Balance Sheet PT Merdeka Battery Materials Tbk.

Equities

MBMA

ID1000188303

Specialty Mining & Metals

End-of-day quote INDONESIA S.E. Other stock markets 13/09/2024			5-day change	1st Jan Change
540.00 ^IDR	-0.92%		0.00%	-3.57%

06-03	PT Merdeka Battery Materials Tbk. Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
03-27	PT Merdeka Battery Materials Tbk. Reports Earnings Results for the Full Year Ended December 31, 2023	CI

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Published financial data: PT MERDEKA BATTERY MATERIALS TBK.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	-	-	-	456M	1.33B
Total Revenues	-	-	-	456M	1.33B
Cost of Goods Sold, Total	-	-	-	411M	1.25B
Gross Profit	-	-	-	44.41M	77.48M
Selling General & Admin Expenses, Total	1.19K	-	5.38K	13.91M	27.37M
Other Operating Expenses	-	-	-	328K	2.9M
Other Operating Expenses, Total	1.19K	-	5.38K	14.24M	30.27M
Operating Income	-1.19K	-	-5.38K	30.17M	47.21M
Interest Expense, Total	-	-	-	-21.3M	-18.71M
Interest And Investment Income	-	-	149	296K	5.52M
Net Interest Expenses	-	-	149	-21M	-13.19M
Income (Loss) On Equity Invest.	-	-17.97K	-	851K	-34.44K
Currency Exchange Gains (Loss)	-	-	-	12.53M	-2.85M
Other Non Operating Income (Expenses)	-306	47	12.68K	-4.05M	2.34M
EBT, Excl. Unusual Items	-1.5K	-17.92K	7.44K	18.5M	33.47M
Gain (Loss) On Sale Of Investments	-	-2.96K	8.63K	18.98M	-
EBT, Incl. Unusual Items	-1.5K	-20.88K	16.07K	37.48M	33.47M
Income Tax Expense	-	-	-	-372K	164K
Earnings From Continuing Operations	-1.5K	-20.88K	16.07K	37.85M	33.31M
Net Income to Company	-1.5K	-20.88K	16.07K	37.85M	33.31M
Minority Interest	-	-	-	-16.18M	-26.38M
Net Income - (IS)	-1.5K	-20.88K	16.07K	21.66M	6.93M
Net Income to Common Incl Extra Items	-1.5K	-20.88K	16.07K	21.66M	6.93M
Net Income to Common Excl. Extra Items	-1.5K	-20.88K	16.07K	21.66M	6.93M
Per Share Items
Net EPS - Basic	-	-0	0	0	0
Basic EPS - Continuing Operations	-	-0	0	0	0
Basic Weighted Average Shares Outstanding	25M	25M	25M	53.77B	105B
Net EPS - Diluted	-	-0	0	0	0
Diluted EPS - Continuing Operations	-	-0	0	0	0
Diluted Weighted Average Shares Outstanding	25M	25M	25M	53.77B	105B
Normalized Basic EPS	-	-0	0	-0	-0
Normalized Diluted EPS	-	-0	0	-0	-0
Supplemental Items
EBITDA	-	-	-	46.3M	99.62M
EBITA	-1.19K	-	-5.38K	30.17M	47.21M
EBIT	-1.19K	-	-5.38K	30.17M	47.21M
EBITDAR	-	-	-	46.55M	99.82M
Effective Tax Rate - (Ratio)	-	-	-	-0.99	0.49
Current Domestic Taxes	-	-	-	-	5.73M
Total Current Taxes	-	-	-	-	5.73M
Deferred Domestic Taxes	-	-	-	-372K	-5.57M
Total Deferred Taxes	-	-	-	-372K	-5.57M
Normalized Net Income	-938	-11.2K	4.65K	-4.62M	-5.46M
Interest Capitalized	-	-	-	3.58M	-
Interest on Long-Term Debt	-	-	-	24.88M	76.6M
Non-Cash Pension Expense	-	-	-	-386K	-
Supplemental Operating Expense Items
Selling and Marketing Expenses	-	-	-	123K	1.19M
General and Administrative Expenses	1.19K	-	5.38K	13.54M	25.98M
Net Rental Expense, Total	-	-	-	250K	201K
Imputed Operating Lease Interest Expense	-	-	-	-	54.31K
Imputed Operating Lease Depreciation	-	-	-	-	147K
Stock-Based Comp., Other (Total)	-	-	-	-	41.29K
Total Stock-Based Compensation	-	-	-	-	41.29K

