PT Futura Energi Global Tbk

The company's capital structure is characterized by a very low debt-to-equity ratio of 0.0, indicating a nearly all-equity funded balance sheet. With total equity of 177,918,321,340 IDR and total liabilities of 12,049,459,290 IDR, the company maintains a strong current ratio of 13.59, suggesting robust short-term liquidity. However, the company's operating cash flow is negative at -109,879,254,750 IDR, and free cash flow is also negative at -4,903,194,830 IDR, indicating ongoing cash outflows from operations.

Profitability metrics are negative, with a return on equity of -5.28% and a return on assets of -4.95%, both significantly below the industry median for renewable energy equipment and services. The company reported a net loss of 9,398,126,440 IDR, with operating income also in the red at -12,172,284,950 IDR. These figures suggest the company is not currently generating returns for shareholders or effectively utilizing its asset base.

The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification in the provided data. This lack of segment or geographic diversification increases exposure to sector-specific and regional risks.

Looking ahead, the company is expected to continue facing financial challenges. The negative operating cash flow and free cash flow suggest ongoing operational inefficiencies or high capital expenditures. The capital expenditure of -10,643,027,630 IDR indicates significant investment in infrastructure or expansion, which may not yet be generating returns. The company's revenue growth trajectory is not clearly defined in the data, but the negative net income and operating income suggest a lack of current growth momentum.

The risk assessment indicates low liquidity and dilution risk, with no immediate filing-based flags detected. However, the company's negative cash flows and profitability metrics suggest potential long-term liquidity risks if operational performance does not improve. The dilution potential is also low, with no near-term pressure expected. The company has not made any recent public filings or transcripts that would indicate significant changes in its financial or operational strategy.

Net income surged 813.4% year-over-year to IDR 4.7 billion, demonstrating a dramatic turnaround in profitability for the latest fiscal period.

Free cash flow improved by 302.7% to IDR 18.2 billion, indicating significantly stronger cash generation capabilities compared to the prior year.

Operating income jumped 783.8% to IDR 7.7 billion, reflecting a substantial recovery in core operational efficiency and earnings power.

The company exhibits best-in-class cash conversion at 11.69, vastly outperforming the cohort median of 0.57 in the renewable energy sector.

With a debt-to-equity ratio of 0.0, the firm ranks in the top quartile for leverage safety compared to its peer group.

Return on equity is negative at -5.28%, underperforming the cohort median of -0.2% and suggesting poor capital efficiency for shareholders.