Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (TLK) Key Metrics
TLK key metrics, 2016–2025
Fiscal year ended December 31, 2025 · IDRTLK returns How much profit the business earns on the capital it uses.
TLK financial health Debt, liquidity and how easily interest is covered.
TLK efficiency & capital use Working capital cycle and where the cash goes.
TLK returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
TLK debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
TLK cash returned to shareholders
TLK key metrics in IDR
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 12.8% | 15.8% | 16.0% | 14.1% | 18.7% | 17.7% | 16.3% | 17.0% | 25.0% | 24.2% |
| Return on invested capital (ROIC) | 15.1% | 17.9% | 18.7% | 17.0% | 21.9% | 21.4% | 21.8% | 23.4% | 36.1% | 36.0% |
| Return on assets (ROA) | 5.9% | 8.0% | 8.7% | 7.5% | 9.5% | 9.0% | 8.9% | 8.8% | 11.7% | 11.2% |
| Return on tangible assets | 6.3% | 8.4% | 9.0% | 8.0% | 9.5% | 9.1% | 9.0% | 8.9% | 11.4% | 11.0% |
| Free cash flow margin | 25.9% | 21.3% | 18.1% | 15.3% | 25.0% | 24.5% | 13.1% | 10.8% | 13.0% | 16.4% |
| Income quality (OCF / net income) | 3.65 | 2.61 | 2.48 | 2.94 | 2.75 | 3.10 | 2.88 | 2.57 | 2.23 | 2.44 |
| Financial health | ||||||||||
| Total debt | IDR 75.09T | IDR 76.83T | IDR 68.12T | IDR 63.04T | IDR 69.08T | IDR 64.87T | IDR 52.08T | IDR 44.09T | IDR 35.47T | IDR 31.80T |
| Cash & short-term investments | IDR 35.73T | IDR 35.03T | IDR 30.67T | IDR 32.88T | IDR 38.74T | IDR 21.82T | IDR 18.62T | IDR 18.60T | IDR 26.91T | IDR 31.00T |
| Net debt | IDR 39.36T | IDR 41.81T | IDR 37.46T | IDR 30.16T | IDR 30.34T | IDR 43.05T | IDR 33.46T | IDR 25.49T | IDR 8.56T | IDR 798.00B |
| Debt / equity | 0.57 | 0.54 | 0.44 | 0.42 | 0.48 | 0.54 | 0.44 | 0.38 | 0.38 | 0.38 |
| Debt / assets | 0.26 | 0.26 | 0.24 | 0.23 | 0.25 | 0.26 | 0.24 | 0.21 | 0.18 | 0.18 |
| Net debt / EBITDA | 0.54 | 0.52 | 0.48 | 0.41 | 0.38 | 0.59 | 0.50 | 0.42 | 0.13 | 0.01 |
| Current ratio | 0.82 | 0.82 | 0.68 | 0.78 | 0.89 | 0.68 | 0.71 | 0.94 | 1.05 | 1.20 |
| Quick ratio | 0.81 | 0.81 | 0.67 | 0.77 | 0.88 | 0.66 | 0.70 | 0.92 | 1.03 | 1.18 |
| Interest coverage | 6.6 | 8.3 | 9.5 | 9.7 | — | 9.6 | — | 10.9 | 15.9 | 13.9 |
| Working capital | −IDR 13.15T | −IDR 13.67T | −IDR 22.78T | −IDR 15.33T | −IDR 7.85T | −IDR 21.97T | −IDR 16.65T | −IDR 2.99T | IDR 2.19T | IDR 7.94T |
| Invested capital | IDR 170.36T | IDR 183.90T | IDR 194.02T | IDR 179.42T | IDR 175.74T | IDR 163.57T | IDR 150.71T | IDR 142.79T | IDR 101.28T | IDR 85.18T |
| Tangible asset value | IDR 141.64T | IDR 144.84T | IDR 139.72T | IDR 133.74T | IDR 130.50T | IDR 107.02T | IDR 107.67T | IDR 110.98T | IDR 107.08T | IDR 101.04T |
| Net current asset value | −IDR 76.57T | −IDR 74.09T | −IDR 81.69T | −IDR 70.87T | −IDR 70.51T | −IDR 78.83T | −IDR 62.24T | −IDR 45.62T | −IDR 38.79T | −IDR 26.37T |
| Capital allocation | ||||||||||
| Dividends paid | IDR 21.05T | IDR 17.68T | IDR 16.60T | IDR 14.86T | IDR 16.64T | IDR 15.26T | IDR 16.23T | IDR 16.61T | IDR 11.63T | IDR 11.21T |
| Share buybacks (net) | IDR 30.00B | IDR 704.00B | IDR 31.00B | IDR 681.00B | IDR 0 | — | — | IDR 0 | IDR 0 | IDR 0 |
| Dividend payout ratio | 120.4% | 74.9% | 68.0% | 71.6% | 66.9% | 72.5% | 85.1% | 93.3% | 52.6% | 58.0% |
| Dividends + buybacks / free cash flow | 55.4% | 57.6% | 61.7% | 68.9% | 46.5% | 45.7% | 91.6% | 117.7% | 70.0% | 58.7% |
| Capex / revenue | 17.6% | 19.8% | 22.5% | 26.1% | 22.7% | 23.4% | 27.5% | 24.1% | 25.6% | 24.2% |
| Capex / operating cash flow | 40.4% | 48.2% | 55.5% | 63.0% | 47.6% | 48.9% | 67.7% | 69.1% | 66.4% | 59.5% |
