More Provident Funds (MPP) — Working Capital to Net Assets Ratio

Latest as of June 2025: 27.9%

More Provident Funds (MPP) has a Working Capital to Net Assets ratio of 27.9% as of June 2025. Working capital of ILA65.11 Million (current assets of ILA164.50 Million minus current liabilities of ILA99.38 Million) is measured against net assets of ILA233.79 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See More Provident Funds balance sheet independence to measure how much of total assets are equity-financed.

WC/NA Ratio

27.9%
Working Capital / Net Assets

Working Capital

ILA65.11 Million
ILA

Current Assets

ILA164.50 Million
ILA

Current Liabilities

ILA99.38 Million
ILA

More Provident Funds Working Capital to Net Assets (2019–2024)

This chart shows how More Provident Funds's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2019 to 2024. As of June 2025, the ratio stands at 27.9%, reflecting working capital of ILA65.11 Million against net assets of ILA233.79 Million ILA. Check tangible net worth ratio of More Provident Funds to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for More Provident Funds (2019–2024)

The table below presents the year-by-year Working Capital to Net Assets ratio for More Provident Funds from 2019 to 2024, 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 live market cap and the full company profile, see More Provident Funds market cap and net worth.

Year WC/NA Ratio Working Capital (ILA) Net Assets Current Assets Current Liabilities Change (pp)
2024 -2.3% ILA-5.17 Million ILA222.14 Million ILA88.98 Million ILA94.15 Million ▼ -11.7 pp
2023 9.4% ILA22.06 Million ILA235.31 Million ILA90.77 Million ILA68.71 Million ▼ -26.5 pp
2022 35.8% ILA70.14 Million ILA195.71 Million ILA185.91 Million ILA115.77 Million ▼ -21.1 pp
2021 56.9% ILA26.07 Million ILA45.80 Million ILA101.75 Million ILA75.68 Million ▲ +236.0 pp
2020 -179.1% ILA-17.30 Million ILA9.66 Million ILA17.71 Million ILA35.01 Million ▼ -238.7 pp
2019 59.6% ILA5.66 Million ILA9.49 Million ILA8.61 Million ILA2.96 Million
pp = percentage points