Sarana Mitra Luas (SMIL) — Working Capital to Net Assets Ratio
Sarana Mitra Luas (SMIL) has a Working Capital to Net Assets ratio of 47.6% as of September 2025. Working capital of Rp356.10 Billion (current assets of Rp461.42 Billion minus current liabilities of Rp105.31 Billion) is measured against net assets of Rp748.44 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Sarana Mitra Luas (SMIL) flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Sarana Mitra Luas Working Capital to Net Assets (2019–2024)
This chart shows how Sarana Mitra Luas's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2019 to 2024. As of September 2025, the ratio stands at 47.6%, reflecting working capital of Rp356.10 Billion against net assets of Rp748.44 Billion IDR. See Sarana Mitra Luas liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Sarana Mitra Luas (2019–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Sarana Mitra Luas from 2019 to 2024, 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 how much is Sarana Mitra Luas worth.
| Year | WC/NA Ratio | Working Capital (IDR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 60.0% | Rp433.43 Billion | Rp721.88 Billion | Rp528.49 Billion | Rp95.06 Billion | ▲ +44.5 pp |
| 2023 | 15.6% | Rp106.88 Billion | Rp687.02 Billion | Rp259.68 Billion | Rp152.80 Billion | ▼ -8.4 pp |
| 2022 | 23.9% | Rp103.58 Billion | Rp433.24 Billion | Rp171.27 Billion | Rp67.69 Billion | ▲ +12.4 pp |
| 2021 | 11.5% | Rp42.97 Billion | Rp374.45 Billion | Rp157.47 Billion | Rp114.50 Billion | ▲ +0.7 pp |
| 2020 | 10.8% | Rp32.30 Billion | Rp299.53 Billion | Rp94.96 Billion | Rp62.66 Billion | ▲ +25.7 pp |
| 2019 | -14.9% | Rp-37.10 Billion | Rp249.03 Billion | Rp40.27 Billion | Rp77.37 Billion | — |