Sycal Ventures Bhd (9717) — Working Capital to Net Assets Ratio
Sycal Ventures Bhd (9717) has a Working Capital to Net Assets ratio of 80.6% as of September 2025. Working capital of RM228.09 Million (current assets of RM387.73 Million minus current liabilities of RM159.63 Million) is measured against net assets of RM282.97 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 9717 equity financing ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Sycal Ventures Bhd Working Capital to Net Assets (2012–2024)
This chart shows how Sycal Ventures Bhd's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 80.6%, reflecting working capital of RM228.09 Million against net assets of RM282.97 Million MYR. Check tangible equity quality of Sycal Ventures Bhd to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Sycal Ventures Bhd (2012–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Sycal Ventures Bhd from 2012 to 2024, covering 13 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 Sycal Ventures Bhd market cap and net worth.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 81.0% | RM229.12 Million | RM282.86 Million | RM389.82 Million | RM160.70 Million | ▼ -8.8 pp |
| 2023 | 89.8% | RM252.99 Million | RM281.68 Million | RM423.95 Million | RM170.96 Million | ▲ +10.8 pp |
| 2022 | 79.0% | RM221.04 Million | RM279.90 Million | RM364.16 Million | RM143.12 Million | ▼ -1.5 pp |
| 2021 | 80.5% | RM224.31 Million | RM278.72 Million | RM370.81 Million | RM146.50 Million | ▲ +39.9 pp |
| 2020 | 40.6% | RM112.70 Million | RM277.83 Million | RM282.97 Million | RM170.27 Million | ▼ -30.8 pp |
| 2019 | 71.3% | RM198.50 Million | RM278.28 Million | RM361.45 Million | RM162.95 Million | ▼ -4.2 pp |
| 2018 | 75.5% | RM205.86 Million | RM272.69 Million | RM336.23 Million | RM130.37 Million | ▼ -28.5 pp |
| 2017 | 104.0% | RM263.37 Million | RM253.20 Million | RM462.06 Million | RM198.69 Million | ▲ +6.3 pp |
| 2016 | 97.8% | RM237.83 Million | RM243.28 Million | RM474.35 Million | RM236.52 Million | ▲ +10.1 pp |
| 2015 | 87.7% | RM208.88 Million | RM238.20 Million | RM434.73 Million | RM225.85 Million | ▼ -10.1 pp |
| 2014 | 97.8% | RM220.00 Million | RM225.00 Million | RM444.00 Million | RM224.00 Million | ▲ +36.2 pp |
| 2013 | 61.6% | RM117.00 Million | RM190.00 Million | RM328.00 Million | RM211.00 Million | ▲ +26.1 pp |
| 2012 | 35.5% | RM61.00 Million | RM172.00 Million | RM193.00 Million | RM132.00 Million | — |