Sarana Mitra Luas
PT Sarana Mitra Luas Tbk engages in the forklift rental business in Indonesia. It offers material handling solutions, including forklift rental units only, forklift rental with operator, output-based forklift rentals, machine installation, and forklift sales and repair services. The company provides rental services for engine counter balanced forklifts, electric counterbalance forklifts, reach tr… Read more
Sarana Mitra Luas (SMIL) - Total Assets
Latest total assets as of September 2025: Rp1.15 Trillion IDR
Based on the latest financial reports, Sarana Mitra Luas (SMIL) holds total assets worth Rp1.15 Trillion 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.
Sarana Mitra Luas - Total Assets Trend (2019–2024)
This chart illustrates how Sarana Mitra Luas’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Sarana Mitra Luas - Asset Composition Analysis
Current Asset Composition (December 2024)
Sarana Mitra Luas's total assets of Rp1.15 Trillion consist of 47.3% current assets and 52.8% non-current assets.
| Asset Category | Amount (IDR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Rp0.00 | 22.3% |
| Accounts Receivable | Rp132.02 Billion | 11.8% |
| Inventory | Rp99.11 Billion | 8.9% |
| Property, Plant & Equipment | Rp582.80 Billion | 52.1% |
| Intangible Assets | Rp36.59 Billion | 3.3% |
| Goodwill | Rp0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Sarana Mitra Luas'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: Sarana Mitra Luas's current assets represent 47.3% of total assets in 2024, an increase from 8.2% in 2019.
- Cash Position: Cash and equivalents constituted 22.3% of total assets in 2024, up from 7.9% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 2019.
- Asset Diversification: The largest asset category is property, plant & equipment at 52.1% of total assets.
Sarana Mitra Luas Competitors by Total Assets
Key competitors of Sarana Mitra Luas based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bohai Leasing Co Ltd
SHE:000415
|
China | CN¥286.33 Billion |
|
Lotte Rental Co Ltd
KO:089860
|
Korea | ₩7.39 Trillion |
|
AJ Networks Co Ltd
KO:095570
|
Korea | ₩1.74 Trillion |
|
Redde Northgate PLC
F:21W
|
Germany | €2.50 Billion |
|
Cuckoo Homesys Co Ltd
KO:284740
|
Korea | ₩1.49 Trillion |
|
China Development Bank Financial Leasing Co. Ltd
F:2C6
|
Germany | €417.73 Billion |
|
Shaanxi Construction Machinery Co Ltd
SHG:600984
|
China | CN¥15.56 Billion |
|
Zhejiang Huatie Constr Safety
SHG:603300
|
China | CN¥26.42 Billion |
Sarana Mitra Luas - 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
Lower asset utilization - Sarana Mitra Luas generates 0.33x 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, Sarana Mitra Luas generates $7.21 in net profit.
Sarana Mitra Luas - 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 | 4.38 | 2.03 | 2.15 |
| Quick Ratio | 3.32 | 1.97 | 2.10 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Rp356.10 Billion | Rp 117.83 Billion | Rp 87.85 Billion |
Sarana Mitra Luas - Advanced Valuation Insights
This section examines the relationship between Sarana Mitra Luas'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 | 4.82 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 27.5% |
| Total Assets | Rp1.12 Trillion |
| Market Capitalization | $21.19 Million USD |
Valuation Analysis
Below Book Valuation: The market values Sarana Mitra Luas's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Sarana Mitra Luas's assets grew by 27.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Sarana Mitra Luas (2019–2024)
The table below shows the annual total assets of Sarana Mitra Luas from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Rp1.12 Trillion | +27.54% |
| 2023-12-31 | Rp877.06 Billion | +43.13% |
| 2022-12-31 | Rp612.79 Billion | +9.99% |
| 2021-12-31 | Rp557.14 Billion | +17.56% |
| 2020-12-31 | Rp473.93 Billion | -4.09% |
| 2019-12-31 | Rp494.16 Billion | -- |