Sumber Mas Konstruksi Tbk PT (SMKM) — Tangible Net Worth Ratio
Sumber Mas Konstruksi Tbk PT (SMKM) has a Tangible Net Worth Ratio of 99.8% as of June 2025. This metric is calculated by deducting intangible assets (Rp390.67 Million) from net assets (Rp207.12 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Sumber Mas Konstruksi Tbk PT (SMKM) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Sumber Mas Konstruksi Tbk PT Tangible Net Worth Ratio (2019–2024)
This chart shows how Sumber Mas Konstruksi Tbk PT's Tangible Net Worth Ratio has changed across 6 annual periods from 2019 to 2024. As of June 2025, the ratio stands at 99.8%, reflecting net assets of Rp207.12 Billion with intangible assets of Rp390.67 Million IDR. See operational self-sufficiency of Sumber Mas Konstruksi Tbk PT to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Sumber Mas Konstruksi Tbk PT (2019–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Sumber Mas Konstruksi Tbk PT from 2019 to 2024, covering 6 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see SMKM stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (IDR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 99.7% | Rp206.10 Billion | Rp520.83 Million | Rp210.96 Billion | ▼ 0.0 pp |
| 2023 | 99.8% | Rp204.26 Billion | Rp479.53 Million | Rp207.69 Billion | ▲ +0.0 pp |
| 2022 | 99.8% | Rp195.52 Billion | Rp479.96 Million | Rp204.10 Billion | ▼ -0.2 pp |
| 2021 | 100.0% | Rp122.75 Billion | Rp0.00 | Rp224.05 Billion | ▲ +0.0 pp |
| 2020 | 100.0% | Rp72.77 Billion | Rp0.00 | Rp76.21 Billion | ▲ +0.0 pp |
| 2019 | 100.0% | Rp10.59 Billion | Rp0.00 | Rp12.67 Billion | — |