Formosa Ingredient Factory PT Tbk (BOBA) — Working Capital to Net Assets Ratio
Formosa Ingredient Factory PT Tbk (BOBA) has a Working Capital to Net Assets ratio of 22.7% as of March 2026. Working capital of Rp39.54 Billion (current assets of Rp63.35 Billion minus current liabilities of Rp23.81 Billion) is measured against net assets of Rp174.20 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Formosa Ingredient Factory PT Tbk balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Formosa Ingredient Factory PT Tbk Working Capital to Net Assets (2018–2025)
This chart shows how Formosa Ingredient Factory PT Tbk's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2018 to 2025. As of March 2026, the ratio stands at 22.7%, reflecting working capital of Rp39.54 Billion against net assets of Rp174.20 Billion IDR. Check Formosa Ingredient Factory PT Tbk tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Formosa Ingredient Factory PT Tbk (2018–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Formosa Ingredient Factory PT Tbk from 2018 to 2025, covering 8 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 Formosa Ingredient Factory PT Tbk market cap and net worth.
| Year | WC/NA Ratio | Working Capital (IDR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 21.0% | Rp35.23 Billion | Rp167.54 Billion | Rp48.81 Billion | Rp13.58 Billion | ▼ -5.8 pp |
| 2024 | 26.8% | Rp42.58 Billion | Rp158.97 Billion | Rp65.52 Billion | Rp22.94 Billion | ▲ +3.7 pp |
| 2023 | 23.1% | Rp34.92 Billion | Rp151.05 Billion | Rp58.44 Billion | Rp23.53 Billion | ▲ +4.8 pp |
| 2022 | 18.4% | Rp25.40 Billion | Rp138.36 Billion | Rp50.10 Billion | Rp24.70 Billion | ▼ -18.8 pp |
| 2021 | 37.1% | Rp50.13 Billion | Rp135.08 Billion | Rp58.22 Billion | Rp8.09 Billion | ▲ +44.6 pp |
| 2020 | -7.5% | Rp-2.72 Billion | Rp36.39 Billion | Rp16.99 Billion | Rp19.70 Billion | ▼ -45.7 pp |
| 2019 | 38.2% | Rp6.74 Billion | Rp17.64 Billion | Rp17.61 Billion | Rp10.87 Billion | ▼ -938.6 pp |
| 2018 | 976.8% | Rp1.28 Billion | Rp130.90 Million | Rp2.13 Billion | Rp852.90 Million | — |