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	40	84	169K	280M	290M
Total Cash And Short Term Investments	40	84	169K	280M	290M
Accounts Receivable, Total	-	-	-	64.18M	119M
Other Receivables	-	-	-	17.31M	19.08M
Total Receivables	-	-	-	81.49M	138M
Inventory	-	-	-	78.91M	288M
Prepaid Expenses	-	-	-	19.5M	62.67M
Other Current Assets, Total	-	-	-	8.93M	5.05M
Total Current Assets	40	84	169K	469M	784M
Gross Property Plant And Equipment	-	-	-	1.48B	2.02B
Accumulated Depreciation	-	-	-	-23.96M	-79.41M
Net Property Plant And Equipment	-	-	-	1.45B	1.94B
Long-term Investments	482K	479K	-	256K	226K
Goodwill	-	-	-	325M	359M
Other Intangibles, Total	-	-	-	651K	802K
Deferred Tax Assets Long-Term	-	-	-	1.38M	6.04M
Other Long-Term Assets, Total	14.51M	10.38M	-	174M	170M
Total Assets	14.99M	10.86M	169K	2.42B	3.26B
Liabilities
Accounts Payable, Total	-	-	-	66.06M	262M
Accrued Expenses, Total	-	-	-	32.37M	88.09M
Current Portion of Long-Term Debt	-	-	-	17.9M	-
Current Portion of Leases	-	-	-	1.95M	2.36M
Current Income Taxes Payable	-	-	-	2.43M	4.49M
Unearned Revenue Current, Total	-	-	-	-	1.04M
Other Current Liabilities	-	-	-	43.73M	-
Total Current Liabilities	-	-	-	164M	358M
Long-Term Debt	-	-	-	592M	486M
Long-Term Leases	-	-	-	3.07M	3.86M
Pension & Other Post Retirement Benefits	-	-	-	775K	1.67M
Deferred Tax Liability Non Current	-	-	-	93.35M	93.19M
Other Non Current Liabilities	-	-	-	8.15M	10.54M
Total Liabilities	-	-	-	862M	954M
Common Stock, Total	175K	175K	175K	606M	740M
Additional Paid In Capital	-	-	-	257M	766M
Retained Earnings	-500	-21.38K	-5.3K	20M	26.96M
Comprehensive Income and Other	14.81M	10.71M	-917	74.26M	-481K
Total Common Equity	14.99M	10.86M	169K	957M	1.53B
Minority Interest	-	-	-	602M	778M
Total Equity	14.99M	10.86M	169K	1.56B	2.31B
Total Liabilities And Equity	14.99M	10.86M	169K	2.42B	3.26B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	25M	25M	79.18B	88.3B	108B
ECS Total Common Shares Outstanding	25M	25M	79.18B	88.3B	108B
Book Value / Share	0.6	0.43	0	0.01	0.01
Tangible Book Value	14.99M	10.86M	169K	631M	1.17B
Tangible Book Value Per Share	0.6	0.43	0	0.01	0.01
Total Debt	0	0	0	615M	492M
Net Debt	-40	-84	-169K	335M	202M
Debt Equivalent of Unfunded Proj. Benefit Obligation	-	-	-	775K	-
Debt Equivalent Oper. Leases	-	-	-	2M	1.61M
Minority Interest, Total (Incl. Fin. Div)	-	-	-	602M	778M
Equity Method Investments, Total	482K	479K	-	256K	226K
Account Code - Inventory Valuation	-	-	6	6	6
Inventories - Raw Materials, Total	-	-	-	68.99M	114M
Inventories - Finished Goods, Total	-	-	-	2.01M	149M
Inventories - Others	-	-	-	7.91M	25.19M
Land - (BS)	-	-	-	128K	222K
Buildings, Total	-	-	-	4.08M	13.02M
Machinery, Total	-	-	-	316M	701M
Full Time Employees	-	-	-	1.28K	3.28K

