Gudang Garam Tbk (GGRM) — Working Capital to Net Assets Ratio
Gudang Garam Tbk (GGRM) has a Working Capital to Net Assets ratio of 48.0% as of March 2026. Working capital of Rp30.79 Trillion (current assets of Rp41.53 Trillion minus current liabilities of Rp10.75 Trillion) is measured against net assets of Rp64.11 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. See GGRM net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Gudang Garam Tbk Working Capital to Net Assets (2005–2025)
This chart shows how Gudang Garam Tbk's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of March 2026, the ratio stands at 48.0%, reflecting working capital of Rp30.79 Trillion against net assets of Rp64.11 Trillion IDR. Check Gudang Garam Tbk (GGRM) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Gudang Garam Tbk (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Gudang Garam Tbk from 2005 to 2025, 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 live market cap and the full company profile, see GGRM stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (IDR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 45.9% | Rp28.71 Trillion | Rp62.57 Trillion | Rp39.44 Trillion | Rp10.72 Trillion | ▲ +2.7 pp |
| 2024 | 43.2% | Rp26.77 Trillion | Rp61.92 Trillion | Rp47.59 Trillion | Rp20.82 Trillion | ▲ +2.8 pp |
| 2023 | 40.4% | Rp24.58 Trillion | Rp60.86 Trillion | Rp54.12 Trillion | Rp29.54 Trillion | ▼ -5.1 pp |
| 2022 | 45.5% | Rp26.32 Trillion | Rp57.86 Trillion | Rp55.45 Trillion | Rp29.13 Trillion | ▼ -6.7 pp |
| 2021 | 52.2% | Rp30.94 Trillion | Rp59.29 Trillion | Rp59.31 Trillion | Rp28.37 Trillion | ▼ -3.4 pp |
| 2020 | 55.6% | Rp32.53 Trillion | Rp58.52 Trillion | Rp49.54 Trillion | Rp17.01 Trillion | ▲ +2.9 pp |
| 2019 | 52.7% | Rp26.82 Trillion | Rp50.93 Trillion | Rp52.08 Trillion | Rp25.26 Trillion | ▲ +1.1 pp |
| 2018 | 51.6% | Rp23.28 Trillion | Rp45.13 Trillion | Rp45.28 Trillion | Rp22.00 Trillion | ▲ +1.4 pp |
| 2017 | 50.1% | Rp21.15 Trillion | Rp42.19 Trillion | Rp43.76 Trillion | Rp22.61 Trillion | ▼ -1.2 pp |
| 2016 | 51.3% | Rp20.29 Trillion | Rp39.56 Trillion | Rp41.93 Trillion | Rp21.64 Trillion | ▲ +2.6 pp |
| 2015 | 48.7% | Rp18.52 Trillion | Rp38.01 Trillion | Rp42.57 Trillion | Rp24.05 Trillion | ▲ +4.3 pp |
| 2014 | 44.4% | Rp14.75 Trillion | Rp33.23 Trillion | Rp38.53 Trillion | Rp23.78 Trillion | ▼ -4.9 pp |
| 2013 | 49.3% | Rp14.51 Trillion | Rp29.42 Trillion | Rp34.60 Trillion | Rp20.09 Trillion | ▼ -11.4 pp |
| 2012 | 60.7% | Rp16.15 Trillion | Rp26.61 Trillion | Rp29.95 Trillion | Rp13.80 Trillion | ▼ -7.9 pp |
| 2011 | 68.6% | Rp16.85 Trillion | Rp24.55 Trillion | Rp30.38 Trillion | Rp13.53 Trillion | ▲ +1.0 pp |
| 2010 | 67.7% | Rp14.43 Trillion | Rp21.32 Trillion | Rp22.91 Trillion | Rp8.48 Trillion | ▲ +4.4 pp |
| 2009 | 63.2% | Rp11.62 Trillion | Rp18.38 Trillion | Rp19.58 Trillion | Rp7.96 Trillion | ▲ +3.1 pp |
| 2008 | 60.2% | Rp9.34 Trillion | Rp15.52 Trillion | Rp17.01 Trillion | Rp7.67 Trillion | ▲ +1.2 pp |
| 2007 | 59.0% | Rp8.34 Trillion | Rp14.14 Trillion | Rp17.26 Trillion | Rp8.92 Trillion | ▲ +6.2 pp |
| 2006 | 52.8% | Rp6.96 Trillion | Rp13.17 Trillion | Rp14.82 Trillion | Rp7.86 Trillion | ▲ +5.4 pp |
| 2005 | 47.4% | Rp6.22 Trillion | Rp13.13 Trillion | Rp14.71 Trillion | Rp8.49 Trillion | — |