Smartfren Telecom Tbk (FREN) — 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. See Smartfren Telecom Tbk defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Smartfren Telecom Tbk Working Capital to Net Assets (2008–2024)
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. For the complete balance sheet picture, see how large is Smartfren Telecom Tbk's balance sheet.
Annual Working Capital to Net Assets for Smartfren Telecom Tbk (2008–2024)
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. Check FREN cash and 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) |
|---|---|---|---|---|---|---|
| 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 | — |