Salim Ivomas Pratama Balance Sheet Health
Financial Health criteria checks 6/6
Salim Ivomas Pratama has a total shareholder equity of IDR21,720.9B and total debt of IDR8,426.8B, which brings its debt-to-equity ratio to 38.8%. Its total assets and total liabilities are IDR35,012.4B and IDR13,291.4B respectively. Salim Ivomas Pratama's EBIT is IDR2,115.4B making its interest coverage ratio 5.4. It has cash and short-term investments of IDR5,161.2B.
Key information
38.8%
Debt to equity ratio
Rp8.43t
Debt
Interest coverage ratio | 5.4x |
Cash | Rp5.16t |
Equity | Rp21.72t |
Total liabilities | Rp13.29t |
Total assets | Rp35.01t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2IR's short term assets (IDR9,896.9B) exceed its short term liabilities (IDR9,411.1B).
Long Term Liabilities: 2IR's short term assets (IDR9,896.9B) exceed its long term liabilities (IDR3,880.3B).
Debt to Equity History and Analysis
Debt Level: 2IR's net debt to equity ratio (15%) is considered satisfactory.
Reducing Debt: 2IR's debt to equity ratio has reduced from 57.6% to 38.8% over the past 5 years.
Debt Coverage: 2IR's debt is well covered by operating cash flow (45.4%).
Interest Coverage: 2IR's interest payments on its debt are well covered by EBIT (5.4x coverage).