Ultra Jaya Milk Industry Tbk (ULTJ) — Working Capital to Net Assets Ratio
Ultra Jaya Milk Industry Tbk (ULTJ) has a Working Capital to Net Assets ratio of 56.1% as of March 2026. Working capital of Rp4.95 Trillion (current assets of Rp5.98 Trillion minus current liabilities of Rp1.03 Trillion) is measured against net assets of Rp8.82 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Ultra Jaya Milk Industry Tbk net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ultra Jaya Milk Industry Tbk Working Capital to Net Assets (2005–2025)
This chart shows how Ultra Jaya Milk Industry Tbk's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of March 2026, the ratio stands at 56.1%, reflecting working capital of Rp4.95 Trillion against net assets of Rp8.82 Trillion IDR. Check ULTJ tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Ultra Jaya Milk Industry Tbk (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ultra Jaya Milk Industry Tbk from 2005 to 2025, covering 21 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 ULTJ company net worth.
| Year | WC/NA Ratio | Working Capital (IDR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 53.0% | Rp4.41 Trillion | Rp8.32 Trillion | Rp5.19 Trillion | Rp787.85 Billion | ▼ -0.4 pp |
| 2024 | 53.4% | Rp3.97 Trillion | Rp7.43 Trillion | Rp4.87 Trillion | Rp902.81 Billion | ▼ -1.9 pp |
| 2023 | 55.3% | Rp3.70 Trillion | Rp6.69 Trillion | Rp4.41 Trillion | Rp713.39 Billion | ▲ +1.0 pp |
| 2022 | 54.3% | Rp3.16 Trillion | Rp5.82 Trillion | Rp4.62 Trillion | Rp1.46 Trillion | ▼ -9.7 pp |
| 2021 | 64.0% | Rp3.29 Trillion | Rp5.14 Trillion | Rp4.84 Trillion | Rp1.56 Trillion | ▼ -4.3 pp |
| 2020 | 68.3% | Rp3.27 Trillion | Rp4.78 Trillion | Rp5.59 Trillion | Rp2.33 Trillion | ▲ +17.4 pp |
| 2019 | 50.9% | Rp2.88 Trillion | Rp5.66 Trillion | Rp3.72 Trillion | Rp836.31 Billion | ▲ +5.7 pp |
| 2018 | 45.2% | Rp2.16 Trillion | Rp4.77 Trillion | Rp2.79 Trillion | Rp635.16 Billion | ▼ -17.0 pp |
| 2017 | 62.2% | Rp2.62 Trillion | Rp4.21 Trillion | Rp3.44 Trillion | Rp820.62 Billion | ▼ -3.1 pp |
| 2016 | 65.4% | Rp2.28 Trillion | Rp3.49 Trillion | Rp2.87 Trillion | Rp593.53 Billion | ▲ +10.3 pp |
| 2015 | 55.1% | Rp1.54 Trillion | Rp2.80 Trillion | Rp2.10 Trillion | Rp561.63 Billion | ▲ +4.3 pp |
| 2014 | 50.8% | Rp1.15 Trillion | Rp2.27 Trillion | Rp1.64 Trillion | Rp490.97 Billion | ▲ +4.6 pp |
| 2013 | 46.2% | Rp931.72 Billion | Rp2.02 Trillion | Rp1.57 Trillion | Rp633.79 Billion | ▲ +10.2 pp |
| 2012 | 36.0% | Rp603.60 Billion | Rp1.68 Trillion | Rp1.20 Trillion | Rp592.82 Billion | ▲ +13.4 pp |
| 2011 | 22.6% | Rp316.49 Billion | Rp1.40 Trillion | Rp924.08 Billion | Rp607.59 Billion | ▼ -14.2 pp |
| 2010 | 36.7% | Rp477.88 Billion | Rp1.30 Trillion | Rp955.44 Billion | Rp477.56 Billion | ▲ +0.8 pp |
| 2009 | 35.9% | Rp429.05 Billion | Rp1.19 Trillion | Rp813.39 Billion | Rp384.34 Billion | ▲ +2.4 pp |
| 2008 | 33.5% | Rp380.74 Billion | Rp1.14 Trillion | Rp826.61 Billion | Rp445.87 Billion | ▼ -4.9 pp |
| 2007 | 38.4% | Rp319.22 Billion | Rp832.34 Billion | Rp551.95 Billion | Rp232.73 Billion | ▲ +30.3 pp |
| 2006 | 8.0% | Rp65.67 Billion | Rp815.90 Billion | Rp421.54 Billion | Rp355.88 Billion | ▼ -10.8 pp |
| 2005 | 18.8% | Rp153.63 Billion | Rp815.32 Billion | Rp416.43 Billion | Rp262.80 Billion | — |