Indosat, Tbk (ISAT IJ) current ratio at 0.44 times, or be under level 1 time, indicated the company’s current asset isn’t quite fulfill its current liabilities. For the record, the company have bonds maturing worth IDR 554 billion by next June. These bonds are bonds series A 370-day tenors with interest of 8.55% per year, which is part of the shelf registration bond (PUB) I tranche II total worth IDR 2.68 trillion.
While other bonds, series B bonds worth at IDR 782 billion three-year tenor with a coupon of 9.25%; Series C bonds worth IDR 584 billion tenor five-year tenor with coupon 10%. Idnstocks.com project the company can take advantage of the trend of a decrease in interest rates at this time, to issue bonds. For the record, the company’s revenue growth of 13% 1Q2016 period, being valued at IDR 6.81 trillion worth of mobile revenues dominated with IDR 5.68 trillion. In the same period, the company was able to record net profit totaling IDR 255.36 billion, compared to the same period of the previous year’s net loss IDR 426.83 billion.