Rig Tenders Tbk
PT Rig Tenders Indonesia Tbk provides marine logistics services for the oil and coal industry in Indonesia. It offers vessels to support operations such as seismic survey support; anchor handling; mobilization/de-mobilization towing; assisting and mooring of FPSO, FSO, tankers, platforms, and rigs; fire-fighting and oil spill recovery; running cargoes to platforms and rigs; general logistic suppo… Read more
Rig Tenders Tbk (RIGS) - Net Assets
Latest net assets as of September 2025: Rp869.46 Billion IDR
Based on the latest financial reports, Rig Tenders Tbk (RIGS) has net assets worth Rp869.46 Billion IDR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp887.00 Billion) and total liabilities (Rp17.54 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp869.46 Billion |
| % of Total Assets | 98.02% |
| Annual Growth Rate | 3.05% |
| 5-Year Change | 48.99% |
| 10-Year Change | -18.11% |
| Growth Volatility | 458339.7 |
Rig Tenders Tbk - Net Assets Trend (2003–2025)
This chart illustrates how Rig Tenders Tbk's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Rig Tenders Tbk (2003–2025)
The table below shows the annual net assets of Rig Tenders Tbk from 2003 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rp853.98 Billion | +12.63% |
| 2024-03-31 | Rp758.20 Billion | +11.65% |
| 2023-03-31 | Rp679.11 Billion | +9.77% |
| 2022-03-31 | Rp618.68 Billion | +7.94% |
| 2021-03-31 | Rp573.18 Billion | +1286770.40% |
| 2020-03-31 | Rp44.54 Million | -99.99% |
| 2019-03-31 | Rp615.41 Billion | -13.44% |
| 2018-03-31 | Rp710.92 Billion | -18.71% |
| 2017-03-31 | Rp874.57 Billion | -16.14% |
| 2016-03-31 | Rp1.04 Trillion | -12.35% |
| 2015-03-31 | Rp1.19 Trillion | -0.71% |
| 2014-03-31 | Rp1.20 Trillion | +1220907.17% |
| 2013-12-31 | Rp98.14 Million | -99.99% |
| 2013-03-31 | Rp966.74 Billion | +1549484.72% |
| 2012-03-31 | Rp62.39 Million | -6.58% |
| 2011-03-31 | Rp66.78 Million | +1.25% |
| 2010-03-31 | Rp65.96 Million | +4.63% |
| 2009-03-31 | Rp63.04 Million | -2.88% |
| 2008-03-31 | Rp64.91 Million | +2.61% |
| 2007-03-31 | Rp63.26 Million | -3.18% |
| 2006-03-31 | Rp65.34 Million | +3.69% |
| 2005-03-31 | Rp63.01 Million | -99.99% |
| 2004-03-31 | Rp439.01 Billion | -0.33% |
| 2003-03-31 | Rp440.47 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rig Tenders Tbk's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 1221.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp60.91 Billion | 7.13% |
| Other Comprehensive Income | Rp553.22 Billion | 64.78% |
| Other Components | Rp376.43 Billion | 44.08% |
| Total Equity | Rp853.98 Billion | 100.00% |
Rig Tenders Tbk Competitors by Market Cap
The table below lists competitors of Rig Tenders Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cryosite Ltd
AU:CTE
|
$5.03 Million |
|
FABFF
PINK:FABFF
|
$5.03 Million |
|
ELL ENVIRON.HLDGS HD-0001
F:6EL
|
$5.03 Million |
|
Ramp Metals Inc.
V:RAMP
|
$5.03 Million |
|
Limitless X Holdings Inc.
OTCQB:LIMX
|
$5.03 Million |
|
Emerge Commerce Ltd
PINK:EMCMF
|
$5.02 Million |
|
Nisun International Enterprise Development Group Co Ltd
NASDAQ:NISN
|
$5.02 Million |
|
Advance ZincTek Limited
OTCGREY:ADVNF
|
$5.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rig Tenders Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 758,203,306,000 to 853,979,025,000, a change of 95,775,719,000 (12.6%).
- Net income of 95,645,152,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 553,184,706,000.
