Agro Bahari Nusantara Tbk PT

Agro Bahari Nusantara Tbk has a current ratio of 2.7, indicating a strong short-term liquidity position relative to its current liabilities. However, the company's free cash flow is negative at -3.88 billion IDR, and capital expenditures are substantial at -5.17 billion IDR, suggesting ongoing investment in its aquaculture operations. The company's liquidity risk is assessed as medium, with a key flag indicating that net cash is negative after subtracting total debt. The company's profitability is currently negative, with a return on equity of -6.62% and a return on assets of -6.13%. These figures are below the typical performance metrics for the aquaculture industry, which often emphasize gross margin stability and asset turnover efficiency. The company's operating income is -4.05 billion IDR, and net income is -3.43 billion IDR, indicating a significant loss in the latest reporting period. The company's revenue is primarily derived from its Shrimp and Non-shrimp segments, with the Shrimp segment being the core business. The geographic exposure is concentrated in Indonesia, where the company operates its aquaculture facilities. The company's revenue concentration in a single country and a single primary product line increases its vulnerability to regional and product-specific risks. The company's growth trajectory is uncertain, with no specific numeric deltas provided for the current or next fiscal year. The company's capital expenditures suggest ongoing investment in its operations, but the negative free cash flow indicates that these investments are not yet generating positive cash returns. The company's operating cash flow is positive at 166.5 million IDR, but this is insufficient to offset the capital expenditures. The company's risk assessment indicates a low dilution potential, with shares outstanding for both basic and diluted shares being the same at 1.75 billion. The company's debt-to-equity ratio is 0.01, indicating a low level of leverage. However, the negative net cash position after subtracting total debt is a key risk flag. Recent events and filings have not been provided in the input data, so no specific recent developments can be cited. The company's financial performance and risk profile suggest that it is in a challenging phase, with significant losses and ongoing capital investments. The company's ability to turn around its profitability and generate positive cash flows will be critical for its long-term viability.