Indonesia Kendaraan Terminal Tbk PT

The company maintains a strong liquidity position, with a current ratio of 5.13, indicating a significant buffer of current assets over current liabilities. Its cash and equivalents amount to 650,000,000,000 IDR, which supports operational flexibility and short-term obligations. The debt-to-equity ratio of 0.32 suggests a conservative capital structure, with total liabilities at 556,571,046,000 IDR and total equity at 1,261,254,651,000 IDR. This low leverage supports financial stability and reduces the risk of insolvency.

Profitability metrics show a return on equity of 3.04% and a return on assets of 2.11%, which are below the industry median for marine port services. The net income of 38,387,797,000 IDR is derived from a revenue base of 175,637,819,000 IDR, with a gross profit margin of 40.3%. These figures suggest that the company is generating acceptable but not exceptional returns relative to its asset base and equity.

The company's revenue is concentrated in its core marine port services, with no disclosed segment breakdown. Geographically, the company operates primarily in Indonesia, with no material international revenue exposure reported. This concentration may limit diversification benefits and increase vulnerability to local economic or regulatory shifts.

Looking ahead, the company is expected to maintain a stable revenue trajectory, with no significant growth or contraction projected in the current or next fiscal year. The capital expenditure of -12,130,723,000 IDR indicates ongoing investment in infrastructure, which is typical for the marine port services industry. However, the free cash flow of 35,995,620,000 IDR provides flexibility for reinvestment or shareholder returns.

The risk assessment indicates a low probability of liquidity or dilution issues, with no immediate filing-based flags detected. The company's conservative debt levels and strong cash reserves reduce the likelihood of financial distress. Additionally, the absence of dilution risk suggests that the company is not planning significant equity issuances in the near term.

Recent filings and transcripts do not highlight any material events or strategic shifts. The company's operations remain focused on its core marine port services, with no significant new initiatives or challenges disclosed in the latest available documents.

Revenue grew 15.8% annually over four years, demonstrating strong top-line expansion for the terminal operator.

Net income surged 43.8% annually over four years, significantly outpacing revenue growth and indicating operating leverage.

Free cash flow nearly doubled year-over-year, rising 119.8% to IDR 221.4 billion in the latest period.

Return on equity of 3.0% lags the 5.3% median for the Marine Port Services peer group.

Return on assets of 2.1% indicates relatively low efficiency in generating profits from total assets.

Debt-to-equity ratio of 0.32 is slightly higher than the 0.29 median for the peer cohort.

Long-term debt increased to IDR 476.5 billion in the latest fiscal year, up from IDR 428.7 billion prior.