Elnusa Tbk PT

Elnusa Tbk PT maintains a strong liquidity position with a current ratio of 1.49 and free cash flow of 686.48 billion IDR, though net cash is negative after subtracting total debt, indicating potential liquidity risk [doc:HA-latest]. The company's debt-to-equity ratio of 0.12 suggests a conservative capital structure, with long-term debt at 649.87 billion IDR and total equity at 5.31 trillion IDR [doc:HA-latest]. Profitability metrics show a return on equity of 13.52% and return on assets of 6.55%, outperforming the industry median for integrated oil and gas firms. Operating income of 843.40 billion IDR and net income of 718.41 billion IDR reflect strong operational performance, supported by a gross profit of 1.45 trillion IDR [doc:HA-latest]. The company's revenue is concentrated in its core upstream and downstream operations, with no disclosed geographic diversification. This concentration may expose the firm to regional market volatility and regulatory shifts [doc:HA-latest]. Outlook for the current fiscal year indicates stable revenue growth, with no significant changes in capital expenditure or operating cash flow expected. The company's capital expenditure of -449.21 billion IDR suggests a focus on cost optimization rather than expansion [doc:HA-latest]. Risk assessment highlights medium liquidity risk and low dilution potential, with no immediate pressure for equity issuance. The company's risk profile is further supported by a low debt-to-equity ratio and strong free cash flow generation [doc:HA-latest]. Recent filings and transcripts indicate no material changes in the company's strategic direction or operational performance. Analysts maintain a strong buy rating, with a mean price target of 1,450.00 IDR and a median recommendation of 1.00 [doc:].