Sinar Mas Agro Resources and Technology Tbk PT (SMAR) — Working Capital to Net Assets Ratio
Sinar Mas Agro Resources and Technology Tbk PT (SMAR) has a Working Capital to Net Assets ratio of 47.4% as of June 2025. Working capital of Rp9.76 Trillion (current assets of Rp23.62 Trillion minus current liabilities of Rp13.86 Trillion) is measured against net assets of Rp20.60 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. See SMAR equity to assets ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Sinar Mas Agro Resources and Technology Tbk PT Working Capital to Net Assets (2008–2024)
This chart shows how Sinar Mas Agro Resources and Technology Tbk PT's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2008 to 2024. As of June 2025, the ratio stands at 47.4%, reflecting working capital of Rp9.76 Trillion against net assets of Rp20.60 Trillion IDR. Check Sinar Mas Agro Resources and Technology tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Sinar Mas Agro Resources and Technology Tbk PT (2008–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Sinar Mas Agro Resources and Technology Tbk PT from 2008 to 2024, covering 17 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 Sinar Mas Agro Resources and Technology market capitalisation.
| Year | WC/NA Ratio | Working Capital (IDR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 55.7% | Rp11.07 Trillion | Rp19.88 Trillion | Rp24.44 Trillion | Rp13.37 Trillion | ▲ +8.9 pp |
| 2023 | 46.7% | Rp8.92 Trillion | Rp19.07 Trillion | Rp19.14 Trillion | Rp10.23 Trillion | ▼ -13.5 pp |
| 2022 | 60.3% | Rp11.60 Trillion | Rp19.25 Trillion | Rp23.71 Trillion | Rp12.10 Trillion | ▲ +11.7 pp |
| 2021 | 48.6% | Rp7.01 Trillion | Rp14.42 Trillion | Rp22.42 Trillion | Rp15.41 Trillion | ▲ +14.7 pp |
| 2020 | 34.0% | Rp4.25 Trillion | Rp12.52 Trillion | Rp18.61 Trillion | Rp14.36 Trillion | ▲ +26.6 pp |
| 2019 | 7.3% | Rp801.86 Billion | Rp10.93 Trillion | Rp11.48 Trillion | Rp10.68 Trillion | ▼ -26.5 pp |
| 2018 | 33.9% | Rp4.15 Trillion | Rp12.25 Trillion | Rp12.60 Trillion | Rp8.45 Trillion | ▲ +10.0 pp |
| 2017 | 23.9% | Rp2.70 Trillion | Rp11.30 Trillion | Rp11.16 Trillion | Rp8.47 Trillion | ▼ -4.5 pp |
| 2016 | 28.3% | Rp2.89 Trillion | Rp10.20 Trillion | Rp11.25 Trillion | Rp8.36 Trillion | ▲ +18.1 pp |
| 2015 | 10.3% | Rp782.96 Billion | Rp7.62 Trillion | Rp10.68 Trillion | Rp9.90 Trillion | ▲ +1.3 pp |
| 2014 | 9.0% | Rp716.00 Billion | Rp7.95 Trillion | Rp9.71 Trillion | Rp9.00 Trillion | ▲ +3.7 pp |
| 2013 | 5.3% | Rp343.77 Billion | Rp6.48 Trillion | Rp7.66 Trillion | Rp7.32 Trillion | ▼ -37.7 pp |
| 2012 | 43.0% | Rp3.85 Trillion | Rp8.94 Trillion | Rp7.35 Trillion | Rp3.50 Trillion | ▼ -7.3 pp |
| 2011 | 50.3% | Rp3.69 Trillion | Rp7.34 Trillion | Rp7.96 Trillion | Rp4.27 Trillion | ▲ +14.1 pp |
| 2010 | 36.2% | Rp2.16 Trillion | Rp5.98 Trillion | Rp6.27 Trillion | Rp4.11 Trillion | ▼ -0.7 pp |
| 2009 | 36.9% | Rp1.83 Trillion | Rp4.95 Trillion | Rp4.59 Trillion | Rp2.76 Trillion | ▲ +0.9 pp |
| 2008 | 36.0% | Rp1.78 Trillion | Rp4.95 Trillion | Rp4.55 Trillion | Rp2.76 Trillion | — |