Sinmah Capital Bhd (9776) — Working Capital to Net Assets Ratio
Sinmah Capital Bhd (9776) has a Working Capital to Net Assets ratio of 50.1% as of September 2025. Working capital of RM23.72 Million (current assets of RM45.74 Million minus current liabilities of RM22.02 Million) is measured against net assets of RM47.36 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of Sinmah Capital Bhd to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Sinmah Capital Bhd Working Capital to Net Assets (2012–2024)
This chart shows how Sinmah Capital 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 50.1%, reflecting working capital of RM23.72 Million against net assets of RM47.36 Million MYR. Check tangible net worth ratio of Sinmah Capital Bhd to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Sinmah Capital Bhd (2012–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Sinmah Capital 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 9776 stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 49.3% | RM23.25 Million | RM47.11 Million | RM53.67 Million | RM30.43 Million | ▼ -29.7 pp |
| 2023 | 79.0% | RM67.57 Million | RM85.53 Million | RM83.00 Million | RM15.43 Million | ▼ -11.9 pp |
| 2022 | 90.9% | RM90.23 Million | RM99.22 Million | RM107.23 Million | RM17.00 Million | ▲ +5.9 pp |
| 2021 | 85.0% | RM88.48 Million | RM104.08 Million | RM160.13 Million | RM71.65 Million | ▼ -19.0 pp |
| 2020 | 104.1% | RM87.06 Million | RM83.67 Million | RM147.06 Million | RM60.01 Million | ▼ -10.2 pp |
| 2019 | 114.2% | RM109.34 Million | RM95.70 Million | RM180.23 Million | RM70.90 Million | ▲ +23.1 pp |
| 2018 | 91.1% | RM87.97 Million | RM96.55 Million | RM129.11 Million | RM41.15 Million | ▼ -12.9 pp |
| 2017 | 104.0% | RM113.77 Million | RM109.40 Million | RM260.05 Million | RM146.27 Million | ▲ +45.0 pp |
| 2016 | 59.0% | RM55.82 Million | RM94.65 Million | RM285.87 Million | RM230.05 Million | ▲ +13.3 pp |
| 2015 | 45.7% | RM37.00 Million | RM81.00 Million | RM281.00 Million | RM244.00 Million | ▲ +8.7 pp |
| 2014 | 37.0% | RM37.00 Million | RM100.00 Million | RM272.00 Million | RM235.00 Million | ▲ +6.7 pp |
| 2013 | 30.3% | RM30.00 Million | RM99.00 Million | RM275.00 Million | RM245.00 Million | ▲ +28.0 pp |
| 2012 | 2.3% | RM2.00 Million | RM88.00 Million | RM253.00 Million | RM251.00 Million | — |