- Other factors decreased equity by 553,054,139,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp95.65 Billion | +11.2% |
| Other Comprehensive Income | Rp553.18 Billion | +64.78% |
| Other Changes | Rp-553.05 Billion | -64.76% |
| Total Change | Rp- | 12.63% |
Book Value vs Market Value Analysis
This analysis compares Rig Tenders Tbk's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.49x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-03-31 | Rp1587.08 | Rp690.00 | x |
| 2014-03-31 | Rp1967.15 | Rp690.00 | x |
| 2015-03-31 | Rp1953.22 | Rp690.00 | x |
| 2016-03-31 | Rp1711.99 | Rp690.00 | x |
| 2017-03-31 | Rp1435.76 | Rp690.00 | x |
| 2018-03-31 | Rp1167.11 | Rp690.00 | x |
| 2019-03-31 | Rp1010.31 | Rp690.00 | x |
| 2020-03-31 | Rp0.07 | Rp690.00 | x |
| 2021-03-31 | Rp940.98 | Rp690.00 | x |
| 2022-03-31 | Rp1015.68 | Rp690.00 | x |
| 2023-03-31 | Rp1114.89 | Rp690.00 | x |
| 2024-03-31 | Rp1244.73 | Rp690.00 | x |
| 2025-03-31 | Rp1401.97 | Rp690.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rig Tenders Tbk utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 11.20%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.14%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 1.02x
- Recent ROE (11.20%) is above the historical average (-0.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 2.62% | 5.21% | 0.48x | 1.05x | Rp-32.51 Billion |
| 2004 | 6.60% | 16.83% | 0.38x | 1.04x | Rp-14.91 Billion |
| 2005 | 9.77% | 26.03% | 0.36x | 1.04x | Rp-142.40K |
| 2006 | 8.41% | 21.11% | 0.38x | 1.04x | Rp-1.04 Million |
| 2007 | 2.71% | 5.25% | 0.31x | 1.66x | Rp-4.61 Million |
| 2008 | 4.62% | 6.32% | 0.47x | 1.55x | Rp-3.49 Million |
| 2009 | 3.34% | 4.24% | 0.47x | 1.67x | Rp-4.20 Million |
| 2010 | 5.61% | 7.76% | 0.47x | 1.55x | Rp-2.89 Million |
| 2011 | 0.25% | 0.40% | 0.44x | 1.47x | Rp-6.51 Million |
| 2013 | 6.05% | 6.74% | 0.54x | 1.67x | Rp-38.16 Billion |
| 2015 | -2.34% | -4.97% | 0.32x | 1.47x | Rp-146.79 Billion |
| 2016 | -15.48% | -41.12% | 0.25x | 1.51x | Rp-265.75 Billion |
| 2017 | -19.87% | -61.13% | 0.21x | 1.53x | Rp-261.25 Billion |
| 2018 | -27.24% | -60.17% | 0.29x | 1.55x | Rp-264.77 Billion |
| 2019 | -19.72% | -30.15% | 0.45x | 1.46x | Rp-182.88 Billion |
| 2020 | 2.81% | 4.26% | 0.60x | 1.10x | Rp-3.20 Million |
| 2021 | -12.28% | -28.67% | 0.39x | 1.09x | Rp-127.72 Billion |
| 2022 | 5.79% | 11.54% | 0.48x | 1.05x | Rp-26.06 Billion |
| 2023 | 9.21% | 18.29% | 0.49x | 1.03x | Rp-5.40 Billion |
| 2024 | 10.42% | 22.70% | 0.45x | 1.02x | Rp3.16 Billion |
| 2025 | 11.20% | 26.14% | 0.42x | 1.02x | Rp10.25 Billion |
Industry Comparison
This section compares Rig Tenders Tbk's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $303,238,403,323
- Average return on equity (ROE) among peers: 20.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rig Tenders Tbk (RIGS) | Rp869.46 Billion | 2.62% | 0.02x | $5.03 Million |
| PT Ancara Logistics Indonesia (ALII) | $196.24 Billion | 96.37% | 5.20x | $150.19 Million |
| Pelayaran Nasional Bina Buana Raya (BBRM) | $56.71 Million | 12.36% | 1.47x | $5.32 Million |
| Batulicin Nusantara Maritim Tbk PT (BESS) | $61.00 Billion | 38.10% | 2.15x | $42.15 Million |
| Berlian Laju Tanker Tbk PT (BLTA) | $533.72 Million | 26.42% | 3.24x | $47.22 Million |
| Bintang Samudera Mandiri Lines Tbk PT (BSML) | $108.60 Billion | 14.75% | 1.49x | $6.83 Million |
| Buana Listya Tama Tbk PT (BULL) | $1.04 Trillion | 0.00% | 0.57x | $8.08 Million |
| Capitol Nusantara Indonesia (CANI) | $-238.38 Billion | 0.00% | 0.00x | $1.34 Million |
| PT Cakra Buana Resources Energ (CBRE) | $-947.22 Million | 0.00% | 0.00x | $47.72 Million |
| PT Pelayaran Nasional Ekalya P (ELPI) | $1.87 Trillion | 8.34% | 0.26x | $98.43 Million |
| GTS Internasional Tbk PT (GTSI) | $56.96 Million | 4.67% | 1.17x | $31.86 Million |