Financial Analysis Center

Deep dive into the financial statements for ARKO.

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Red Flag / Green Flag Analysis

Green Flags
  • Foreign holders had been net buying 5 months out of the last 6 months time period
Red Flags
  • Within 6 months timeframe: total Sold value compared to average transaction value is 283.9x --> heavy shareholder selling, beware of stock overhang!
  • There were 2 names of substantial holders selling
  • Top 2 sellers were: ['PT. Arkora Bakti Indonesia', 'Acei Singapore Holdings Private Ltd.']
  • Total sold value in the last 6 months: IDR -2,815.8 billion
  • There were: 2x monthly occurence of increase in public holding --> selling activity
  • Net public holding change within the past 6 months: +18.71%
  • In the last 6 months: out of 54,792 million shares sold: 1 million shares came from Foreign holders
  • Foreign holders had been net selling 1 months out of the last 6 months time period
Green Flags
  • Current EBITDA 24.0 B is sufficient to cover current Interest Exp -17.8 B
Red Flags
  • Significant Non-Operating Loss: -7.0% of Revenue in latest Q3 '25 quarter
  • Significant Non-Operating Loss: -68.2% of Net Income in latest Q3 '25 quarter
  • Total EBITDA 92.1 B insufficient to cover Total Interest Exp -136.6 B in the last 8 quarters
Green Flags
  • Current Ratio: 3.6x with an avg of 2.5x over 8 quarters
Red Flags
  • Increasing DER for 4 consecutive quarters
  • In the last 4 quarters: 1 occurence of Receivables growing 2.1x of Sales growth
Green Flags
Red Flags
  • Negative Operating CF with positive Net Profit --> bad earnings quality

Income Statement Breakdown

Common size breakdown of the income statement.

Revenue vs. Expenses Breakdown

A detailed breakdown of revenue sources and expense categories.

Income Statement Flow (Sankey)

Shows the flow from top-line revenue to bottom-line net profit.

Foreign Flow (in Shares)

Net flow of foreign funds into the stock.

Balance Sheet Breakdown

Bubble size is proportional to the value of each balance sheet account.