Goodyear Indonesia Tbk PT

Goodyear Indonesia Tbk maintains a strong liquidity position with a current ratio of 1.06, indicating that its current assets slightly exceed its current liabilities. The company's liquidity_fpt score of 8.2 suggests a moderate level of liquidity risk, with free cash flow of $4.07 million supporting short-term obligations [doc:103]. However, the company reports negative net cash after subtracting total debt, which is a key liquidity flag [doc:104]. Profitability metrics show a return on equity (ROE) of 4.2% and a return on assets (ROA) of 2.47%. These figures are below the industry_config preferred metrics for Tires & Rubber Products, which typically require ROE above 8% and ROA above 4% to be considered strong performers. The company's operating margin of 1.58% (calculated from operating income of $2.47 million on revenue of $156.08 million) is also below the cohort median of 3.2% [doc:105]. The company's revenue is concentrated in two primary segments: passenger vehicle tires and commercial vehicle tires. No geographic breakdown is provided in the input data, but the company's operations are primarily based in Indonesia. The lack of geographic diversification may expose the company to regional economic and regulatory risks [doc:106]. Outlook data indicates a projected revenue growth of 2.1% for the current fiscal year and 1.8% for the next fiscal year. This growth is modest compared to the industry average of 4.5% and is driven by stable demand in the OE and fleet segments. The company's capital expenditure of -$5.64 million suggests a reduction in investment, which may impact long-term growth potential [doc:107]. Risk assessment highlights a medium liquidity risk and low dilution risk. The company has not issued additional shares in the past 12 months, and the dilution_potential_basic score is 0.15, indicating minimal dilution pressure. However, the negative net cash position and the presence of $1.15 million in long-term debt suggest potential refinancing risks [doc:108]. Recent events include a 10-K filing that outlines risks related to raw material price volatility and supply chain disruptions. The company also reported a 12% increase in OE segment sales in Q3 2024, driven by new contracts with automotive OEMs in Southeast Asia [doc:109].