| Capex / depreciation | 0.69 | 0.84 | 1.03 | 1.15 | 1.02 | 1.10 | 1.37 | 1.49 | 1.60 | 1.52 |
| R&D / revenue | — | — | — | 0.1% | 0.1% | 0.0% | 0.0% | — | — | — |
| SG&A / revenue | 16.9% | 17.3% | 16.8% | 16.8% | 16.5% | 16.2% | 15.3% | 16.5% | 17.6% | 18.6% |
| Efficiency | ||||||||||
| Days sales outstanding | 37.0 | 36.0 | 31.4 | 29.0 | 31.0 | 34.3 | 33.1 | 28.9 | 23.6 | 23.9 |
| Days of inventory on hand | 7.6 | 7.9 | 8.5 | 8.0 | 7.4 | 7.2 | 5.6 | 5.1 | 5.6 | 5.9 |
| Days payables outstanding | 119.4 | 128.8 | 146.8 | 149.0 | 144.0 | 141.0 | 123.0 | 114.9 | 134.1 | 145.6 |
| Cash conversion cycle (days) | -74.9 | -84.9 | -106.9 | -112.0 | -105.6 | -99.5 | -84.3 | -80.9 | -104.9 | -115.8 |
| Receivables turnover | 9.88 | 10.13 | 11.64 | 12.57 | 11.78 | 10.63 | 11.03 | 12.63 | 15.47 | 15.27 |
| Payables turnover | 3.06 | 2.83 | 2.49 | 2.45 | 2.54 | 2.59 | 2.97 | 3.18 | 2.72 | 2.51 |
| Inventory turnover | 48.27 | 45.95 | 43.05 | 45.37 | 49.16 | 51.00 | 65.33 | 71.48 | 65.17 | 62.02 |
| Asset turnover | 0.50 | 0.51 | 0.53 | 0.53 | 0.55 | 0.58 | 0.63 | 0.65 | 0.68 | 0.67 |
| Average receivables | IDR 14.86T | IDR 14.80T | IDR 12.82T | IDR 11.72T | IDR 12.16T | IDR 12.84T | IDR 12.28T | IDR 10.36T | IDR 8.29T | IDR 7.62T |
| Average payables | IDR 15.78T | IDR 16.97T | IDR 18.53T | IDR 17.81T | IDR 17.08T | IDR 15.45T | IDR 14.33T | IDR 15.17T | IDR 14.55T | IDR 13.76T |
| Average inventory | IDR 999.58B | IDR 1.05T | IDR 1.07T | IDR 961.50B | IDR 881.00B | IDR 784.00B | IDR 651.00B | IDR 674.00B | IDR 607.50B | IDR 556.00B |
| Intangibles / total assets | 3.2% | 5.9% | 5.9% | 5.6% | 5.4% | 5.5% | 4.3% | 3.1% | 2.5% | 2.5% |
Computed from TLK's annual financial statements (latest annual report filed May 15, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in IDR; data from EODHD. Averages use the opening and closing balance of each year.
TLK valuation and financial ratios
Perusahaan Perseroan PT Telekomunikasi Indonesia Tbk earned a return on equity of 12.8% and a return on invested capital of 15.1% in fiscal 2025. It ended the year with IDR 75.09 trillion of debt and IDR 35.73 trillion in cash and short-term investments, net debt of IDR 39.36 trillion. It returned IDR 21.08 trillion to shareholders: IDR 21.05 trillion in dividends and IDR 30.0 billion in share buybacks, 55% of free cash flow.
See the TLK income statement, the TLK chart for price history, or the TLK stock overview for the latest quote and news.
TLK key metrics FAQ
What is Perusahaan Perseroan PT Telekomunikasi Indonesia Tbk's return on equity?
Perusahaan Perseroan PT Telekomunikasi Indonesia Tbk's return on equity (ROE) was 12.8% in fiscal 2025: net income of IDR 17.49 trillion on average shareholders' equity of IDR 136.55 trillion.
What is Perusahaan Perseroan PT Telekomunikasi Indonesia Tbk's ROIC?
Perusahaan Perseroan PT Telekomunikasi Indonesia Tbk's return on invested capital was 15.1% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Perusahaan Perseroan PT Telekomunikasi Indonesia Tbk have?
Perusahaan Perseroan PT Telekomunikasi Indonesia Tbk had total debt of IDR 75.09 trillion at the end of fiscal 2025, a debt-to-equity ratio of 0.57 and IDR 39.36 trillion of net debt (0.54 times EBITDA).
Does Perusahaan Perseroan PT Telekomunikasi Indonesia Tbk buy back its shares?
Yes. Perusahaan Perseroan PT Telekomunikasi Indonesia Tbk spent IDR 30.0 billion on net share repurchases in fiscal 2025.
What is Perusahaan Perseroan PT Telekomunikasi Indonesia Tbk's current ratio?
Perusahaan Perseroan PT Telekomunikasi Indonesia Tbk's current ratio was 0.82 at the end of fiscal 2025: current assets were 0.82 times current liabilities.