Eratex Djaja Tbk PT

The company's capital structure is characterized by a high debt-to-equity ratio of 1.16, indicating a significant reliance on debt financing. Its liquidity position is moderate, with a current ratio of 1.44, suggesting the company can cover its short-term liabilities with its short-term assets. However, the company's net cash position is negative after subtracting total debt, which raises concerns about its liquidity [doc:Ertex_JK_Valuation_Snapshot]. In terms of profitability, the company's return on equity (ROE) is 7.4%, and its return on assets (ROA) is 2.85%. These figures are below the industry median for ROE and ROA, indicating that the company is underperforming its peers in terms of generating returns from its equity and assets [doc:Ertex_JK_Valuation_Snapshot]. The company's revenue is primarily concentrated in Indonesia, with its factory located in Probolinggo, East Java. It operates through two subsidiaries, PT Eratex (Hongkong) Ltd and PT Eratex Garment. The company's exposure to geographic and market risks is primarily within the Indonesian market, with no significant international diversification [doc:Ertex_JK_Description]. The company's growth trajectory is uncertain, with no clear direction provided for the current or next fiscal year. The company's revenue history does not indicate a consistent growth pattern, and the outlook for the next fiscal year is not specified. The company's capital expenditure is negative, indicating a reduction in investment in physical assets [doc:Ertex_JK_Financial_Snapshot]. The company's risk assessment indicates a medium level of liquidity risk and a low level of dilution risk. The key flag of negative net cash after subtracting total debt suggests potential liquidity constraints. The company's dilution potential is low, and no adjustments have been applied to its valuation metrics [doc:Ertex_JK_Risk_Assessment]. Recent events and filings do not provide specific details on the company's recent performance or strategic initiatives. The company's financial performance, as reflected in its last actual EPS of -140.38 USD and last actual revenue of 334,280,000,000 USD, indicates a challenging operating environment [doc:Ertex_JK_IR_Observations].