PT Salim Ivomas Pratama Tbk

BST:2IR Stock Report

Market Cap: €364.3m

Salim Ivomas Pratama Balance Sheet Health

Financial Health criteria checks 6/6

Salim Ivomas Pratama has a total shareholder equity of IDR22,580.9B and total debt of IDR8,002.8B, which brings its debt-to-equity ratio to 35.4%. Its total assets and total liabilities are IDR35,702.9B and IDR13,121.9B respectively. Salim Ivomas Pratama's EBIT is IDR2,949.5B making its interest coverage ratio 10.2. It has cash and short-term investments of IDR5,268.9B.

Key information

35.4%

Debt to equity ratio

Rp8.00t

Debt

Interest coverage ratio10.2x
CashRp5.27t
EquityRp22.58t
Total liabilitiesRp13.12t
Total assetsRp35.70t

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 2IR's short term assets (IDR11,295.1B) exceed its short term liabilities (IDR9,563.9B).

Long Term Liabilities: 2IR's short term assets (IDR11,295.1B) exceed its long term liabilities (IDR3,558.0B).


Debt to Equity History and Analysis

Debt Level: 2IR's net debt to equity ratio (12.1%) is considered satisfactory.

Reducing Debt: 2IR's debt to equity ratio has reduced from 62.5% to 35.4% over the past 5 years.

Debt Coverage: 2IR's debt is well covered by operating cash flow (38.9%).

Interest Coverage: 2IR's interest payments on its debt are well covered by EBIT (10.2x coverage).


Balance Sheet


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