PT Sarana Menara (TOWR) — Working Capital to Net Assets Ratio
PT Sarana Menara (TOWR) has a Working Capital to Net Assets ratio of -82.2% as of June 2025. Working capital of Rp-16.35 Trillion (current assets of Rp3.76 Trillion minus current liabilities of Rp20.11 Trillion) is measured against net assets of Rp19.90 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. See PT Sarana Menara balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
PT Sarana Menara Working Capital to Net Assets (2008–2024)
This chart shows how PT Sarana Menara'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 -82.2%, reflecting working capital of Rp-16.35 Trillion against net assets of Rp19.90 Trillion IDR. Check PT Sarana Menara tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for PT Sarana Menara (2008–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for PT Sarana Menara 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 TOWR market cap overview.
| Year | WC/NA Ratio | Working Capital (IDR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -79.1% | Rp-15.17 Trillion | Rp19.17 Trillion | Rp4.96 Trillion | Rp20.12 Trillion | ▲ +41.2 pp |
| 2023 | -120.4% | Rp-19.87 Trillion | Rp16.51 Trillion | Rp4.43 Trillion | Rp24.30 Trillion | ▼ -45.6 pp |
| 2022 | -74.8% | Rp-10.79 Trillion | Rp14.43 Trillion | Rp3.65 Trillion | Rp14.45 Trillion | ▲ +45.3 pp |
| 2021 | -120.1% | Rp-14.48 Trillion | Rp12.06 Trillion | Rp7.40 Trillion | Rp21.88 Trillion | ▼ -78.6 pp |
| 2020 | -41.5% | Rp-4.22 Trillion | Rp10.18 Trillion | Rp3.00 Trillion | Rp7.23 Trillion | ▼ -17.6 pp |
| 2019 | -23.9% | Rp-2.09 Trillion | Rp8.76 Trillion | Rp2.47 Trillion | Rp4.57 Trillion | ▲ +7.0 pp |
| 2018 | -30.8% | Rp-2.48 Trillion | Rp8.03 Trillion | Rp2.28 Trillion | Rp4.75 Trillion | ▼ -42.4 pp |
| 2017 | 11.5% | Rp819.23 Billion | Rp7.10 Trillion | Rp3.05 Trillion | Rp2.23 Trillion | ▲ +8.8 pp |
| 2016 | 2.7% | Rp291.60 Billion | Rp10.71 Trillion | Rp3.59 Trillion | Rp3.30 Trillion | ▼ -17.5 pp |
| 2015 | 20.3% | Rp1.56 Trillion | Rp7.68 Trillion | Rp3.53 Trillion | Rp1.98 Trillion | ▲ +7.3 pp |
| 2014 | 13.0% | Rp607.27 Billion | Rp4.67 Trillion | Rp2.65 Trillion | Rp2.04 Trillion | ▲ +18.6 pp |
| 2013 | -5.6% | Rp-205.33 Billion | Rp3.64 Trillion | Rp2.21 Trillion | Rp2.42 Trillion | ▼ -13.3 pp |
| 2012 | 7.7% | Rp262.98 Billion | Rp3.42 Trillion | Rp1.45 Trillion | Rp1.19 Trillion | ▲ +8.2 pp |
| 2011 | -0.5% | Rp-7.59 Billion | Rp1.52 Trillion | Rp902.27 Billion | Rp909.86 Billion | ▲ +10.4 pp |
| 2010 | -10.9% | Rp-133.75 Billion | Rp1.23 Trillion | Rp733.05 Billion | Rp866.80 Billion | ▼ -25.4 pp |
| 2009 | 14.5% | Rp161.69 Billion | Rp1.12 Trillion | Rp1.00 Trillion | Rp838.36 Billion | ▼ -190.3 pp |
| 2008 | 204.8% | Rp1.05 Trillion | Rp514.34 Billion | Rp1.32 Trillion | Rp262.84 Billion | — |