Inocycle Technology Tbk PT (INOV) — Working Capital to Net Assets Ratio
Inocycle Technology Tbk PT (INOV) has a Working Capital to Net Assets ratio of -104.9% as of June 2025. Working capital of Rp-308.74 Billion (current assets of Rp349.93 Billion minus current liabilities of Rp658.68 Billion) is measured against net assets of Rp294.19 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Inocycle Technology Tbk PT net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Inocycle Technology Tbk PT Working Capital to Net Assets (2016–2024)
This chart shows how Inocycle Technology Tbk PT's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2016 to 2024. As of June 2025, the ratio stands at -104.9%, reflecting working capital of Rp-308.74 Billion against net assets of Rp294.19 Billion IDR. Check Inocycle Technology Tbk PT tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Inocycle Technology Tbk PT (2016–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Inocycle Technology Tbk PT from 2016 to 2024, covering 9 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 market cap of Inocycle Technology Tbk PT.
| Year | WC/NA Ratio | Working Capital (IDR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -88.3% | Rp-276.37 Billion | Rp313.07 Billion | Rp409.01 Billion | Rp685.38 Billion | ▼ -3.5 pp |
| 2023 | -84.8% | Rp-224.59 Billion | Rp264.81 Billion | Rp449.54 Billion | Rp674.13 Billion | ▼ -31.3 pp |
| 2022 | -53.5% | Rp-156.90 Billion | Rp293.16 Billion | Rp437.01 Billion | Rp593.91 Billion | ▼ -33.7 pp |
| 2021 | -19.8% | Rp-66.34 Billion | Rp334.72 Billion | Rp360.30 Billion | Rp426.64 Billion | ▼ -17.6 pp |
| 2020 | -2.2% | Rp-6.88 Billion | Rp307.88 Billion | Rp370.08 Billion | Rp376.97 Billion | ▼ -26.5 pp |
| 2019 | 24.3% | Rp80.36 Billion | Rp331.17 Billion | Rp335.44 Billion | Rp255.08 Billion | ▲ +24.8 pp |
| 2018 | -0.6% | Rp-960.17 Million | Rp166.48 Billion | Rp234.52 Billion | Rp235.48 Billion | ▼ -43.6 pp |
| 2017 | 43.1% | Rp64.68 Billion | Rp150.19 Billion | Rp164.34 Billion | Rp99.66 Billion | ▲ +9.0 pp |
| 2016 | 34.0% | Rp45.88 Billion | Rp134.84 Billion | Rp137.52 Billion | Rp91.65 Billion | — |