Ideal United Bintang Bhd (9687) — Working Capital to Net Assets Ratio
Ideal United Bintang Bhd (9687) has a Working Capital to Net Assets ratio of 116.1% as of June 2026. Working capital of RM1.19 Billion (current assets of RM1.65 Billion minus current liabilities of RM458.35 Million) is measured against net assets of RM1.03 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can Ideal United Bintang Bhd fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ideal United Bintang Bhd Working Capital to Net Assets (2012–2025)
This chart shows how Ideal United Bintang Bhd's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2012 to 2025. As of June 2026, the ratio stands at 116.1%, reflecting working capital of RM1.19 Billion against net assets of RM1.03 Billion MYR. For the complete balance sheet picture, see 9687 current and non-current assets.
Annual Working Capital to Net Assets for Ideal United Bintang Bhd (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ideal United Bintang 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. Check 9687 financial resilience 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 | 115.9% | RM1.14 Billion | RM983.03 Million | RM1.76 Billion | RM624.51 Million | ▲ +11.6 pp |
| 2024 | 104.3% | RM826.19 Million | RM792.11 Million | RM1.46 Billion | RM630.10 Million | ▼ -1.6 pp |
| 2023 | 105.9% | RM742.73 Million | RM701.47 Million | RM1.35 Billion | RM604.84 Million | ▲ +32.1 pp |
| 2022 | 73.7% | RM514.53 Million | RM697.83 Million | RM823.61 Million | RM309.08 Million | ▲ +19.7 pp |
| 2021 | 54.0% | RM331.92 Million | RM614.67 Million | RM763.28 Million | RM431.35 Million | ▲ +1.5 pp |
| 2020 | 52.5% | RM290.62 Million | RM553.85 Million | RM685.82 Million | RM395.19 Million | ▼ -20.4 pp |
| 2019 | 72.8% | RM447.48 Million | RM614.37 Million | RM887.26 Million | RM439.78 Million | ▼ -102.0 pp |
| 2018 | 174.8% | RM362.04 Million | RM207.07 Million | RM631.70 Million | RM269.66 Million | ▲ +79.5 pp |
| 2017 | 95.3% | RM116.17 Million | RM121.87 Million | RM305.60 Million | RM189.43 Million | ▲ +1.7 pp |
| 2016 | 93.6% | RM81.40 Million | RM86.96 Million | RM217.41 Million | RM136.01 Million | ▲ +2.2 pp |
| 2015 | 91.4% | RM64.00 Million | RM70.00 Million | RM113.00 Million | RM49.00 Million | ▲ +7.6 pp |
| 2014 | 83.9% | RM26.00 Million | RM31.00 Million | RM27.00 Million | RM1.00 Million | ▲ +17.2 pp |
| 2013 | 66.7% | RM12.00 Million | RM18.00 Million | RM24.00 Million | RM12.00 Million | ▼ -13.3 pp |
| 2012 | 80.0% | RM16.00 Million | RM20.00 Million | RM36.00 Million | RM20.00 Million | — |