AKR Corporindo Balance Sheet Health
Financial Health criteria checks 6/6
AKR Corporindo has a total shareholder equity of IDR14,212.2B and total debt of IDR4,889.1B, which brings its debt-to-equity ratio to 34.4%. Its total assets and total liabilities are IDR28,497.8B and IDR14,285.6B respectively. AKR Corporindo's EBIT is IDR3,318.2B making its interest coverage ratio -14.6. It has cash and short-term investments of IDR4,823.5B.
Key information
34.4%
Debt to equity ratio
Rp4.89t
Debt
| Interest coverage ratio | -14.6x |
| Cash | Rp4.82t |
| Equity | Rp14.21t |
| Total liabilities | Rp14.29t |
| Total assets | Rp28.50t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RK6A's short term assets (IDR16,911.9B) exceed its short term liabilities (IDR10,026.2B).
Long Term Liabilities: RK6A's short term assets (IDR16,911.9B) exceed its long term liabilities (IDR4,259.4B).
Debt to Equity History and Analysis
Debt Level: RK6A's net debt to equity ratio (0.5%) is considered satisfactory.
Reducing Debt: RK6A's debt to equity ratio has reduced from 48.8% to 34.4% over the past 5 years.
Debt Coverage: RK6A's debt is well covered by operating cash flow (59.5%).
Interest Coverage: RK6A earns more interest than it pays, so coverage of interest payments is not a concern.