Vale Indonesia Tbk (INCO) — Working Capital to Net Assets Ratio
Vale Indonesia Tbk (INCO) has a Working Capital to Net Assets ratio of 13.0% as of March 2026. Working capital of Rp367.39 Million (current assets of Rp693.14 Million minus current liabilities of Rp325.75 Million) is measured against net assets of Rp2.82 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Vale Indonesia 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
Vale Indonesia Tbk Working Capital to Net Assets (2005–2025)
This chart shows how Vale Indonesia 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 13.0%, reflecting working capital of Rp367.39 Million against net assets of Rp2.82 Billion IDR. For the complete balance sheet picture, see Vale Indonesia Tbk balance sheet assets.
Annual Working Capital to Net Assets for Vale Indonesia Tbk (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Vale Indonesia 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 Vale Indonesia Tbk liquidity resilience 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 | 13.9% | Rp387.30 Million | Rp2.78 Billion | Rp749.87 Million | Rp362.57 Million | ▼ -13.2 pp |
| 2024 | 27.1% | Rp741.30 Million | Rp2.73 Billion | Rp1.00 Billion | Rp263.47 Million | ▼ -4.7 pp |
| 2023 | 31.8% | Rp816.39 Million | Rp2.56 Billion | Rp1.03 Billion | Rp216.73 Million | ▼ -2.8 pp |
| 2022 | 34.6% | Rp814.76 Million | Rp2.35 Billion | Rp989.80 Million | Rp175.04 Million | ▲ +3.6 pp |
| 2021 | 31.0% | Rp668.15 Million | Rp2.15 Billion | Rp836.58 Million | Rp168.43 Million | ▲ +4.5 pp |
| 2020 | 26.5% | Rp535.26 Million | Rp2.02 Billion | Rp695.97 Million | Rp160.71 Million | ▲ +3.2 pp |
| 2019 | 23.3% | Rp451.76 Million | Rp1.94 Billion | Rp588.31 Million | Rp136.55 Million | ▼ -0.9 pp |
| 2018 | 24.2% | Rp455.66 Million | Rp1.88 Billion | Rp631.00 Million | Rp175.34 Million | ▼ -1.5 pp |
| 2017 | 25.7% | Rp467.76 Million | Rp1.82 Billion | Rp597.06 Million | Rp129.30 Million | ▲ +0.2 pp |
| 2016 | 25.5% | Rp467.17 Million | Rp1.83 Billion | Rp599.15 Million | Rp131.99 Million | ▲ +0.8 pp |
| 2015 | 24.6% | Rp451.46 Million | Rp1.83 Billion | Rp599.96 Million | Rp148.50 Million | ▲ +1.5 pp |
| 2014 | 23.1% | Rp413.04 Million | Rp1.79 Billion | Rp621.43 Million | Rp208.39 Million | ▲ +0.5 pp |
| 2013 | 22.7% | Rp388.60 Million | Rp1.71 Billion | Rp557.50 Million | Rp168.90 Million | ▼ -0.5 pp |
| 2012 | 23.2% | Rp399.23 Million | Rp1.72 Billion | Rp564.89 Million | Rp165.66 Million | ▼ -10.8 pp |
| 2011 | 34.0% | Rp601.70 Million | Rp1.77 Billion | Rp780.52 Million | Rp178.82 Million | ▲ +1.1 pp |
| 2010 | 33.0% | Rp553.60 Million | Rp1.68 Billion | Rp711.70 Million | Rp158.10 Million | ▼ -1.3 pp |
| 2009 | 34.3% | Rp542.27 Million | Rp1.58 Billion | Rp629.24 Million | Rp86.96 Million | ▲ +8.3 pp |
| 2008 | 26.0% | Rp395.71 Million | Rp1.52 Billion | Rp497.42 Million | Rp101.71 Million | ▼ -1.7 pp |
| 2007 | 27.7% | Rp384.75 Million | Rp1.39 Billion | Rp636.52 Million | Rp251.76 Million | ▼ -14.4 pp |
| 2006 | 42.1% | Rp708.46 Million | Rp1.68 Billion | Rp905.32 Million | Rp196.86 Million | ▲ +16.1 pp |
| 2005 | 26.0% | Rp332.83 Million | Rp1.28 Billion | Rp458.65 Million | Rp125.82 Million | — |