Habco Trans Maritima Tbk PT

Habco Trans Maritima Tbk PT maintains a strong liquidity position, with a current ratio of 6.09, indicating a robust ability to meet short-term obligations. The company's liquidity FPT (free cash flow to total debt) is 0.235, suggesting that free cash flow is sufficient to cover a portion of its long-term debt obligations. However, the company has a negative net cash position after subtracting total debt, which introduces a medium liquidity risk.

In terms of profitability, the company's return on equity (ROE) is 4.35%, and return on assets (ROA) is 3.34%. These figures are below the industry median for ROE and ROA in the Marine Port Services sector, indicating that the company is underperforming relative to its peers in terms of capital efficiency and asset utilization.

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 regulatory changes. The absence of segment-specific revenue breakdowns in the latest financial report limits the ability to assess the performance of individual business lines.

Looking ahead, the company's revenue is projected to grow by 5.2% in the current fiscal year and 3.8% in the next fiscal year. This growth is driven by increased demand in maritime freight and port operations. However, the company's operating cash flow has remained relatively stable over the past three years, with a year-over-year change of 2.1% in the most recent period.

The company faces a medium risk profile, with a composite risk score reflecting exposure to liquidity constraints and potential dilution. The dilution potential is currently low, as the number of shares outstanding has not changed between basic and diluted shares. However, the company's debt-to-equity ratio of 0.24 suggests that it could consider issuing equity to fund future growth, which may increase dilution risk in the future.

Recent filings and transcripts indicate that the company is focused on expanding its port operations and improving efficiency in maritime logistics. The company has also disclosed plans to invest in new infrastructure to support growing demand. No major regulatory or legal issues have been reported in the latest filings.

Revenue grew 37.5% annually over three years, demonstrating strong top-line expansion for the marine port services company.

Debt-to-equity ratio of 0.24 is below the 0.29 cohort median, suggesting a conservative capital structure with lower leverage risk.

Free cash flow improved by 32.3% year-over-year, showing a positive trend in cash generation despite recent volatility.

The company faces high credit risk, which could impair financial stability and increase borrowing costs or default probability.

Return on equity of 4.35% trails the 5.27% cohort median, indicating less efficient use of shareholder capital than peers.

Free cash flow turned negative at -171.5 billion IDR in the latest period, raising concerns about liquidity and capital expenditure.

Medium liquidity risk flags potential challenges in meeting short-term obligations, adding uncertainty to the company's financial health.