Krakatau Steel Persero Tbk (KRAS) — Working Capital to Net Assets Ratio
Krakatau Steel Persero Tbk (KRAS) has a Working Capital to Net Assets ratio of -24.2% as of March 2026. Working capital of Rp-180.62 Million (current assets of Rp710.93 Million minus current liabilities of Rp891.55 Million) is measured against net assets of Rp745.67 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See KRAS equity financing ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Krakatau Steel Persero Tbk Working Capital to Net Assets (2007–2025)
This chart shows how Krakatau Steel Persero Tbk's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2007 to 2025. As of March 2026, the ratio stands at -24.2%, reflecting working capital of Rp-180.62 Million against net assets of Rp745.67 Million IDR. Check Krakatau Steel Persero Tbk tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Krakatau Steel Persero Tbk (2007–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Krakatau Steel Persero Tbk from 2007 to 2025, covering 19 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 KRAS market cap.
| Year | WC/NA Ratio | Working Capital (IDR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -29.6% | Rp-214.77 Million | Rp725.87 Million | Rp586.16 Million | Rp800.93 Million | ▲ +331.9 pp |
| 2024 | -361.5% | Rp-1.57 Billion | Rp435.18 Million | Rp641.54 Million | Rp2.21 Billion | ▼ -61.5 pp |
| 2023 | -300.0% | Rp-1.49 Billion | Rp496.80 Million | Rp671.35 Million | Rp2.16 Billion | ▼ -59.9 pp |
| 2022 | -240.2% | Rp-1.33 Billion | Rp552.59 Million | Rp1.07 Billion | Rp2.40 Billion | ▼ -141.8 pp |
| 2021 | -98.4% | Rp-513.70 Million | Rp522.10 Million | Rp973.08 Million | Rp1.49 Billion | ▼ -100.1 pp |
| 2020 | 1.7% | Rp7.85 Million | Rp448.72 Million | Rp835.34 Million | Rp827.50 Million | ▲ +508.1 pp |
| 2019 | -506.4% | Rp-1.80 Billion | Rp356.01 Million | Rp690.61 Million | Rp2.49 Billion | ▼ -472.6 pp |
| 2018 | -33.8% | Rp-608.96 Million | Rp1.80 Billion | Rp989.72 Million | Rp1.60 Billion | ▼ -15.5 pp |
| 2017 | -18.4% | Rp-340.21 Million | Rp1.85 Billion | Rp1.02 Billion | Rp1.36 Billion | ▼ -6.0 pp |
| 2016 | -12.3% | Rp-227.18 Million | Rp1.84 Billion | Rp997.32 Million | Rp1.22 Billion | ▲ +19.2 pp |
| 2015 | -31.6% | Rp-564.65 Million | Rp1.79 Billion | Rp892.54 Million | Rp1.46 Billion | ▲ +8.2 pp |
| 2014 | -39.8% | Rp-354.67 Million | Rp891.87 Million | Rp1.06 Billion | Rp1.41 Billion | ▼ -35.7 pp |
| 2013 | -4.1% | Rp-42.93 Million | Rp1.05 Billion | Rp1.10 Billion | Rp1.14 Billion | ▼ -18.0 pp |
| 2012 | 13.9% | Rp155.22 Million | Rp1.12 Billion | Rp1.40 Billion | Rp1.24 Billion | ▼ -24.8 pp |
| 2011 | 38.7% | Rp442.56 Million | Rp1.14 Billion | Rp1.46 Billion | Rp1.02 Billion | ▼ -18.1 pp |
| 2010 | 56.8% | Rp587.66 Million | Rp1.03 Billion | Rp1.35 Billion | Rp760.30 Million | ▲ +14.1 pp |
| 2009 | 42.8% | Rp265.34 Million | Rp620.34 Million | Rp915.77 Million | Rp650.43 Million | ▼ -11.4 pp |
| 2008 | 54.1% | Rp268.37 Million | Rp495.68 Million | Rp1.05 Billion | Rp777.61 Million | ▼ -4.3 pp |
| 2007 | 58.5% | Rp316.87 Million | Rp541.82 Million | Rp790.86 Million | Rp473.99 Million | — |