Indo Kordsa Tbk PT

Indo Kordsa Tbk has a current liquidity position with a current ratio of 2.91, indicating the company can cover its short-term liabilities with its short-term assets. However, the company's free cash flow is negative at -4,189,930 USD, suggesting that capital expenditures are outpacing operating cash flow. The company's debt-to-equity ratio is 0.01, indicating a low level of leverage and a conservative capital structure. The company's profitability is currently negative, with a return on equity of -1.09% and a return on assets of -0.86%. This is below the typical performance metrics for the Tires & Rubber Products industry, which usually expects positive returns on equity and assets. The company's operating income is negative at -1,662,090 USD, and its net income is also negative at -2,320,730 USD. These figures suggest that the company is not currently generating sufficient revenue to cover its operating costs and is experiencing a net loss. Indo Kordsa Tbk operates in three segments: Tyre cord fabric, Nylon yarn, and Polyester yarn. The company's revenue is derived from the sale of tire cord fabric, nylon and polyester yarns, and raw materials for tire production. The company's geographic exposure is primarily in Indonesia, with additional operations in Thailand through its subsidiary Thai Indo Kordsa Co., Ltd. (TIK). The company's revenue concentration is not disclosed, but its operations are primarily focused on the domestic and international tire manufacturing markets. The company's growth trajectory is uncertain, as its current financial performance is negative. The company's revenue for the latest period is 124,279,600 USD, but there is no indication of a positive growth trend. The company's operating cash flow is 25,423,520 USD, which is a positive sign, but it is not sufficient to cover capital expenditures of -13,387,410 USD. The company's future growth will depend on its ability to improve profitability and manage its capital expenditures effectively. The company's risk assessment indicates a medium level of liquidity risk and a low level of dilution risk. The key flag of concern is that the company's net cash is negative after subtracting total debt, which could impact its ability to meet short-term obligations. The company's dilution potential is low, and there are no significant adjustments applied to its valuations. The company's risk profile is influenced by its operating performance and capital structure. Recent events and filings indicate that the company's financial performance has been challenging. The company's last actual EPS was 211.00 USD, and its last actual revenue was 1,637,886,000,000 USD. These figures suggest that the company's revenue is significantly higher than its reported revenue in the latest financial snapshot, which may indicate a discrepancy or a change in reporting periods. The company's financial performance will need to be closely monitored to assess its future prospects.