Millennium Group International Holdings Limited Ordinary Shares Working Capital to Net Assets Ratio
Millennium Group International Holdings Limited Ordinary Shares working capital to net assets ratio. Millennium Group International Holdings Limited Ordinary Shares (MGIH) has a Working Capital to Net Assets ratio of 29.1% as of March 2026. Working capital of $6.39 Million (current assets of $16.85 Million minus current liabilities of $10.46 Million) is measured against net assets of $21.97 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check how tangible is Millennium Group International Holdings 's equity to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Millennium Group International Holdings Limited Ordinary Shares (2020–2025)
Working capital to net assets ratio of Millennium Group International Holdings Limited Ordinary Shares from 2020 to 2025. This chart shows how Millennium Group International Holdings Limited Ordinary Shares's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2020 to 2025. As of March 2026, the ratio stands at 29.1%, reflecting working capital of $6.39 Million against net assets of $21.97 Million USD. See defensive interval ratio of Millennium Group International Holdings to measure how many days the company can operate on defensive assets alone.
Millennium Group International Holdings Limited Ordinary Shares Working Capital to Net Assets Ratio by Year (2020–2025)
Millennium Group International Holdings Limited Ordinary Shares working capital to net assets ratio by year from 2020 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Millennium Group International Holdings Limited Ordinary Shares from 2020 to 2025, covering 6 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 the complete balance sheet picture, see MGIH asset base.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 38.8% | $9.66 Million | $24.91 Million | $20.81 Million | $11.15 Million | ▼ -11.6 pp |
| 2024 | 50.3% | $15.63 Million | $31.05 Million | $27.77 Million | $12.13 Million | ▼ -13.2 pp |
| 2023 | 63.5% | $25.36 Million | $39.92 Million | $44.45 Million | $19.09 Million | ▲ +7.4 pp |
| 2022 | 56.1% | $22.49 Million | $40.09 Million | $48.26 Million | $25.77 Million | ▲ +19.4 pp |
| 2021 | 36.7% | $11.20 Million | $30.50 Million | $52.48 Million | $41.28 Million | ▲ +25.5 pp |
| 2020 | 11.2% | $2.77 Million | $24.64 Million | $51.92 Million | $49.15 Million | — |