Steady Safe TBK PT (SAFE) — Working Capital to Net Assets Ratio
Steady Safe TBK PT (SAFE) has a Working Capital to Net Assets ratio of -542.1% as of September 2025. Working capital of Rp-107.13 Billion (current assets of Rp53.59 Billion minus current liabilities of Rp160.72 Billion) is measured against net assets of Rp19.76 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See SAFE equity to assets ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Steady Safe TBK PT Working Capital to Net Assets (2009–2024)
This chart shows how Steady Safe TBK PT's Working Capital to Net Assets ratio has evolved across 16 annual periods from 2009 to 2024. As of September 2025, the ratio stands at -542.1%, reflecting working capital of Rp-107.13 Billion against net assets of Rp19.76 Billion IDR. Check Steady Safe TBK PT tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Steady Safe TBK PT (2009–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Steady Safe TBK PT from 2009 to 2024, covering 16 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 Steady Safe TBK PT (SAFE) total market value.
| Year | WC/NA Ratio | Working Capital (IDR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 1214.4% | Rp-133.28 Billion | Rp-10.97 Billion | Rp28.78 Billion | Rp162.06 Billion | ▲ +653.4 pp |
| 2023 | 561.0% | Rp-214.53 Billion | Rp-38.24 Billion | Rp24.71 Billion | Rp239.24 Billion | ▲ +253.2 pp |
| 2022 | 307.8% | Rp-177.90 Billion | Rp-57.79 Billion | Rp29.14 Billion | Rp207.04 Billion | ▼ -127.1 pp |
| 2021 | 434.9% | Rp-296.78 Billion | Rp-68.24 Billion | Rp27.21 Billion | Rp323.99 Billion | ▲ +193.4 pp |
| 2020 | 241.5% | Rp-166.47 Billion | Rp-68.92 Billion | Rp20.98 Billion | Rp187.45 Billion | ▼ -79.9 pp |
| 2019 | 321.4% | Rp-165.53 Billion | Rp-51.50 Billion | Rp25.44 Billion | Rp190.97 Billion | ▲ +41.3 pp |
| 2018 | 280.1% | Rp-169.81 Billion | Rp-60.62 Billion | Rp41.10 Billion | Rp210.91 Billion | ▲ +196.3 pp |
| 2017 | 83.8% | Rp-33.57 Billion | Rp-40.05 Billion | Rp38.97 Billion | Rp72.54 Billion | ▼ -36.7 pp |
| 2016 | 120.6% | Rp-39.09 Billion | Rp-32.42 Billion | Rp1.90 Billion | Rp40.99 Billion | ▲ +42.5 pp |
| 2015 | 78.0% | Rp-59.02 Billion | Rp-75.64 Billion | Rp3.53 Billion | Rp62.55 Billion | ▲ +8.1 pp |
| 2014 | 69.9% | Rp-52.23 Billion | Rp-74.67 Billion | Rp233.07 Million | Rp52.46 Billion | ▲ +5.6 pp |
| 2013 | 64.3% | Rp-50.94 Billion | Rp-79.16 Billion | Rp461.69 Million | Rp51.40 Billion | ▼ -24.1 pp |
| 2012 | 88.5% | Rp-74.16 Billion | Rp-83.84 Billion | Rp1.47 Billion | Rp75.63 Billion | ▼ -19.1 pp |
| 2011 | 107.6% | Rp-83.40 Billion | Rp-77.54 Billion | Rp5.15 Billion | Rp88.55 Billion | ▼ -43.3 pp |
| 2010 | 150.9% | Rp-104.29 Billion | Rp-69.14 Billion | Rp5.11 Billion | Rp109.41 Billion | ▼ -9.6 pp |
| 2009 | 160.5% | Rp-114.90 Billion | Rp-71.59 Billion | Rp5.46 Billion | Rp120.37 Billion | — |