Steady Safe TBK PT
PT Steady Safe Tbk provides bus transportation services in Indonesia. The company operates in two segments, Land Transportation and Financial Services. It also engages in the provision of financing, limousine rental, and taxi services. The company was formerly known as PT. Tanda Widjaja Sakti and changed its name to PT Steady Safe Tbk in December 1993. PT Steady Safe Tbk was founded in 1971 and i… Read more
Steady Safe TBK PT (SAFE) - Total Assets
Latest total assets as of September 2025: Rp206.24 Billion IDR
Based on the latest financial reports, Steady Safe TBK PT (SAFE) holds total assets worth Rp206.24 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.
Steady Safe TBK PT - Total Assets Trend (2000–2024)
This chart illustrates how Steady Safe TBK PT’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Steady Safe TBK PT - Asset Composition Analysis
Current Asset Composition (December 2024)
Steady Safe TBK PT's total assets of Rp206.24 Billion consist of 14.1% current assets and 85.9% non-current assets.
| Asset Category | Amount (IDR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Rp8.29 Billion | 4.1% |
| Accounts Receivable | Rp18.34 Billion | 9.0% |
| Inventory | Rp0.00 | 0.0% |
| Property, Plant & Equipment | Rp175.07 Billion | 85.7% |
| Intangible Assets | Rp0.00 | 0.0% |
| Goodwill | Rp0.00 | 0.0% |
Asset Composition Trend (2000–2024)
This chart illustrates how Steady Safe TBK PT'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: Steady Safe TBK PT's current assets represent 14.1% of total assets in 2024, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 4.1% of total assets in 2024, up from 0.1% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2000.
- Asset Diversification: The largest asset category is property, plant & equipment at 85.7% of total assets.
Steady Safe TBK PT Competitors by Total Assets
Key competitors of Steady Safe TBK PT based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China High-Speed Railway Technology
SHE:000008
|
China | CN¥9.11 Billion |
|
Nanjing Zhongbei Group Co Ltd
SHE:000421
|
China | CN¥10.57 Billion |
|
Ningxia Western Venture Industrial Co Ltd
SHE:000557
|
China | CN¥6.96 Billion |
|
Chunil Express
KO:000650
|
Korea | ₩53.84 Billion |
|
Vontron Technology Co Ltd
SHE:000920
|
China | CN¥2.84 Billion |
|
China Railway Materials Co Ltd
SHE:000927
|
China | CN¥20.25 Billion |
|
China Railway Special Cargo Logistics Co. Ltd.
SHE:001213
|
China | CN¥21.12 Billion |
|
Changzhou Evergreen Technology Co. Ltd. A
SHE:001324
|
China | CN¥1.36 Billion |
Steady Safe TBK PT - 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
Strong asset utilization - Steady Safe TBK PT generates 1.14x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Steady Safe TBK PT generates $ 13.36 in net profit.
Steady Safe TBK PT - 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 | 0.33 | 0.11 | 0.11 |
| Quick Ratio | 0.33 | 0.11 | 0.11 |
| Cash Ratio | 0.15 | 0.01 | 0.00 |
| Working Capital | Rp-107.13 Billion | Rp -176.37 Billion | Rp -166.47 Billion |
Steady Safe TBK PT - Advanced Valuation Insights
This section examines the relationship between Steady Safe TBK PT'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 | 15.99 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -13.9% |
| Total Assets | Rp204.40 Billion |
| Market Capitalization | $2.18 Million USD |
Valuation Analysis
Below Book Valuation: The market values Steady Safe TBK PT's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Steady Safe TBK PT's assets decreased by 13.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Steady Safe TBK PT (2000–2024)
The table below shows the annual total assets of Steady Safe TBK PT from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Rp204.40 Billion | -13.86% |
| 2023-12-31 | Rp237.30 Billion | -12.39% |
| 2022-12-31 | Rp270.84 Billion | -9.30% |
| 2021-12-31 | Rp298.60 Billion | -7.30% |
| 2020-12-31 | Rp322.12 Billion | -9.88% |
| 2019-12-31 | Rp357.45 Billion | +2.76% |
| 2018-12-31 | Rp347.84 Billion | +620.92% |
| 2017-12-31 | Rp48.25 Billion | +410.63% |
| 2016-12-31 | Rp9.45 Billion | -8.71% |
| 2015-12-31 | Rp10.35 Billion | -7.21% |
| 2014-12-31 | Rp11.15 Billion | -22.51% |
| 2013-12-31 | Rp14.40 Billion | -65.35% |
| 2012-12-31 | Rp41.54 Billion | -31.34% |
| 2011-12-31 | Rp60.51 Billion | -30.16% |
| 2010-12-31 | Rp86.63 Billion | -25.45% |
| 2009-12-31 | Rp116.21 Billion | -11.52% |
| 2008-12-31 | Rp131.34 Billion | -37.28% |
| 2007-12-31 | Rp209.42 Billion | +32.29% |
| 2006-12-31 | Rp158.30 Billion | -18.14% |
| 2005-12-31 | Rp193.38 Billion | -15.12% |
| 2004-12-31 | Rp227.81 Billion | -14.41% |
| 2003-12-31 | Rp266.18 Billion | -3.22% |
| 2002-12-31 | Rp275.04 Billion | -50.71% |
| 2001-12-31 | Rp558.00 Billion | -11.86% |
| 2000-12-31 | Rp633.05 Billion | -- |