Rig Tenders Tbk (RIGS) - Net Assets

Latest as of December 2025: Rp896.33 Billion IDR ≈ $52.52 Million USD

Based on the latest financial reports, Rig Tenders Tbk (RIGS) has net assets worth Rp896.33 Billion IDR (≈ $52.52 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp914.49 Billion ≈ $53.59 Million USD) and total liabilities (Rp18.15 Billion ≈ $1.06 Million USD). 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. Check Rig Tenders Tbk liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rp896.33 Billion
% of Total Assets	98.01%
Annual Growth Rate	3.05%
5-Year Change	48.99%
10-Year Change	-18.11%
Growth Volatility	393306.67

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. Also explore RIGS total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Rig Tenders Tbk (RIGS) market capitalisation.

Year	Net Assets	Change
2025-03-31	Rp853.98 Billion ≈ $50.04 Million	+12.63%
2024-03-31	Rp758.20 Billion ≈ $44.43 Million	+11.65%
2023-03-31	Rp679.11 Billion ≈ $39.79 Million	+9.77%
2022-03-31	Rp618.68 Billion ≈ $36.25 Million	+7.94%
2021-03-31	Rp573.18 Billion ≈ $33.59 Million	-10.71%
2020-03-31	Rp641.96 Billion ≈ $37.62 Million	+4.32%
2019-03-31	Rp615.41 Billion ≈ $36.06 Million	-13.44%
2018-03-31	Rp710.92 Billion ≈ $41.66 Million	-18.71%
2017-03-31	Rp874.57 Billion ≈ $51.25 Million	-16.14%
2016-03-31	Rp1.04 Trillion ≈ $61.11 Million	-12.35%
2015-03-31	Rp1.19 Trillion ≈ $69.72 Million	-0.71%
2014-03-31	Rp1.20 Trillion ≈ $70.21 Million	+1220907.17%
2013-12-31	Rp98.14 Million ≈ $5.75K	-99.99%
2013-03-31	Rp966.74 Billion ≈ $56.65 Million	+1549484.72%
2012-03-31	Rp62.39 Million ≈ $3.66K	-6.58%
2011-03-31	Rp66.78 Million ≈ $3.91K	+1.25%
2010-03-31	Rp65.96 Million ≈ $3.86K	+4.63%
2009-03-31	Rp63.04 Million ≈ $3.69K	-2.88%
2008-03-31	Rp64.91 Million ≈ $3.80K	+2.61%
2007-03-31	Rp63.26 Million ≈ $3.71K	-3.18%
2006-03-31	Rp65.34 Million ≈ $3.83K	+3.69%
2005-03-31	Rp63.01 Million ≈ $3.69K	-99.99%
2004-03-31	Rp439.01 Billion ≈ $25.72 Million	-0.33%
2003-03-31	Rp440.47 Billion ≈ $25.81 Million	--

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
Wanted Lab Inc. KQ:376980	$24.28 Million
Riversgold Ltd AU:RGL	$24.29 Million
First Au Ltd AU:FAU	$24.29 Million
Shinhwa Contech Co. Ltd KQ:187270	$24.31 Million
Canna Global Acquisition Corp NYSE:CNGL	$24.27 Million
Ark Restaurants Corp NASDAQ:ARKR	$24.27 Million
PLB Engineering Bhd KLSE:7055	$24.27 Million
Holaluz-Clidom S.A MC:HLZ	$24.26 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	Rp680.00	x
2014-03-31	Rp1967.15	Rp680.00	x
2015-03-31	Rp1953.22	Rp680.00	x
2016-03-31	Rp1711.99	Rp680.00	x
2017-03-31	Rp1435.76	Rp680.00	x
2018-03-31	Rp1167.11	Rp680.00	x
2019-03-31	Rp1010.31	Rp680.00	x
2020-03-31	Rp1053.90	Rp680.00	x
2021-03-31	Rp928.47	Rp680.00	x
2022-03-31	Rp1015.68	Rp680.00	x
2023-03-31	Rp1114.89	Rp680.00	x
2024-03-31	Rp1244.73	Rp680.00	x
2025-03-31	Rp1401.97	Rp680.00	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 (-0.39%), 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	2.25%	4.26%	0.48x	1.10x	Rp-49.75 Billion
2021	-12.45%	-28.67%	0.39x	1.10x	Rp-126.95 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: $103,979,513,591
Average return on equity (ROE) among peers: 7.70%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Rig Tenders Tbk (RIGS)	Rp896.33 Billion	2.62%	0.02x	$24.27 Million
Pelayaran Nasional Bina Buana Raya (BBRM)	$69.16 Million	-11.36%	1.03x	$31.24 Million
Batulicin Nusantara Maritim Tbk PT (BESS)	$572.54 Billion	13.87%	0.20x	$227.80 Million
Berlian Laju Tanker Tbk PT (BLTA)	$353.01 Million	22.89%	5.23x	$57.72 Million
Bintang Samudera Mandiri Lines Tbk PT (BSML)	$51.19 Billion	0.84%	3.10x	$43.37 Million
Buana Listya Tama Tbk PT (BULL)	$101.58 Million	-41.02%	1.52x	$463.04 Million
Capitol Nusantara Indonesia (CANI)	$12.07 Million	0.00%	5.77x	$6.89 Million
GTS Internasional Tbk PT (GTSI)	$60.27 Million	22.04%	0.70x	$203.93 Million
Habco Trans Maritima (HATM)	$369.96 Billion	24.37%	0.18x	$155.64 Million
Humpuss Intermoda Transportasi (HITS)	$21.16 Million	12.76%	6.53x	$48.27 Million
Tanah Laut Tbk (INDX)	$45.49 Billion	32.64%	2.31x	$2.67 Million

About Rig Tenders Tbk

JK:RIGS Indonesia Marine Shipping

Market Cap

$24.27 Million

Rp414.21 Billion IDR

Market Cap Rank

#24426 Global

#521 in Indonesia

Share Price

Rp680.00

Change (1 day)

+1.49%

52-Week Range

Rp655.00 - Rp900.00

All Time High

Rp1150.00