PT Multikarya Asia Pacific Ray (MKAP) - Total Assets
Based on the latest financial reports, PT Multikarya Asia Pacific Ray (MKAP) holds total assets worth Rp535.31 Billion IDR (≈ $31.37 Million USD) as of March 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. Check how aggressively does PT Multikarya Asia Pacific Ray reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
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. Check PT Multikarya Asia Pacific Ray (MKAP) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
PT Multikarya Asia Pacific Ray - Asset Composition Analysis
Current Asset Composition (December 2025)
PT Multikarya Asia Pacific Ray's total assets of Rp535.31 Billion consist of 66.3% current assets and 33.7% non-current assets.
| 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. For live market cap, price, and company overview, see PT Multikarya Asia Pacific Ray (MKAP) market capitalisation.
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 |
|---|---|---|
|
TechnipFMC PLC
F:1T1
|
Germany | €10.09 Billion |
|
NOV Inc.
NYSE:NOV
|
USA | $11.14 Billion |
|
Aker Solutions ASA
OL:AKSO
|
Norway | Nkr35.35 Billion |
|
Calfrac Well Services Ltd.
TO:CFW
|
Canada | CA$1.05 Billion |
|
PBG SA
WAR:PBG
|
Poland | zł22.52 Million |
|
OSX Brasil S.A
SA:OSXB3
|
Brazil | R$696.70 Million |
|
Ratu Prabu Energi Tbk
JK:ARTI
|
Indonesia | Rp534.65 Billion |
|
Halliburton Co
BA:HAL
|
Argentina | AR$25.01 Billion |
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 | 1.91 | 1.99 | 1.80 |
| Quick Ratio | 1.17 | 1.30 | 1.04 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Rp159.48 Billion | Rp177.90 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 | 10.40 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 3.3% |
| Total Assets | Rp536.12 Billion |
| Market Capitalization | $199.01 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