Jasa Marga Tbk (JSMR) — Working Capital to Net Assets Ratio
Jasa Marga Tbk (JSMR) has a Working Capital to Net Assets ratio of -9.9% as of March 2026. Working capital of Rp-6.28 Trillion (current assets of Rp8.68 Trillion minus current liabilities of Rp14.96 Trillion) is measured against net assets of Rp63.46 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. See JSMR financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Jasa Marga Tbk Working Capital to Net Assets (2005–2025)
This chart shows how Jasa Marga 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 -9.9%, reflecting working capital of Rp-6.28 Trillion against net assets of Rp63.46 Trillion IDR. See JSMR defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Jasa Marga Tbk (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Jasa Marga 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 how much is Jasa Marga Tbk worth.
| Year | WC/NA Ratio | Working Capital (IDR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -10.8% | Rp-6.73 Trillion | Rp62.36 Trillion | Rp9.27 Trillion | Rp16.00 Trillion | ▲ +12.7 pp |
| 2024 | -23.5% | Rp-13.51 Trillion | Rp57.54 Trillion | Rp6.85 Trillion | Rp20.36 Trillion | ▲ +14.7 pp |
| 2023 | -38.2% | Rp-14.85 Trillion | Rp38.91 Trillion | Rp7.97 Trillion | Rp22.82 Trillion | ▼ -39.5 pp |
| 2022 | 1.3% | Rp344.22 Billion | Rp25.62 Trillion | Rp12.49 Trillion | Rp12.14 Trillion | ▲ +7.8 pp |
| 2021 | -6.5% | Rp-1.65 Trillion | Rp25.50 Trillion | Rp10.36 Trillion | Rp12.01 Trillion | ▲ +10.6 pp |
| 2020 | -17.0% | Rp-4.22 Trillion | Rp24.78 Trillion | Rp10.71 Trillion | Rp14.93 Trillion | ▲ +112.0 pp |
| 2019 | -129.0% | Rp-29.91 Trillion | Rp23.19 Trillion | Rp11.61 Trillion | Rp41.53 Trillion | ▼ -33.6 pp |
| 2018 | -95.4% | Rp-19.27 Trillion | Rp20.20 Trillion | Rp11.81 Trillion | Rp31.08 Trillion | ▼ -62.6 pp |
| 2017 | -32.7% | Rp-6.01 Trillion | Rp18.36 Trillion | Rp18.99 Trillion | Rp25.00 Trillion | ▲ +1.9 pp |
| 2016 | -34.6% | Rp-5.66 Trillion | Rp16.34 Trillion | Rp12.97 Trillion | Rp18.63 Trillion | ▼ -2.2 pp |
| 2015 | -32.5% | Rp-4.01 Trillion | Rp12.37 Trillion | Rp3.73 Trillion | Rp7.74 Trillion | ▼ -26.6 pp |
| 2014 | -5.9% | Rp-671.55 Billion | Rp11.42 Trillion | Rp3.64 Trillion | Rp4.31 Trillion | ▲ +4.9 pp |
| 2013 | -10.8% | Rp-1.17 Trillion | Rp10.87 Trillion | Rp3.75 Trillion | Rp4.92 Trillion | ▲ +10.8 pp |
| 2012 | -21.6% | Rp-2.12 Trillion | Rp9.79 Trillion | Rp4.53 Trillion | Rp6.65 Trillion | ▼ -24.1 pp |
| 2011 | 2.5% | Rp228.14 Billion | Rp9.24 Trillion | Rp4.00 Trillion | Rp3.77 Trillion | ▼ -16.8 pp |
| 2010 | 19.3% | Rp1.61 Trillion | Rp8.36 Trillion | Rp4.09 Trillion | Rp2.48 Trillion | ▲ +13.3 pp |
| 2009 | 6.0% | Rp463.98 Billion | Rp7.75 Trillion | Rp3.43 Trillion | Rp2.97 Trillion | ▼ -32.8 pp |
| 2008 | 38.8% | Rp2.67 Trillion | Rp6.88 Trillion | Rp3.91 Trillion | Rp1.24 Trillion | ▼ -5.5 pp |
| 2007 | 44.3% | Rp2.75 Trillion | Rp6.21 Trillion | Rp4.08 Trillion | Rp1.33 Trillion | ▲ +66.5 pp |
| 2006 | -22.2% | Rp-529.60 Billion | Rp2.39 Trillion | Rp824.00 Billion | Rp1.35 Trillion | ▲ +25.1 pp |
| 2005 | -47.3% | Rp-937.41 Billion | Rp1.98 Trillion | Rp456.41 Billion | Rp1.39 Trillion | — |