Northcliff Citranusa Indonesia Tbk PT (SKYB) — Working Capital to Net Assets Ratio
Northcliff Citranusa Indonesia Tbk PT (SKYB) has a Working Capital to Net Assets ratio of -8.1% as of September 2019. Working capital of Rp-2.45 Billion (current assets of Rp5.13 Billion minus current liabilities of Rp7.58 Billion) is measured against net assets of Rp30.21 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See operational self-sufficiency of Northcliff Citranusa Indonesia Tbk PT to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Northcliff Citranusa Indonesia Tbk PT Working Capital to Net Assets (2009–2018)
This chart shows how Northcliff Citranusa Indonesia Tbk PT's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2009 to 2018. As of September 2019, the ratio stands at -8.1%, reflecting working capital of Rp-2.45 Billion against net assets of Rp30.21 Billion IDR. For the complete balance sheet picture, see Northcliff Citranusa Indonesia Tbk PT balance sheet assets.
Annual Working Capital to Net Assets for Northcliff Citranusa Indonesia Tbk PT (2009–2018)
The table below presents the year-by-year Working Capital to Net Assets ratio for Northcliff Citranusa Indonesia Tbk PT from 2009 to 2018, covering 10 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. Check SKYB asset resilience ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (IDR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2018 | 1.5% | Rp463.79 Million | Rp30.24 Billion | Rp1.18 Billion | Rp715.98 Million | ▼ -8.1 pp |
| 2017 | 9.7% | Rp3.13 Billion | Rp32.31 Billion | Rp3.63 Billion | Rp505.86 Million | ▼ -5.9 pp |
| 2016 | 15.6% | Rp5.31 Billion | Rp34.03 Billion | Rp6.26 Billion | Rp956.36 Million | ▼ -458.7 pp |
| 2015 | 474.3% | Rp-139.63 Billion | Rp-29.44 Billion | Rp7.06 Billion | Rp146.68 Billion | ▲ +381.9 pp |
| 2014 | 92.4% | Rp134.33 Billion | Rp145.34 Billion | Rp346.46 Billion | Rp212.14 Billion | ▲ +27.4 pp |
| 2013 | 65.1% | Rp138.93 Billion | Rp213.54 Billion | Rp760.88 Billion | Rp621.96 Billion | ▼ -24.7 pp |
| 2012 | 89.7% | Rp205.47 Billion | Rp228.96 Billion | Rp947.65 Billion | Rp742.18 Billion | ▼ -33.7 pp |
| 2011 | 123.4% | Rp230.93 Billion | Rp187.10 Billion | Rp839.57 Billion | Rp608.64 Billion | ▲ +28.8 pp |
| 2010 | 94.6% | Rp142.56 Billion | Rp150.62 Billion | Rp314.12 Billion | Rp171.56 Billion | ▲ +4.4 pp |
| 2009 | 90.3% | Rp15.98 Billion | Rp17.71 Billion | Rp20.38 Billion | Rp4.40 Billion | — |