Starbox Group Holdings Ltd. Ordinary Shares (STBX) — Working Capital to Net Assets Ratio

Latest as of December 2024: 9.4%

Starbox Group Holdings Ltd. Ordinary Shares (STBX) has a Working Capital to Net Assets ratio of 9.4% as of December 2024. Working capital of $10.25 Million (current assets of $13.32 Million minus current liabilities of $3.08 Million) is measured against net assets of $109.59 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Starbox Group Holdings Ltd. Ordinary Sha leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.

WC/NA Ratio

9.4%
Working Capital / Net Assets

Working Capital

$10.25 Million
USD

Current Assets

$13.32 Million
USD

Current Liabilities

$3.08 Million
USD

Starbox Group Holdings Ltd. Ordinary Shares Working Capital to Net Assets (2020–2024)

This chart shows how Starbox Group Holdings Ltd. Ordinary Shares's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2020 to 2024. As of December 2024, the ratio stands at 9.4%, reflecting working capital of $10.25 Million against net assets of $109.59 Million USD. See Starbox Group Holdings Ltd. Ordinary Sha defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Working Capital to Net Assets for Starbox Group Holdings Ltd. Ordinary Shares (2020–2024)

The table below presents the year-by-year Working Capital to Net Assets ratio for Starbox Group Holdings Ltd. Ordinary Shares from 2020 to 2024, covering 5 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 Starbox Group Holdings Ltd. Ordinary Sha market capitalisation.

Year WC/NA Ratio Working Capital (USD) Net Assets Current Assets Current Liabilities Change (pp)
2024 9.4% $10.25 Million $109.59 Million $13.32 Million $3.08 Million ▼ -8.3 pp
2023 17.6% $24.85 Million $141.06 Million $28.24 Million $3.39 Million ▼ -78.3 pp
2022 96.0% $22.11 Million $23.05 Million $24.08 Million $1.97 Million ▲ +2.7 pp
2021 93.3% $1.18 Million $1.26 Million $3.70 Million $2.52 Million ▼ -9.3 pp
2020 102.6% $-377.00K $-367.35K $654.25K $1.03 Million
pp = percentage points