PT Wahana Interfood Nusantara Tbk

The company's capital structure is highly leveraged, with a debt-to-equity ratio of 2.01, indicating a significant reliance on debt financing. Despite holding cash and equivalents of IDR 25.76 billion, the company's liquidity position is constrained by a negative net cash position after subtracting total debt. The current ratio of 2.7 suggests the company has sufficient short-term assets to cover its short-term liabilities, but the negative operating cash flow of IDR -29.73 billion and free cash flow of IDR -6.98 billion indicate ongoing cash outflows from operations.

Profitability metrics are weak, with a return on equity of -6.16% and a return on assets of -1.91%, both significantly below industry norms. The company reported a net loss of IDR 8.74 billion and an operating loss of IDR 1.13 billion, reflecting poor operational performance and cost management. Gross profit of IDR 5.75 billion is insufficient to cover operating expenses, contributing to the net loss.

The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification increases exposure to regional economic fluctuations and supply chain disruptions. The absence of segmental or geographic breakdown in the financial data limits the ability to assess risk distribution.

Growth trajectory is negative, with the company reporting a net loss in the latest period. Historical revenue data is not provided, but the current financial performance suggests a decline in profitability. The outlook for the current fiscal year is uncertain, with no clear indicators of improvement in the near term.

The company faces moderate liquidity risk due to negative operating cash flow and a high debt burden. The risk assessment indicates a medium liquidity risk and low dilution risk, with no immediate pressure for equity issuance. However, the negative net cash position and high debt-to-equity ratio suggest potential refinancing challenges.

Recent filings and transcripts are not disclosed in the available data, limiting the ability to assess management commentary or strategic initiatives. The absence of recent events or disclosures may indicate a lack of material developments or transparency in the company's operations.

The company generated IDR 13.5 billion in free cash flow in FY-4, demonstrating historical cash generation capability.

Cash conversion metrics rank best-in-class within the Food Processing cohort, indicating superior operational efficiency relative to peers.

A current ratio of 3.62 suggests strong short-term liquidity, providing a buffer against immediate financial obligations.

Revenue grew by 2.5% year-over-year in the latest period, showing slight top-line expansion despite broader challenges.

Dilution risk is assessed as low, suggesting limited immediate threat to existing shareholder equity value from share issuance.

The company faces high credit risk, signaling substantial concerns regarding its ability to meet debt obligations.

Operating and net margins fall in the bottom quartile of the Food Processing cohort, reflecting poor competitive positioning.