Gudang Garam Tbk (GGRM) — Working Capital to Net Assets Ratio
Gudang Garam Tbk (GGRM) has a Working Capital to Net Assets ratio of 48.6% as of June 2026. Working capital of Rp31.12 Trillion (current assets of Rp42.90 Trillion minus current liabilities of Rp11.77 Trillion) is measured against net assets of Rp64.01 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Gudang Garam Tbk (GGRM) liquidity interval to measure how many days the company can operate on defensive assets alone.
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 June 2026, the ratio stands at 48.6%, reflecting working capital of Rp31.12 Trillion against net assets of Rp64.01 Trillion IDR. For the complete balance sheet picture, see GGRM asset 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. Check GGRM 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) |
|---|---|---|---|---|---|---|
| 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 | — |