Indah Kiat Pulp & Paper Balance Sheet Health
Financial Health criteria checks 5/6
Indah Kiat Pulp & Paper has a total shareholder equity of $6.0B and total debt of $3.4B, which brings its debt-to-equity ratio to 56.9%. Its total assets and total liabilities are $10.1B and $4.1B respectively. Indah Kiat Pulp & Paper's EBIT is $787.7M making its interest coverage ratio 3. It has cash and short-term investments of $2.6B.
Key information
56.9%
Debt to equity ratio
US$3.41b
Debt
| Interest coverage ratio | 3x |
| Cash | US$2.62b |
| Equity | US$6.00b |
| Total liabilities | US$4.13b |
| Total assets | US$10.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IKP's short term assets ($5.6B) exceed its short term liabilities ($2.1B).
Long Term Liabilities: IKP's short term assets ($5.6B) exceed its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: IKP's net debt to equity ratio (13.2%) is considered satisfactory.
Reducing Debt: IKP's debt to equity ratio has reduced from 112.2% to 56.9% over the past 5 years.
Debt Coverage: IKP's debt is well covered by operating cash flow (25.3%).
Interest Coverage: IKP's interest payments on its debt are not well covered by EBIT (3x coverage).