Berlina Tbk PT

Berlina Tbk PT has a debt-to-equity ratio of 1.36, indicating a moderate reliance on debt financing, and a current ratio of 0.99, suggesting limited short-term liquidity cushion. The company's liquidity position is assessed as medium risk, with negative net cash after subtracting total debt, signaling potential short-term financial strain. Profitability metrics show a return on equity of -1.38% and a return on assets of -0.46%, both significantly below the industry median for non-paper containers and packaging firms, which typically report positive returns. This underperformance is driven by a net loss of 8.05 billion IDR, despite a gross profit of 32.86 billion IDR, indicating high operating and non-operating expenses. 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 supply chain disruptions. Looking ahead, the company is projected to see a decline in revenue and earnings, with no clear path to profitability in the near term. Capital expenditures of 33.06 billion IDR have not translated into improved operating cash flow, as free cash flow remains negative at 1.72 billion IDR. The risk assessment highlights liquidity concerns and a net cash deficit after debt, but dilution risk is currently low. No recent equity issuance or dilutive events have been reported, and the company's shares outstanding remain unchanged between basic and diluted measures. Recent financial filings show a net loss for the period, with operating income of 10.22 billion IDR failing to offset non-operating expenses. No material events or earnings call transcripts have been disclosed in the latest reporting period.