Golden Eagle Energy Tbk (SMMT) — Working Capital to Net Assets Ratio
Golden Eagle Energy Tbk (SMMT) has a Working Capital to Net Assets ratio of -18.0% as of March 2026. Working capital of Rp-101.50 Billion (current assets of Rp822.02 Billion minus current liabilities of Rp923.52 Billion) is measured against net assets of Rp564.70 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Golden Eagle Energy Tbk free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Golden Eagle Energy Tbk Working Capital to Net Assets (2009–2025)
This chart shows how Golden Eagle Energy Tbk's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2009 to 2025. As of March 2026, the ratio stands at -18.0%, reflecting working capital of Rp-101.50 Billion against net assets of Rp564.70 Billion IDR. See operational self-sufficiency of Golden Eagle Energy Tbk to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Golden Eagle Energy Tbk (2009–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Golden Eagle Energy Tbk from 2009 to 2025, 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 Golden Eagle Energy Tbk market capitalisation.
| Year | WC/NA Ratio | Working Capital (IDR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 4.1% | Rp22.17 Billion | Rp542.41 Billion | Rp518.36 Billion | Rp496.19 Billion | ▲ +0.5 pp |
| 2024 | 3.6% | Rp30.68 Billion | Rp848.38 Billion | Rp430.54 Billion | Rp399.85 Billion | ▲ +1.9 pp |
| 2023 | 1.7% | Rp13.48 Billion | Rp799.52 Billion | Rp188.68 Billion | Rp175.20 Billion | ▲ +0.5 pp |
| 2022 | 1.2% | Rp11.82 Billion | Rp1.02 Trillion | Rp171.80 Billion | Rp159.99 Billion | ▼ -14.3 pp |
| 2021 | 15.4% | Rp126.06 Billion | Rp817.85 Billion | Rp237.93 Billion | Rp111.87 Billion | ▲ +27.2 pp |
| 2020 | -11.8% | Rp-66.55 Billion | Rp564.56 Billion | Rp93.58 Billion | Rp160.13 Billion | ▼ -2.5 pp |
| 2019 | -9.3% | Rp-54.39 Billion | Rp584.45 Billion | Rp85.38 Billion | Rp139.76 Billion | ▲ +14.8 pp |
| 2018 | -24.1% | Rp-118.08 Billion | Rp489.53 Billion | Rp57.75 Billion | Rp175.83 Billion | ▼ -1.5 pp |
| 2017 | -22.6% | Rp-94.89 Billion | Rp419.36 Billion | Rp25.79 Billion | Rp120.68 Billion | ▼ -6.9 pp |
| 2016 | -15.7% | Rp-59.91 Billion | Rp381.19 Billion | Rp21.67 Billion | Rp81.58 Billion | ▼ -5.6 pp |
| 2015 | -10.1% | Rp-40.38 Billion | Rp399.11 Billion | Rp127.21 Billion | Rp167.59 Billion | ▼ -16.1 pp |
| 2014 | 6.0% | Rp27.51 Billion | Rp458.19 Billion | Rp160.66 Billion | Rp133.16 Billion | ▼ -25.1 pp |
| 2013 | 31.1% | Rp144.35 Billion | Rp464.23 Billion | Rp183.29 Billion | Rp38.94 Billion | ▲ +1.2 pp |
| 2012 | 29.9% | Rp133.46 Billion | Rp446.01 Billion | Rp166.02 Billion | Rp32.56 Billion | ▼ -67.4 pp |
| 2011 | 97.3% | Rp-17.16 Billion | Rp-17.63 Billion | Rp7.16 Billion | Rp24.32 Billion | ▲ +161.7 pp |
| 2010 | -64.4% | Rp8.25 Billion | Rp-12.82 Billion | Rp10.38 Billion | Rp2.13 Billion | ▼ -28.8 pp |
| 2009 | -35.6% | Rp3.46 Billion | Rp-9.71 Billion | Rp7.38 Billion | Rp3.93 Billion | — |