Leader Steel Holdings Bhd (9881) — Working Capital to Net Assets Ratio
Leader Steel Holdings Bhd (9881) has a Working Capital to Net Assets ratio of 12.5% as of September 2025. Working capital of RM42.33 Million (current assets of RM94.79 Million minus current liabilities of RM52.47 Million) is measured against net assets of RM339.25 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Leader Steel Holdings Bhd net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Leader Steel Holdings Bhd Working Capital to Net Assets (2012–2024)
This chart shows how Leader Steel Holdings 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 12.5%, reflecting working capital of RM42.33 Million against net assets of RM339.25 Million MYR. Check 9881 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Leader Steel Holdings Bhd (2012–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Leader Steel Holdings 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 9881 stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 15.0% | RM51.70 Million | RM343.60 Million | RM116.84 Million | RM65.13 Million | ▲ +12.8 pp |
| 2023 | 2.3% | RM7.75 Million | RM344.40 Million | RM96.36 Million | RM88.61 Million | ▼ -21.7 pp |
| 2022 | 24.0% | RM45.65 Million | RM190.37 Million | RM124.55 Million | RM78.90 Million | ▼ -1.6 pp |
| 2021 | 25.5% | RM47.46 Million | RM185.89 Million | RM156.94 Million | RM109.49 Million | ▲ +11.5 pp |
| 2020 | 14.0% | RM22.65 Million | RM161.96 Million | RM100.82 Million | RM78.17 Million | ▲ +8.1 pp |
| 2019 | 5.9% | RM9.01 Million | RM152.71 Million | RM116.79 Million | RM107.78 Million | ▲ +5.0 pp |
| 2018 | 0.9% | RM1.33 Million | RM143.50 Million | RM131.02 Million | RM129.69 Million | ▲ +0.3 pp |
| 2017 | 0.7% | RM932.72K | RM140.60 Million | RM109.50 Million | RM108.56 Million | ▲ +0.1 pp |
| 2016 | 0.5% | RM706.40K | RM131.87 Million | RM93.77 Million | RM93.06 Million | ▲ +9.6 pp |
| 2015 | -9.0% | RM-11.00 Million | RM122.00 Million | RM95.00 Million | RM106.00 Million | ▼ -5.7 pp |
| 2014 | -3.3% | RM-4.00 Million | RM121.00 Million | RM106.00 Million | RM110.00 Million | ▼ -11.9 pp |
| 2013 | 8.6% | RM10.00 Million | RM116.00 Million | RM127.00 Million | RM117.00 Million | ▲ +4.3 pp |
| 2012 | 4.3% | RM5.00 Million | RM116.00 Million | RM136.00 Million | RM131.00 Million | — |