Capitalinc Investment Tbk PT

Capitalinc Investment Tbk PT has a negative equity position of -397,081,078,850 IDR, indicating a significant financial leverage and a negative net worth. The company's liquidity position is assessed as medium, with a current ratio of 0.63, suggesting that it may struggle to meet short-term obligations. The market capitalization of 509,473,325,632 IDR reflects a market price of 16 IDR per share, but the company's enterprise value to revenue ratio of 3.77 indicates a relatively high valuation compared to its revenue.

The company's profitability is weak, with a net income of -12,387,496,220 IDR and an operating income of -6,473,567,350 IDR. The return on equity of 0.0312 and return on assets of -0.0245 further highlight the poor performance relative to industry standards. The debt-to-equity ratio of -0.01 suggests that the company is financed more by debt than equity, which is a concerning sign for long-term stability.

Capitalinc Investment Tbk PT's revenue is concentrated in the oil and gas exploration and production segment, with no disclosed geographic diversification. The company's exposure to a single business line increases its vulnerability to market fluctuations and regulatory changes in the fossil fuel industry.

The company's growth trajectory is negative, with a net income decline and a free cash flow of -10,974,799,190 IDR. The capital expenditure of -177,975,770 IDR indicates a reduction in investment, which may affect future production capacity and revenue growth. The operating cash flow of -89,558,790 IDR further underscores the company's financial challenges.

The risk assessment highlights liquidity concerns, with a medium risk rating and a key flag indicating negative net cash after subtracting total debt. The dilution risk is assessed as low, but the company's negative equity and high debt levels pose significant financial risks. The company's recent financial performance and negative cash flows suggest a high probability of further financial distress.

Recent events and filings indicate that the company has not issued new shares or raised capital through public offerings. The absence of recent capital raising activities suggests that the company is not actively seeking to improve its liquidity position. The company's financial statements show a consistent pattern of losses, which may affect investor confidence and access to capital markets.

Capital expenditure to revenue ratio is significantly above the 75th percentile, implying minimal capital intensity requirements.

Debt-to-equity ratio of -0.01 is well above the 75th percentile, reflecting a conservative leverage profile compared to peers.

Revenue grew 9.2% year-over-year in fiscal 2009, demonstrating top-line expansion despite broader industry challenges.

Operating margin of -4.74% trails the cohort median of -0.05%, indicating inferior operational efficiency compared to industry peers.

Revenue declined at a 4-year CAGR of 8.6%, pointing to a long-term contraction in business scale and market share.

Revenue IDR 125.33B, −10,6% YoY; Operating income +127,8% YoY.

• ▍Revenue IDR 125.33B, −10,6% YoY
• ▍Operating income +127,8% YoY
• ▍Net income −152,6% YoY
• ▍Free cash flow −152,3% YoY
• ▍Net margin -3.2%

Revenue IDR 123.38B, −7,4% YoY; Operating income +3,6% YoY.

• ▍Revenue IDR 123.38B, −7,4% YoY
• ▍Operating income +3,6% YoY
• ▍Net income +342,0% YoY
• ▍Net margin 8.6%

Revenue IDR 137.01B, +2,0% YoY; Operating income +90,0% YoY.

• ▍Revenue IDR 137.01B, +2,0% YoY
• ▍Operating income +90,0% YoY
• ▍Net income +31,2% YoY
• ▍Free cash flow +36,9% YoY
• ▍Net margin -7.1%

Revenue IDR 123.38B, −9,7% YoY; Operating income −76,6% YoY.

• ▍Revenue IDR 123.38B, −9,7% YoY
• ▍Operating income −76,6% YoY
• ▍Net income −510,8% YoY
• ▍Free cash flow −580,0% YoY
• ▍Net margin -61.3%

Revenue IDR 140.22B; Operating income -IDR 9.96B.

• ▍Revenue IDR 140.22B
• ▍Operating income -IDR 9.96B
• ▍Net margin 5.4%

Revenue IDR 133.22B; Operating income IDR 2.66B.

• ▍Revenue IDR 133.22B
• ▍Operating income IDR 2.66B
• ▍Net margin -3.3%

Revenue IDR 134.29B; Operating income -IDR 8.74B.

• ▍Revenue IDR 134.29B
• ▍Operating income -IDR 8.74B
• ▍Net margin -10.5%

Revenue IDR 136.69B; Operating income -IDR 6.47B.

• ▍Revenue IDR 136.69B
• ▍Operating income -IDR 6.47B
• ▍Net margin -9.1%

Revenue IDR 531.11B, +9,2% YoY; Operating income −0,9% YoY.

• ▍Revenue IDR 531.11B, +9,2% YoY
• ▍Operating income −0,9% YoY
• ▍Net income −193,2% YoY
• ▍Free cash flow −201,6% YoY
• ▍Net margin -16.3%

Revenue IDR 486.21B, +15,6% YoY; Operating income +72,1% YoY.

• ▍Revenue IDR 486.21B, +15,6% YoY
• ▍Operating income +72,1% YoY
• ▍Net income +91,3% YoY
• ▍Free cash flow +91,6% YoY
• ▍Net margin -6.1%

Revenue IDR 420.76B, +18,8% YoY; Operating income −4 418,3% YoY.

• ▍Revenue IDR 420.76B, +18,8% YoY
• ▍Operating income −4 418,3% YoY
• ▍Net income −5 548,1% YoY
• ▍Free cash flow −6 040,0% YoY
• ▍Net margin -80.3%

Revenue IDR 354.24B, −53,5% YoY; Operating income +90,5% YoY.

• ▍Revenue IDR 354.24B, −53,5% YoY
• ▍Operating income +90,5% YoY
• ▍Net income +82,2% YoY
• ▍Free cash flow +80,2% YoY
• ▍Net margin -1.7%