XL Axiata Tbk PT Working Capital to Net Assets Ratio
XL Axiata Tbk PT working capital to net assets ratio. XL Axiata Tbk PT (EXCL) has a Working Capital to Net Assets ratio of -47.3% as of September 2025. Working capital of Rp-15.13 Trillion (current assets of Rp11.66 Trillion minus current liabilities of Rp26.79 Trillion) is measured against net assets of Rp32.00 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of XL Axiata Tbk PT (2004–2024)
Working capital to net assets ratio of XL Axiata Tbk PT from 2004 to 2024. This chart shows how XL Axiata Tbk PT's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2004 to 2024. As of September 2025, the ratio stands at -47.3%, reflecting working capital of Rp-15.13 Trillion against net assets of Rp32.00 Trillion IDR. Explore XL Axiata Tbk PT (EXCL) long-term investment share to see how much of total assets are deployed in long-term investments.
XL Axiata Tbk PT Working Capital to Net Assets Ratio by Year (2004–2024)
XL Axiata Tbk PT working capital to net assets ratio by year from 2004 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for XL Axiata Tbk PT from 2004 to 2024, covering 21 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 the complete balance sheet picture, see EXCL total asset value.
| Year | WC/NA Ratio | Working Capital (IDR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -48.0% | Rp-12.58 Trillion | Rp26.22 Trillion | Rp8.44 Trillion | Rp21.02 Trillion | ▲ +1.0 pp |
| 2023 | -48.9% | Rp-12.97 Trillion | Rp26.50 Trillion | Rp7.17 Trillion | Rp20.14 Trillion | ▲ +12.9 pp |
| 2022 | -61.9% | Rp-15.94 Trillion | Rp25.77 Trillion | Rp10.41 Trillion | Rp26.35 Trillion | ▲ +4.0 pp |
| 2021 | -65.8% | Rp-13.22 Trillion | Rp20.09 Trillion | Rp7.73 Trillion | Rp20.95 Trillion | ▼ -6.8 pp |
| 2020 | -59.0% | Rp-11.29 Trillion | Rp19.14 Trillion | Rp7.57 Trillion | Rp18.86 Trillion | ▲ +15.0 pp |
| 2019 | -74.0% | Rp-14.15 Trillion | Rp19.12 Trillion | Rp7.15 Trillion | Rp21.29 Trillion | ▼ -26.7 pp |
| 2018 | -47.3% | Rp-8.67 Trillion | Rp18.34 Trillion | Rp7.06 Trillion | Rp15.73 Trillion | ▼ -10.1 pp |
| 2017 | -37.2% | Rp-8.05 Trillion | Rp21.63 Trillion | Rp7.18 Trillion | Rp15.23 Trillion | ▼ -1.0 pp |
| 2016 | -36.2% | Rp-7.67 Trillion | Rp21.21 Trillion | Rp6.81 Trillion | Rp14.48 Trillion | ▲ +3.6 pp |
| 2015 | -39.7% | Rp-5.60 Trillion | Rp14.09 Trillion | Rp10.15 Trillion | Rp15.75 Trillion | ▼ -24.8 pp |
| 2014 | -15.0% | Rp-2.09 Trillion | Rp13.96 Trillion | Rp13.31 Trillion | Rp15.40 Trillion | ▼ -1.3 pp |
| 2013 | -13.6% | Rp-2.09 Trillion | Rp15.30 Trillion | Rp5.84 Trillion | Rp7.93 Trillion | ▲ +19.4 pp |
| 2012 | -33.1% | Rp-5.08 Trillion | Rp15.37 Trillion | Rp3.66 Trillion | Rp8.74 Trillion | ▲ +5.9 pp |
| 2011 | -39.0% | Rp-5.34 Trillion | Rp13.69 Trillion | Rp3.39 Trillion | Rp8.73 Trillion | ▼ -19.1 pp |
| 2010 | -19.9% | Rp-2.34 Trillion | Rp11.72 Trillion | Rp2.23 Trillion | Rp4.56 Trillion | ▲ +25.5 pp |
| 2009 | -45.5% | Rp-4.00 Trillion | Rp8.80 Trillion | Rp2.01 Trillion | Rp6.01 Trillion | ▲ +12.0 pp |
| 2008 | -57.5% | Rp-2.48 Trillion | Rp4.31 Trillion | Rp3.72 Trillion | Rp6.20 Trillion | ▲ +70.2 pp |
| 2007 | -127.7% | Rp-5.70 Trillion | Rp4.46 Trillion | Rp1.68 Trillion | Rp7.38 Trillion | ▼ -100.6 pp |
| 2006 | -27.1% | Rp-1.16 Trillion | Rp4.28 Trillion | Rp1.18 Trillion | Rp2.34 Trillion | ▼ -3.1 pp |
| 2005 | -24.0% | Rp-869.60 Billion | Rp3.63 Trillion | Rp1.37 Trillion | Rp2.24 Trillion | ▼ -14.9 pp |
| 2004 | -9.1% | Rp-93.28 Billion | Rp1.03 Trillion | Rp802.78 Billion | Rp896.06 Billion | — |