Primega Group Holdings Limited Ordinary Shares (PGHL) — Working Capital to Net Assets Ratio
Primega Group Holdings Limited Ordinary Shares (PGHL) has a Working Capital to Net Assets ratio of 52.5% as of June 2024. Working capital of $2.25 Million (current assets of $7.77 Million minus current liabilities of $5.52 Million) is measured against net assets of $4.29 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Primega Group Holdings Limited Ordinary balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Primega Group Holdings Limited Ordinary Shares Working Capital to Net Assets (2021–2024)
This chart shows how Primega Group Holdings Limited Ordinary Shares's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2021 to 2024. As of June 2024, the ratio stands at 52.5%, reflecting working capital of $2.25 Million against net assets of $4.29 Million USD. Check how tangible is Primega Group Holdings Limited Ordinary 's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Primega Group Holdings Limited Ordinary Shares (2021–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Primega Group Holdings Limited Ordinary Shares from 2021 to 2024, covering 4 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 Primega Group Holdings Limited Ordinary (PGHL) market capitalisation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 52.5% | $2.25 Million | $4.29 Million | $7.77 Million | $5.52 Million | ▲ +2.0 pp |
| 2023 | 50.5% | $1.62 Million | $3.20 Million | $6.88 Million | $5.27 Million | ▲ +57.5 pp |
| 2022 | -7.0% | $-142.44K | $2.03 Million | $3.21 Million | $3.35 Million | ▲ +1426.5 pp |
| 2021 | -1433.5% | $-539.65K | $37.65K | $977.00K | $1.52 Million | — |