Smartfren Telecom Tbk Working Capital to Net Assets Ratio
Smartfren Telecom Tbk working capital to net assets ratio. Smartfren Telecom Tbk (FREN) has a Working Capital to Net Assets ratio of -8.1% as of December 2024. Working capital of Rp-1.73 Trillion (current assets of Rp4.36 Trillion minus current liabilities of Rp6.09 Trillion) is measured against net assets of Rp21.45 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 Smartfren Telecom Tbk (2008–2024)
Working capital to net assets ratio of Smartfren Telecom Tbk from 2008 to 2024. This chart shows how Smartfren Telecom Tbk's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2008 to 2024. As of December 2024, the ratio stands at -8.1%, reflecting working capital of Rp-1.73 Trillion against net assets of Rp21.45 Trillion IDR. See FREN cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Smartfren Telecom Tbk Working Capital to Net Assets Ratio by Year (2008–2024)
Smartfren Telecom Tbk working capital to net assets ratio by year from 2008 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Smartfren Telecom Tbk from 2008 to 2024, covering 17 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 Smartfren Telecom Tbk balance sheet assets.
| Year | WC/NA Ratio | Working Capital (IDR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -8.1% | Rp-1.73 Trillion | Rp21.45 Trillion | Rp4.36 Trillion | Rp6.09 Trillion | ▲ +6.5 pp |
| 2023 | -14.6% | Rp-2.28 Trillion | Rp15.67 Trillion | Rp4.34 Trillion | Rp6.62 Trillion | ▲ +25.4 pp |
| 2022 | -39.9% | Rp-6.29 Trillion | Rp15.76 Trillion | Rp2.36 Trillion | Rp8.66 Trillion | ▲ +17.6 pp |
| 2021 | -57.5% | Rp-7.28 Trillion | Rp12.65 Trillion | Rp2.32 Trillion | Rp9.60 Trillion | ▼ -10.9 pp |
| 2020 | -46.7% | Rp-5.77 Trillion | Rp12.37 Trillion | Rp2.65 Trillion | Rp8.42 Trillion | ▼ -12.6 pp |
| 2019 | -34.1% | Rp-4.35 Trillion | Rp12.74 Trillion | Rp1.77 Trillion | Rp6.12 Trillion | ▼ -1.0 pp |
| 2018 | -33.1% | Rp-4.13 Trillion | Rp12.45 Trillion | Rp1.99 Trillion | Rp6.11 Trillion | ▲ +8.4 pp |
| 2017 | -41.5% | Rp-3.84 Trillion | Rp9.24 Trillion | Rp2.57 Trillion | Rp6.41 Trillion | ▲ +6.3 pp |
| 2016 | -47.8% | Rp-2.81 Trillion | Rp5.87 Trillion | Rp2.32 Trillion | Rp5.12 Trillion | ▼ -19.3 pp |
| 2015 | -28.5% | Rp-1.95 Trillion | Rp6.85 Trillion | Rp2.21 Trillion | Rp4.16 Trillion | ▲ +85.1 pp |
| 2014 | -113.6% | Rp-4.50 Trillion | Rp3.96 Trillion | Rp2.02 Trillion | Rp6.52 Trillion | ▲ +2.0 pp |
| 2013 | -115.6% | Rp-3.53 Trillion | Rp3.05 Trillion | Rp2.01 Trillion | Rp5.54 Trillion | ▼ -71.9 pp |
| 2012 | -43.7% | Rp-2.18 Trillion | Rp4.98 Trillion | Rp852.99 Billion | Rp3.03 Trillion | ▲ +26.8 pp |
| 2011 | -70.5% | Rp-2.31 Trillion | Rp3.27 Trillion | Rp794.53 Billion | Rp3.10 Trillion | ▼ -1433.6 pp |
| 2010 | 1363.1% | Rp-1.63 Trillion | Rp-119.48 Billion | Rp446.53 Billion | Rp2.08 Trillion | ▲ +1455.2 pp |
| 2009 | -92.1% | Rp-730.04 Billion | Rp792.53 Billion | Rp539.17 Billion | Rp1.27 Trillion | ▼ -40.1 pp |
| 2008 | -52.0% | Rp-378.19 Billion | Rp727.32 Billion | Rp707.99 Billion | Rp1.09 Trillion | — |