Telkom (TKG) — Working Capital to Net Assets Ratio
Telkom (TKG) has a Working Capital to Net Assets ratio of 5.4% as of September 2025. Working capital of ZAC1.84 Billion (current assets of ZAC17.64 Billion minus current liabilities of ZAC15.80 Billion) is measured against net assets of ZAC33.89 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See TKG financial flexibility score to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Telkom Working Capital to Net Assets (2001–2025)
This chart shows how Telkom's Working Capital to Net Assets ratio has evolved across 25 annual periods from 2001 to 2025. As of September 2025, the ratio stands at 5.4%, reflecting working capital of ZAC1.84 Billion against net assets of ZAC33.89 Billion ZAC. See TKG cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Telkom (2001–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Telkom from 2001 to 2025, covering 25 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 TKG market cap.
| Year | WC/NA Ratio | Working Capital (ZAC) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 16.1% | ZAC5.40 Billion | ZAC33.59 Billion | ZAC23.00 Billion | ZAC17.60 Billion | ▲ +14.1 pp |
| 2024 | 2.0% | ZAC528.00 Million | ZAC26.18 Billion | ZAC18.18 Billion | ZAC17.66 Billion | ▲ +4.5 pp |
| 2023 | -2.5% | ZAC-596.00 Million | ZAC24.16 Billion | ZAC17.32 Billion | ZAC17.91 Billion | ▲ +4.7 pp |
| 2022 | -7.1% | ZAC-2.43 Billion | ZAC34.04 Billion | ZAC16.12 Billion | ZAC18.55 Billion | ▼ -2.5 pp |
| 2021 | -4.6% | ZAC-1.44 Billion | ZAC31.34 Billion | ZAC15.93 Billion | ZAC17.37 Billion | ▼ -1.8 pp |
| 2020 | -2.8% | ZAC-829.00 Million | ZAC29.48 Billion | ZAC16.32 Billion | ZAC17.14 Billion | ▲ +2.1 pp |
| 2019 | -4.9% | ZAC-1.45 Billion | ZAC29.77 Billion | ZAC14.98 Billion | ZAC16.44 Billion | ▼ -9.3 pp |
| 2018 | 4.4% | ZAC1.21 Billion | ZAC27.39 Billion | ZAC14.13 Billion | ZAC12.92 Billion | ▲ +1.6 pp |
| 2017 | 2.8% | ZAC785.00 Million | ZAC27.91 Billion | ZAC13.92 Billion | ZAC13.14 Billion | ▲ +3.4 pp |
| 2016 | -0.6% | ZAC-164.00 Million | ZAC26.61 Billion | ZAC12.91 Billion | ZAC13.08 Billion | ▼ -0.3 pp |
| 2015 | -0.4% | ZAC-94.00 Million | ZAC26.04 Billion | ZAC11.43 Billion | ZAC11.52 Billion | ▲ +7.1 pp |
| 2014 | -7.5% | ZAC-1.74 Billion | ZAC23.15 Billion | ZAC8.37 Billion | ZAC10.10 Billion | ▲ +0.7 pp |
| 2013 | -8.2% | ZAC-1.49 Billion | ZAC18.23 Billion | ZAC11.64 Billion | ZAC13.13 Billion | ▼ -9.8 pp |
| 2012 | 1.6% | ZAC497.00 Million | ZAC30.14 Billion | ZAC10.21 Billion | ZAC9.71 Billion | ▼ -3.1 pp |
| 2011 | 4.7% | ZAC1.42 Billion | ZAC30.02 Billion | ZAC10.31 Billion | ZAC8.90 Billion | ▲ +4.9 pp |
| 2010 | -0.2% | ZAC-50.00 Million | ZAC30.26 Billion | ZAC12.30 Billion | ZAC12.35 Billion | ▲ +16.4 pp |
| 2009 | -16.6% | ZAC-8.56 Billion | ZAC51.52 Billion | ZAC15.67 Billion | ZAC24.23 Billion | ▲ +11.3 pp |
| 2008 | -28.0% | ZAC-9.33 Billion | ZAC33.38 Billion | ZAC12.63 Billion | ZAC21.96 Billion | ▼ -2.3 pp |
| 2007 | -25.6% | ZAC-8.18 Billion | ZAC31.94 Billion | ZAC10.36 Billion | ZAC18.54 Billion | ▼ -15.6 pp |
| 2006 | -10.0% | ZAC-2.96 Billion | ZAC29.44 Billion | ZAC12.72 Billion | ZAC15.67 Billion | ▼ -2.5 pp |
| 2005 | -7.6% | ZAC-2.06 Billion | ZAC27.19 Billion | ZAC14.97 Billion | ZAC17.03 Billion | ▲ +7.6 pp |
| 2004 | -15.2% | ZAC-3.38 Billion | ZAC22.25 Billion | ZAC11.06 Billion | ZAC14.44 Billion | ▲ +7.4 pp |
| 2003 | -22.6% | ZAC-4.18 Billion | ZAC18.55 Billion | ZAC9.92 Billion | ZAC14.10 Billion | ▼ -12.7 pp |
| 2002 | -9.9% | ZAC-1.68 Billion | ZAC16.93 Billion | ZAC10.94 Billion | ZAC12.62 Billion | ▲ +7.5 pp |
| 2001 | -17.4% | ZAC-2.63 Billion | ZAC15.09 Billion | ZAC12.67 Billion | ZAC15.30 Billion | — |