.31 Million | ▲ +6.1 pp |
| 2016 | 39.2% | RM20.05 Million | RM51.11 Million | RM51.00 Million | RM30.95 Million | ▲ +1.5 pp |
| 2015 | 37.8% | RM17.00 Million | RM45.00 Million | RM48.00 Million | RM31.00 Million | ▲ +5.2 pp |
| 2014 | 32.6% | RM14.00 Million | RM43.00 Million | RM47.00 Million | RM33.00 Million | ▲ +8.7 pp |
| 2013 | 23.8% | RM10.00 Million | RM42.00 Million | RM42.00 Million | RM32.00 Million | ▲ +2.4 pp |
| 2012 | 21.4% | RM9.00 Million | RM42.00 Million | RM46.00 Million | RM37.00 Million | — |