PT Multikarya Asia Pacific Ray (MKAP) — Working Capital to Net Assets Ratio
PT Multikarya Asia Pacific Ray (MKAP) has a Working Capital to Net Assets ratio of 48.4% as of March 2026. Working capital of Rp159.48 Billion (current assets of Rp335.07 Billion minus current liabilities of Rp175.59 Billion) is measured against net assets of Rp329.62 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See PT Multikarya Asia Pacific Ray leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
PT Multikarya Asia Pacific Ray Working Capital to Net Assets (2020–2025)
This chart shows how PT Multikarya Asia Pacific Ray's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2020 to 2025. As of March 2026, the ratio stands at 48.4%, reflecting working capital of Rp159.48 Billion against net assets of Rp329.62 Billion IDR. See PT Multikarya Asia Pacific Ray defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for PT Multikarya Asia Pacific Ray (2020–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for PT Multikarya Asia Pacific Ray from 2020 to 2025, covering 6 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 PT Multikarya Asia Pacific Ray (MKAP) total market value.
| Year | WC/NA Ratio | Working Capital (IDR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 54.8% | Rp177.05 Billion | Rp323.37 Billion | Rp355.39 Billion | Rp178.34 Billion | ▲ +5.9 pp |
| 2024 | 48.9% | Rp135.69 Billion | Rp277.75 Billion | Rp345.03 Billion | Rp209.34 Billion | ▲ +5.4 pp |
| 2023 | 43.5% | Rp71.34 Billion | Rp164.16 Billion | Rp156.16 Billion | Rp84.82 Billion | ▲ +2.9 pp |
| 2022 | 40.6% | Rp53.67 Billion | Rp132.17 Billion | Rp154.34 Billion | Rp100.67 Billion | ▲ +7.6 pp |
| 2021 | 33.1% | Rp46.04 Billion | Rp139.27 Billion | Rp133.29 Billion | Rp87.25 Billion | ▲ +19.3 pp |
| 2020 | 13.7% | Rp16.99 Billion | Rp123.67 Billion | Rp101.68 Billion | Rp84.69 Billion | — |