Pelangi Indah Canindo Tbk (PICO) — Working Capital to Net Assets Ratio
Pelangi Indah Canindo Tbk (PICO) has a Working Capital to Net Assets ratio of -18.4% as of March 2026. Working capital of Rp-38.79 Billion (current assets of Rp190.68 Billion minus current liabilities of Rp229.47 Billion) is measured against net assets of Rp211.23 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial agility of Pelangi Indah Canindo Tbk to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Pelangi Indah Canindo Tbk Working Capital to Net Assets (2012–2025)
This chart shows how Pelangi Indah Canindo Tbk's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2012 to 2025. As of March 2026, the ratio stands at -18.4%, reflecting working capital of Rp-38.79 Billion against net assets of Rp211.23 Billion IDR. See PICO defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Pelangi Indah Canindo Tbk (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Pelangi Indah Canindo Tbk from 2012 to 2025, covering 14 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 Pelangi Indah Canindo Tbk market capitalisation.
| Year | WC/NA Ratio | Working Capital (IDR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -11.5% | Rp-24.06 Billion | Rp209.73 Billion | Rp190.91 Billion | Rp214.97 Billion | ▼ -42.4 pp |
| 2024 | 31.0% | Rp64.39 Billion | Rp208.00 Billion | Rp301.53 Billion | Rp237.14 Billion | ▼ -62.2 pp |
| 2023 | 93.2% | Rp190.94 Billion | Rp204.95 Billion | Rp366.73 Billion | Rp175.80 Billion | ▼ -15.1 pp |
| 2022 | 108.3% | Rp215.35 Billion | Rp198.84 Billion | Rp372.93 Billion | Rp157.58 Billion | ▲ +288.8 pp |
| 2021 | -180.5% | Rp-342.04 Billion | Rp189.48 Billion | Rp443.05 Billion | Rp785.09 Billion | ▼ -53.8 pp |
| 2020 | -126.7% | Rp-299.69 Billion | Rp236.51 Billion | Rp453.83 Billion | Rp753.52 Billion | ▼ -65.2 pp |
| 2019 | -61.5% | Rp-185.49 Billion | Rp301.64 Billion | Rp491.82 Billion | Rp677.31 Billion | ▼ -94.0 pp |
| 2018 | 32.6% | Rp97.52 Billion | Rp299.56 Billion | Rp508.71 Billion | Rp411.18 Billion | ▼ -26.0 pp |
| 2017 | 58.5% | Rp163.69 Billion | Rp279.68 Billion | Rp487.49 Billion | Rp323.80 Billion | ▲ +20.8 pp |
| 2016 | 37.8% | Rp100.39 Billion | Rp265.84 Billion | Rp396.40 Billion | Rp296.01 Billion | ▼ -29.5 pp |
| 2015 | 67.3% | Rp166.25 Billion | Rp247.09 Billion | Rp449.06 Billion | Rp282.81 Billion | ▼ -11.4 pp |
| 2014 | 78.7% | Rp181.79 Billion | Rp231.10 Billion | Rp457.86 Billion | Rp276.07 Billion | ▲ +27.6 pp |
| 2013 | 51.1% | Rp109.52 Billion | Rp214.38 Billion | Rp458.86 Billion | Rp349.35 Billion | ▲ +10.0 pp |
| 2012 | 41.1% | Rp81.84 Billion | Rp199.11 Billion | Rp420.82 Billion | Rp338.98 Billion | — |