PT. Indika Energy Balance Sheet Health
Financial Health criteria checks 5/6
PT. Indika Energy has a total shareholder equity of $1.4B and total debt of $1.3B, which brings its debt-to-equity ratio to 93.8%. Its total assets and total liabilities are $3.2B and $1.9B respectively. PT. Indika Energy's EBIT is $211.9M making its interest coverage ratio 3.3. It has cash and short-term investments of $840.7M.
Key information
93.8%
Debt to equity ratio
US$1.28b
Debt
| Interest coverage ratio | 3.3x |
| Cash | US$840.70m |
| Equity | US$1.37b |
| Total liabilities | US$1.86b |
| Total assets | US$3.23b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: I41's short term assets ($1.6B) exceed its short term liabilities ($828.7M).
Long Term Liabilities: I41's short term assets ($1.6B) exceed its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: I41's net debt to equity ratio (32.4%) is considered satisfactory.
Reducing Debt: I41's debt to equity ratio has reduced from 135.2% to 93.8% over the past 5 years.
Debt Coverage: I41's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: I41's interest payments on its debt are well covered by EBIT (3.3x coverage).