PT Multikarya Asia Pacific Ray (MKAP) - Total Assets
Based on the latest financial reports, PT Multikarya Asia Pacific Ray (MKAP) holds total assets worth Rp509.10 Billion IDR (≈ $29.83 Million USD) as of June 2026. 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 (2020–2025)
This chart illustrates how PT Multikarya Asia Pacific Ray's total assets have evolved over time, based on quarterly financial data. Also see MKAP market cap for the company's overall valuation and market capitalisation.
PT Multikarya Asia Pacific Ray - Asset Composition Analysis
Current Asset Composition (December 2025)
PT Multikarya Asia Pacific Ray's total assets of Rp509.10 Billion consist of 66.3% current assets and 33.7% non-current assets. Review MKAP current and long-term liabilities to assess the company's total debt and financial obligations.
| Asset Category | Amount (IDR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Rp0.00 | 1.5% |
| Accounts Receivable | Rp114.35 Billion | 21.3% |
| Inventory | Rp131.31 Billion | 24.5% |
| Property, Plant & Equipment | Rp166.37 Billion | 31.0% |
| Intangible Assets | Rp223.82 Million | 0.0% |
| Goodwill | Rp0.00 | 0.0% |
Asset Composition Trend (2020–2025)
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. See current stock price of PT Multikarya Asia Pacific Ray for real-time trading data and today's change.
Key Asset Composition Facts
- Current vs. Non-Current Assets: PT Multikarya Asia Pacific Ray's current assets represent 66.3% of total assets in 2025, an increase from 39.0% in 2020.
- Cash Position: Cash and equivalents constituted 1.5% of total assets in 2025, 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 31.0% 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 |
|---|---|---|
|
Calfrac Well Services Ltd.
TO:CFW
|
Canada | CA$1.05 Billion |
|
Source Energy Services Ltd
TO:SHLE
|
Canada | CA$597.89 Million |
|
Enterprise Group Inc
TO:E
|
Canada | CA$125.22 Million |
|
S.D. STANDARD ETC DL-03
F:S1P
|
Germany | €121.10 Million |
|
Halliburton Co
BA:HAL
|
Argentina | AR$25.01 Billion |
|
Worley Ltd
AU:WOR
|
Australia | AU$10.85 Billion |
|
SRJ Technologies Group Plc
AU:SRJ
|
Australia | AU$10.99 Million |
|
Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft
VI:SBO
|
Austria | €898.01 Million |
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 | 2.45 | 2.21 | 1.80 |
| Quick Ratio | 1.60 | 1.27 | 1.04 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Rp192.42 Billion | Rp178.22 Billion | Rp67.75 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 | 11.19 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 3.3% |
| Total Assets | Rp536.12 Billion |
| Market Capitalization | $215.19 Million USD |
Valuation Analysis
Below Book Valuation: The market values PT Multikarya Asia Pacific Ray's assets below their book value (0.00x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: PT Multikarya Asia Pacific Ray's assets grew by 3.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for PT Multikarya Asia Pacific Ray (2020–2025)
The table below shows the annual total assets of PT Multikarya Asia Pacific Ray from 2020 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | Rp536.12 Billion ≈ $31.41 Million |
+3.27% |
| 2024-12-31 | Rp519.16 Billion ≈ $30.42 Million |
+78.97% |
| 2023-12-31 | Rp290.09 Billion ≈ $17.00 Million |
+21.91% |
| 2022-12-31 | Rp237.95 Billion ≈ $13.94 Million |
-7.88% |
| 2021-12-31 | Rp258.30 Billion ≈ $15.14 Million |
-1.03% |
| 2020-12-31 | Rp260.99 Billion ≈ $15.29 Million |
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About 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. It provides rental, repair/recertification, maintenance, machining, and general trading services. The company also offers reciprocating, centrifugal, and screw pumps; mud pump part and expendables, centrifugal pump parts, butterfly valves, gate valves, and handling tools… Read more