Richard Ness - Indika Energy Commissioner

INDY Stock  IDR 1,410  25.00  1.74%   

Executive

Mr. Richard Bruce Ness serves as a Commissioner of PT Indika Energy Tbk since April 28, 2016. He served as Director of Energy Services Mining from May 2009 to April 28, 2016. He graduated from Moorhead State University, USA, in 1979 and completed a program in Professional Management from Harvard Business School, Harvard University in 1992. He also serves as the President Commissioner of PT Petrosea since 2010. He was involved in the energy, resources and mining sectors for more than 30 years. Previously, he served as Commissioner of MBBS, President Director of various affiliates and subsidiaries of Newmont, as mining consultant at PT Clinto Indonesia and as Vice President of Freeport. He also holds the position of Chairman of Mining of the American Chamber of Commerce, Indonesia. since 2016.
Age 70
Tenure 8 years
Phone62 21 2557 9888
Webhttps://www.indikaenergy.co.id

Indika Energy Management Efficiency

The company has return on total asset (ROA) of 0.1923 % which means that it generated a profit of $0.1923 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.4971 %, meaning that it generated $0.4971 on every $100 dollars invested by stockholders. Indika Energy's management efficiency ratios could be used to measure how well Indika Energy manages its routine affairs as well as how well it operates its assets and liabilities.
Indika Energy Tbk has accumulated 1.31 B in total debt with debt to equity ratio (D/E) of 1.96, which is about average as compared to similar companies. Indika Energy Tbk has a current ratio of 1.93, which is within standard range for the sector. Debt can assist Indika Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Indika Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Indika Energy Tbk sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Indika to invest in growth at high rates of return. When we think about Indika Energy's use of debt, we should always consider it together with cash and equity.

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Indika Energy Tbk operates as an integrated energy company in Indonesia. The company was founded in 1972 and is headquartered in Jakarta, Indonesia. Indika Energy operates under Thermal Coal classification in Indonesia and is traded on Jakarta Stock Exchange. It employs 5675 people. Indika Energy Tbk (INDY) is traded on Jakarta Exchange in Indonesia and employs 2,351 people.

Management Performance

Indika Energy Tbk Leadership Team

Elected by the shareholders, the Indika Energy's board of directors comprises two types of representatives: Indika Energy inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Indika. The board's role is to monitor Indika Energy's management team and ensure that shareholders' interests are well served. Indika Energy's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Indika Energy's outside directors are responsible for providing unbiased perspectives on the board's policies.
Purbaja Pantja, Group Director
Eddy Danu, Independent Director, Director of Energy Infrastructure - Power Plant
Einstein Erlangga, Head Audit
Lucas Djunaidi, VP Officer
M Rasjid, President Director
Dian Paramita, Corporate Secretary
Azis Armand, Finance & Accounting Director, Unaffiliated Director
Richard Ness, Commissioner
Retina Rosabai, Investor Relations Officer
Indracahya Basuki, Commissioner
Ricardo Silaen, Head Relations
Adi Pramono, Corporate Secretary
Boyke Mukiyat, Independent Commissioner
Aziza Armand, MD Director
Nicky Kurniawan, Head Fin
Leonardus Herwindo, VP Officer
Agus Lasmono, Vice President Commissioner
Muhamad Basri, Independent Commissioner

Indika Stock Performance Indicators

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Other Information on Investing in Indika Stock

Indika Energy financial ratios help investors to determine whether Indika Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Indika with respect to the benefits of owning Indika Energy security.