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	-1.5K	-20.88K	16.07K	21.66M	6.93M
Depreciation & Amortization - CF	-	-	-	19.02M	56.41M
Depreciation & Amortization, Total	-	-	-	19.02M	56.41M
Other Operating Activities, Total	1.19K	20.92K	-21.33K	59.04M	-78.83M
Cash from Operations	-306	45	-5.26K	99.72M	-15.49M
Capital Expenditure	-	-	-	-536M	-369M
Sale of Property, Plant, and Equipment	-	-	-	10.51K	13.07K
Cash Acquisitions	-	-	-	-421M	-90.45M
Sale (Purchase) of Intangible assets	-	-	-	-237K	-284K
Investment in Marketable and Equity Securities, Total	-	-	9.96M	-102M	-4.98M
Other Investing Activities, Total	-	4.47M	-	-83.77M	2.32M
Cash from Investing	-	4.47M	9.96M	-1.14B	-462M
Short Term Debt Issued, Total	-	-	-	140M	-
Long-Term Debt Issued, Total	-	-	-	767M	457M
Total Debt Issued	-	-	-	907M	457M
Short Term Debt Repaid, Total	-	-	-	-190M	-6.04K
Long-Term Debt Repaid, Total	-	-	-	-172M	-472M
Total Debt Repaid	-	-	-	-362M	-472M
Issuance of Common Stock	423	-	-	829M	614M
Other Financing Activities, Total	-	-4.47M	-9.8M	-43.3M	-114M
Cash from Financing	423	-4.47M	-9.8M	1.33B	487M
Foreign Exchange Rate Adjustments	3	-1	13.98K	-6.6M	973K
Miscellaneous Cash Flow Adjustments	-	-	-	-2.6K	-
Net Change in Cash	120	44	169K	280M	9.92M
Supplemental Items
Cash Interest Paid	93	26	25	17.59M	54.06M
Cash Income Tax Paid (Refund)	-	-	-	264K	4.78M
Levered Free Cash Flow	-	-	-	-	-389M
Unlevered Free Cash Flow	-	-	-	-	-377M
Change In Net Working Capital	-	-	-	-	93.69M
Net Debt Issued / Repaid	-	-	-	545M	-14.11M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	-	-	-0.06	1.56	1.04
Return on Total Capital	-	-	-0.06	1.73	1.19
Return On Equity %	-	-0.16	0.29	4.85	1.72
Return on Common Equity	-	-0.16	0.29	4.53	0.56
Margin Analysis
Gross Profit Margin %	-	-	-	9.74	5.83
SG&A Margin	-	-	-	3.05	2.06
EBITDA Margin %	-	-	-	10.16	7.5
EBITA Margin %	-	-	-	6.62	3.55
EBIT Margin %	-	-	-	6.62	3.55
Income From Continuing Operations Margin %	-	-	-	8.3	2.51
Net Income Margin %	-	-	-	4.75	0.52
Net Avail. For Common Margin %	-	-	-	4.75	0.52
Normalized Net Income Margin	-	-	-	-1.01	-0.41
Levered Free Cash Flow Margin	-	-	-	-	-29.26
Unlevered Free Cash Flow Margin	-	-	-	-	-28.38
Asset Turnover
Asset Turnover	-	-	-	0.38	0.47
Fixed Assets Turnover	-	-	-	-	0.78
Receivables Turnover (Average Receivables)	-	-	-	-	14.48
Inventory Turnover (Average Inventory)	-	-	-	-	6.82
Short Term Liquidity
Current Ratio	-	-	-	2.85	2.19
Quick Ratio	-	-	-	2.2	1.2
Operating Cash Flow to Current Liabilities	-	-	-	0.61	-0.04
Days Sales Outstanding (Average Receivables)	-	-	-	-	25.2
Days Outstanding Inventory (Average Inventory)	-	-	-	-	53.49
Average Days Payable Outstanding	-	-	-	-	41.04
