Steel Pipe Industry of Indonesia Balance Sheet Health
Financial Health criteria checks 6/6
Steel Pipe Industry of Indonesia has a total shareholder equity of IDR4,870.5B and total debt of IDR2,071.8B, which brings its debt-to-equity ratio to 42.5%. Its total assets and total liabilities are IDR7,448.3B and IDR2,577.8B respectively. Steel Pipe Industry of Indonesia's EBIT is IDR774.7B making its interest coverage ratio 17.4. It has cash and short-term investments of IDR144.8B.
Key information
42.5%
Debt to equity ratio
Rp2.07t
Debt
| Interest coverage ratio | 17.4x |
| Cash | Rp144.78b |
| Equity | Rp4.87t |
| Total liabilities | Rp2.58t |
| Total assets | Rp7.45t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S08's short term assets (IDR4,480.2B) exceed its short term liabilities (IDR743.9B).
Long Term Liabilities: S08's short term assets (IDR4,480.2B) exceed its long term liabilities (IDR1,833.9B).
Debt to Equity History and Analysis
Debt Level: S08's net debt to equity ratio (39.6%) is considered satisfactory.
Reducing Debt: S08's debt to equity ratio has reduced from 103.6% to 42.5% over the past 5 years.
Debt Coverage: S08's debt is well covered by operating cash flow (48.1%).
Interest Coverage: S08's interest payments on its debt are well covered by EBIT (17.4x coverage).