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 122.3% as of December 2025. Working capital of RM1.21 Billion (current assets of RM1.96 Billion minus current liabilities of RM751.84 Million) is measured against net assets of RM987.52 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 9687 equity to assets ratio to measure how much of total assets are equity-financed.
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 December 2025, the ratio stands at 122.3%, reflecting working capital of RM1.21 Billion against net assets of RM987.52 Million MYR. Check Ideal United Bintang Bhd (9687) tangible equity ratio to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company profile, see 9687 company net worth.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 122.3% | RM1.21 Billion | RM987.52 Million | RM1.96 Billion | RM751.84 Million | ▲ +18.6 pp |
| 2024 | 103.7% | RM821.32 Million | RM792.11 Million | RM1.45 Billion | RM630.10 Million | ▼ -2.2 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 | — |