Cash Conversion Cycle (Average Days)	-	-	-	-	37.65
Long Term Solvency
Total Debt/Equity	-	-	-	39.46	21.32
Total Debt / Total Capital	-	-	-	28.29	17.57
LT Debt/Equity	-	-	-	38.19	21.22
Long-Term Debt / Total Capital	-	-	-	27.38	17.49
Total Liabilities / Total Assets	-	-	-	35.6	29.22
EBIT / Interest Expense	-	-	-	1.42	2.52
EBITDA / Interest Expense	-	-	-	2.31	5.54
(EBITDA - Capex) / Interest Expense	-	-	-	-22.87	-14.18
Total Debt / EBITDA	-	-	-	12.51	4.75
Net Debt / EBITDA	-	-	-	6.81	1.95
Total Debt / (EBITDA - Capex)	-	-	-	-1.26	-1.86
Net Debt / (EBITDA - Capex)	-	-	-	-0.69	-0.76
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-	-	-	-	191.47
Gross Profit, 1 Yr. Growth %	-	-	-	-	74.47
EBITDA, 1 Yr. Growth %	-	-	-	-	106.49
EBITA, 1 Yr. Growth %	-	-	-	-560K	56.49
EBIT, 1 Yr. Growth %	-	-	-	-560K	56.49
Earnings From Cont. Operations, 1 Yr. Growth %	-	1.29K	-176.99	235K	-12
Net Income, 1 Yr. Growth %	-	1.29K	-176.99	135K	-68.02
Normalized Net Income, 1 Yr. Growth %	-	1.09K	-141.54	-99.48K	18.06
Diluted EPS Before Extra, 1 Yr. Growth %	-	-	-171.86	-33.33	-83.5
Accounts Receivable, 1 Yr. Growth %	-	-	-	-	85.77
Inventory, 1 Yr. Growth %	-	-	-	-	264.57
Net Property, Plant and Equip., 1 Yr. Growth %	-	-	-	-	33.89
Total Assets, 1 Yr. Growth %	-	-27.53	-98.44	1.43M	34.75
Tangible Book Value, 1 Yr. Growth %	-	-27.53	-98.44	373K	85.66
Common Equity, 1 Yr. Growth %	-	-27.53	-98.44	566K	60.07
Cash From Operations, 1 Yr. Growth %	-	-114.71	-11.79K	-1.9M	-114.22
Capital Expenditures, 1 Yr. Growth %	-	-	-	-	-30.12
Compound Annual Growth Rate Over Two Years
EBITA, 2 Yr. CAGR %	-	-	112.33	-	9.26K
EBIT, 2 Yr. CAGR %	-	-	112.33	-	9.26K
Earnings From Cont. Operations, 2 Yr. CAGR %	-	-	227.35	4.16K	4.45K
Net Income, 2 Yr. CAGR %	-	-	227.35	3.12K	1.98K
Normalized Net Income, 2 Yr. CAGR %	-	-	122.7	1.93K	3.33K
Diluted EPS Before Extra, 2 Yr. CAGR %	-	-	-	-30.79	-66.83
Total Assets, 2 Yr. CAGR %	-	-	-89.38	1.39K	13.79K
Tangible Book Value, 2 Yr. CAGR %	-	-	-89.38	662.43	8.22K
Common Equity, 2 Yr. CAGR %	-	-	-89.38	838.64	9.42K
Cash From Operations, 2 Yr. CAGR %	-	-	314.56	149K	5.33K
Compound Annual Growth Rate Over Three Years
EBITA, 3 Yr. CAGR %	-	-	-	2.83K	-
EBIT, 3 Yr. CAGR %	-	-	-	2.83K	-
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-	2.83K	1.07K
Net Income, 3 Yr. CAGR %	-	-	-	2.34K	592.35
Normalized Net Income, 3 Yr. CAGR %	-	-	-	1.6K	686.94
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-	-	-57.08
Total Assets, 3 Yr. CAGR %	-	-	-	444.65	569.74
Tangible Book Value, 3 Yr. CAGR %	-	-	-	247.96	376.11
Common Equity, 3 Yr. CAGR %	-	-	-	299.69	420.51
Cash From Operations, 3 Yr. CAGR %	-	-	-	6.78K	6.91K