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 BOBA days of operational coverage to measure how many days the company can operate on defensive assets alone.
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. For the complete balance sheet picture, see Formosa Ingredient Factory PT Tbk balance sheet assets.
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. Check Formosa Ingredient Factory PT Tbk liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| 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 | — |