Elnusa Tbk (ELSA) — Working Capital to Net Assets Ratio
Elnusa Tbk (ELSA) has a Working Capital to Net Assets ratio of 36.3% as of June 2025. Working capital of Rp1.80 Trillion (current assets of Rp7.11 Trillion minus current liabilities of Rp5.31 Trillion) is measured against net assets of Rp4.95 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. See ELSA cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Elnusa Tbk Working Capital to Net Assets (2007–2024)
This chart shows how Elnusa Tbk's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2007 to 2024. As of June 2025, the ratio stands at 36.3%, reflecting working capital of Rp1.80 Trillion against net assets of Rp4.95 Trillion IDR. For the complete balance sheet picture, see ELSA asset base.
Annual Working Capital to Net Assets for Elnusa Tbk (2007–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Elnusa Tbk from 2007 to 2024, covering 18 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 ELSA financial resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (IDR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 33.7% | Rp1.65 Trillion | Rp4.90 Trillion | Rp7.06 Trillion | Rp5.41 Trillion | ▼ -8.7 pp |
| 2023 | 42.4% | Rp1.87 Trillion | Rp4.42 Trillion | Rp6.11 Trillion | Rp4.23 Trillion | ▼ -0.2 pp |
| 2022 | 42.6% | Rp1.76 Trillion | Rp4.12 Trillion | Rp5.29 Trillion | Rp3.53 Trillion | ▼ -7.3 pp |
| 2021 | 49.9% | Rp1.89 Trillion | Rp3.78 Trillion | Rp4.45 Trillion | Rp2.56 Trillion | ▲ +6.0 pp |
| 2020 | 43.9% | Rp1.64 Trillion | Rp3.74 Trillion | Rp4.22 Trillion | Rp2.57 Trillion | ▲ +10.6 pp |
| 2019 | 33.4% | Rp1.19 Trillion | Rp3.58 Trillion | Rp3.70 Trillion | Rp2.50 Trillion | ▲ +1.8 pp |
| 2018 | 31.6% | Rp1.04 Trillion | Rp3.30 Trillion | Rp3.16 Trillion | Rp2.12 Trillion | ▲ +11.2 pp |
| 2017 | 20.4% | Rp621.68 Billion | Rp3.05 Trillion | Rp2.38 Trillion | Rp1.76 Trillion | ▼ -0.9 pp |
| 2016 | 21.2% | Rp610.93 Billion | Rp2.88 Trillion | Rp1.87 Trillion | Rp1.25 Trillion | ▼ -2.7 pp |
| 2015 | 23.9% | Rp630.73 Billion | Rp2.64 Trillion | Rp2.08 Trillion | Rp1.45 Trillion | ▼ -9.3 pp |
| 2014 | 33.2% | Rp858.36 Billion | Rp2.58 Trillion | Rp2.24 Trillion | Rp1.38 Trillion | ▼ -7.6 pp |
| 2013 | 40.8% | Rp932.02 Billion | Rp2.29 Trillion | Rp2.49 Trillion | Rp1.56 Trillion | ▲ +10.2 pp |
| 2012 | 30.6% | Rp623.91 Billion | Rp2.04 Trillion | Rp2.31 Trillion | Rp1.69 Trillion | ▲ +4.9 pp |
| 2011 | 25.7% | Rp488.79 Billion | Rp1.90 Trillion | Rp2.48 Trillion | Rp1.99 Trillion | ▼ -13.8 pp |
| 2010 | 39.4% | Rp768.70 Billion | Rp1.95 Trillion | Rp2.04 Trillion | Rp1.27 Trillion | ▼ -6.7 pp |
| 2009 | 46.1% | Rp886.84 Billion | Rp1.92 Trillion | Rp2.55 Trillion | Rp1.66 Trillion | ▲ +18.0 pp |
| 2008 | 28.1% | Rp458.18 Billion | Rp1.63 Trillion | Rp1.62 Trillion | Rp1.16 Trillion | ▲ +20.1 pp |
| 2007 | 7.9% | Rp76.40 Billion | Rp964.14 Billion | Rp994.49 Billion | Rp918.10 Billion | — |