Tirta Mahakam Resources Tbk (TIRT) — Working Capital to Net Assets Ratio
Tirta Mahakam Resources Tbk (TIRT) has a Working Capital to Net Assets ratio of -28.3% as of September 2025. Working capital of Rp200.92 Billion (current assets of Rp202.45 Billion minus current liabilities of Rp1.53 Billion) is measured against net assets of Rp-708.81 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See TIRT net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Tirta Mahakam Resources Tbk Working Capital to Net Assets (2005–2024)
This chart shows how Tirta Mahakam Resources Tbk's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2005 to 2024. As of September 2025, the ratio stands at -28.3%, reflecting working capital of Rp200.92 Billion against net assets of Rp-708.81 Billion IDR. Check Tirta Mahakam Resources Tbk tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Tirta Mahakam Resources Tbk (2005–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Tirta Mahakam Resources Tbk from 2005 to 2024, covering 20 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 TIRT market cap overview.
| Year | WC/NA Ratio | Working Capital (IDR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -2.2% | Rp14.66 Billion | Rp-675.66 Billion | Rp14.75 Billion | Rp90.42 Million | ▲ +2.6 pp |
| 2023 | -4.8% | Rp30.63 Billion | Rp-635.58 Billion | Rp31.00 Billion | Rp371.61 Million | ▼ -20.6 pp |
| 2022 | 15.8% | Rp-95.10 Billion | Rp-601.89 Billion | Rp46.30 Billion | Rp141.40 Billion | ▼ -12.4 pp |
| 2021 | 28.2% | Rp-145.10 Billion | Rp-514.75 Billion | Rp53.42 Billion | Rp198.52 Billion | ▼ -43.6 pp |
| 2020 | 71.8% | Rp-280.09 Billion | Rp-390.32 Billion | Rp143.39 Billion | Rp423.49 Billion | ▲ +43.8 pp |
| 2019 | 28.0% | Rp10.06 Billion | Rp35.95 Billion | Rp616.14 Billion | Rp606.08 Billion | ▼ -28.1 pp |
| 2018 | 56.0% | Rp49.03 Billion | Rp87.49 Billion | Rp648.34 Billion | Rp599.30 Billion | ▼ -5.5 pp |
| 2017 | 61.5% | Rp76.20 Billion | Rp123.82 Billion | Rp589.91 Billion | Rp513.72 Billion | ▲ +12.6 pp |
| 2016 | 48.9% | Rp62.05 Billion | Rp126.81 Billion | Rp558.60 Billion | Rp496.55 Billion | ▲ +4.2 pp |
| 2015 | 44.8% | Rp40.82 Billion | Rp91.16 Billion | Rp520.35 Billion | Rp479.53 Billion | ▼ -11.8 pp |
| 2014 | 56.6% | Rp46.51 Billion | Rp82.15 Billion | Rp491.85 Billion | Rp445.34 Billion | ▲ +70.3 pp |
| 2013 | -13.6% | Rp-8.05 Billion | Rp59.01 Billion | Rp401.18 Billion | Rp409.24 Billion | ▼ -89.2 pp |
| 2012 | 75.5% | Rp79.51 Billion | Rp105.29 Billion | Rp488.59 Billion | Rp409.08 Billion | ▼ -37.2 pp |
| 2011 | 112.7% | Rp154.94 Billion | Rp137.51 Billion | Rp503.09 Billion | Rp348.16 Billion | ▲ +68.5 pp |
| 2010 | 44.2% | Rp58.97 Billion | Rp133.36 Billion | Rp383.19 Billion | Rp324.22 Billion | ▼ -88.1 pp |
| 2009 | 132.3% | Rp189.58 Billion | Rp143.26 Billion | Rp439.16 Billion | Rp249.58 Billion | ▲ +127.6 pp |
| 2008 | 4.8% | Rp6.24 Billion | Rp130.86 Billion | Rp371.58 Billion | Rp365.34 Billion | ▼ -80.8 pp |
| 2007 | 85.6% | Rp169.97 Billion | Rp198.59 Billion | Rp367.37 Billion | Rp197.40 Billion | ▲ +57.0 pp |
| 2006 | 28.6% | Rp56.62 Billion | Rp197.81 Billion | Rp409.87 Billion | Rp353.25 Billion | ▲ +31.9 pp |
| 2005 | -3.3% | Rp-7.77 Billion | Rp238.34 Billion | Rp500.72 Billion | Rp508.49 Billion | — |