Sinar Mas Multiartha Tbk (SMMA) — Working Capital to Net Assets Ratio
Sinar Mas Multiartha Tbk (SMMA) has a Working Capital to Net Assets ratio of 265.5% as of December 2024. Working capital of Rp66.92 Trillion (current assets of Rp72.60 Trillion minus current liabilities of Rp5.68 Trillion) is measured against net assets of Rp25.21 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Sinar Mas Multiartha Tbk balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Sinar Mas Multiartha Tbk Working Capital to Net Assets (2007–2024)
This chart shows how Sinar Mas Multiartha Tbk's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2007 to 2024. As of December 2024, the ratio stands at 265.5%, reflecting working capital of Rp66.92 Trillion against net assets of Rp25.21 Trillion IDR. Check Sinar Mas Multiartha Tbk tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Sinar Mas Multiartha Tbk (2007–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Sinar Mas Multiartha Tbk from 2007 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 SMMA market cap overview.
| Year | WC/NA Ratio | Working Capital (IDR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 265.5% | Rp66.92 Trillion | Rp25.21 Trillion | Rp72.60 Trillion | Rp5.68 Trillion | ▲ +238.2 pp |
| 2023 | 27.3% | Rp7.84 Trillion | Rp28.76 Trillion | Rp19.53 Trillion | Rp11.69 Trillion | ▼ -36.8 pp |
| 2022 | 64.1% | Rp15.18 Trillion | Rp23.68 Trillion | Rp17.29 Trillion | Rp2.11 Trillion | ▼ -26.2 pp |
| 2021 | 90.3% | Rp20.57 Trillion | Rp22.78 Trillion | Rp21.16 Trillion | Rp585.62 Billion | ▲ +41.4 pp |
| 2020 | 48.8% | Rp11.20 Trillion | Rp22.92 Trillion | Rp12.18 Trillion | Rp977.81 Billion | ▼ -16.7 pp |
| 2019 | 65.6% | Rp14.54 Trillion | Rp22.16 Trillion | Rp15.47 Trillion | Rp935.18 Billion | ▼ -201.0 pp |
| 2018 | 266.6% | Rp66.95 Trillion | Rp25.11 Trillion | Rp93.74 Trillion | Rp26.79 Trillion | ▲ +163.3 pp |
| 2017 | 103.4% | Rp23.72 Trillion | Rp22.95 Trillion | Rp25.62 Trillion | Rp1.90 Trillion | ▼ -2.0 pp |
| 2016 | 105.3% | Rp21.53 Trillion | Rp20.45 Trillion | Rp23.48 Trillion | Rp1.94 Trillion | ▼ -4.9 pp |
| 2015 | 110.2% | Rp20.25 Trillion | Rp18.38 Trillion | Rp21.99 Trillion | Rp1.74 Trillion | ▲ +7.3 pp |
| 2014 | 102.9% | Rp19.36 Trillion | Rp18.82 Trillion | Rp20.55 Trillion | Rp1.19 Trillion | ▲ +1.1 pp |
| 2013 | 101.8% | Rp17.43 Trillion | Rp17.13 Trillion | Rp18.27 Trillion | Rp837.50 Billion | ▼ -16.9 pp |
| 2012 | 118.7% | Rp19.29 Trillion | Rp16.26 Trillion | Rp19.88 Trillion | Rp581.36 Billion | ▲ +22.1 pp |
| 2011 | 96.6% | Rp14.09 Trillion | Rp14.59 Trillion | Rp42.69 Trillion | Rp28.60 Trillion | ▲ +19.6 pp |
| 2009 | 77.0% | Rp2.77 Trillion | Rp3.60 Trillion | Rp18.39 Trillion | Rp15.62 Trillion | ▼ -242.0 pp |
| 2008 | 318.9% | Rp8.82 Trillion | Rp2.77 Trillion | Rp14.51 Trillion | Rp5.69 Trillion | ▲ +29.7 pp |
| 2007 | 289.3% | Rp7.13 Trillion | Rp2.47 Trillion | Rp13.25 Trillion | Rp6.11 Trillion | — |