PT Multikarya Asia Pacific Ray
PT Multikarya Asia Pasifik Raya Tbk provides products and services to the oil and gas industry in Indonesia and Southeast Asia. The company offers rental, repair/recertification, maintenance, machining, and general trading services. It also provides reciprocating, centrifugal, and screw pumps; mud pump part and expendables, centrifugal pump parts, butterfly valves, gate valves, and handling tools… Read more
PT Multikarya Asia Pacific Ray (MKAP) - Total Assets
Latest total assets as of September 2025: Rp503.62 Billion IDR
Based on the latest financial reports, PT Multikarya Asia Pacific Ray (MKAP) holds total assets worth Rp503.62 Billion IDR as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
PT Multikarya Asia Pacific Ray - Total Assets Trend (2020–2024)
This chart illustrates how PT Multikarya Asia Pacific Ray’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
PT Multikarya Asia Pacific Ray - Asset Composition Analysis
Current Asset Composition (December 2024)
PT Multikarya Asia Pacific Ray's total assets of Rp503.62 Billion consist of 66.5% current assets and 33.5% non-current assets.
| Asset Category | Amount (IDR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Rp0.00 | 7.8% |
| Accounts Receivable | Rp89.55 Billion | 17.3% |
| Inventory | Rp134.72 Billion | 26.0% |
| Property, Plant & Equipment | Rp151.00 Billion | 29.1% |
| Intangible Assets | Rp145.55 Million | 0.0% |
| Goodwill | Rp0.00 | 0.0% |
Asset Composition Trend (2020–2024)
This chart illustrates how PT Multikarya Asia Pacific Ray's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: PT Multikarya Asia Pacific Ray's current assets represent 66.5% of total assets in 2024, an increase from 39.0% in 2020.
- Cash Position: Cash and equivalents constituted 7.8% of total assets in 2024, up from 0.8% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2020.
- Asset Diversification: The largest asset category is property, plant & equipment at 29.1% of total assets.
PT Multikarya Asia Pacific Ray Competitors by Total Assets
Key competitors of PT Multikarya Asia Pacific Ray based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Zhundong Petroleum
SHE:002207
|
China | CN¥399.19 Million |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
China | CN¥38.08 Billion |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
China | CN¥5.76 Billion |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
China | CN¥269.97 Million |
|
Reservoir Link Energy Bhd
KLSE:0219
|
Malaysia | RM215.28 Million |
|
Ocean Vantage Holdings Bhd
KLSE:0220
|
Malaysia | RM108.28 Million |
|
Aker Solutions OL
F:1AKA
|
Germany | €38.35 Billion |
|
Prime Oil Chemical Service Corp
TW:2904
|
Taiwan | NT$1.82 Billion |
PT Multikarya Asia Pacific Ray - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - PT Multikarya Asia Pacific Ray generates 0.69x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, PT Multikarya Asia Pacific Ray generates $7.83 in net profit.
PT Multikarya Asia Pacific Ray - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.04 | 1.59 | 1.80 |
| Quick Ratio | 1.04 | 1.04 | 1.04 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Rp159.40 Billion | Rp 135.39 Billion | Rp 67.75 Billion |
PT Multikarya Asia Pacific Ray - Advanced Valuation Insights
This section examines the relationship between PT Multikarya Asia Pacific Ray's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 19.83 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 79.0% |
| Total Assets | Rp519.16 Billion |
| Market Capitalization | $34.97 Million USD |
Valuation Analysis
Below Book Valuation: The market values PT Multikarya Asia Pacific Ray's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: PT Multikarya Asia Pacific Ray's assets grew by 79.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for PT Multikarya Asia Pacific Ray (2020–2024)
The table below shows the annual total assets of PT Multikarya Asia Pacific Ray from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Rp519.16 Billion | +78.97% |
| 2023-12-31 | Rp290.09 Billion | +21.91% |
| 2022-12-31 | Rp237.95 Billion | -7.88% |
| 2021-12-31 | Rp258.30 Billion | -1.03% |
| 2020-12-31 | Rp260.99 Billion | -- |