Steel Pipe Industry of Indonesia Balance Sheet Health
Financial Health criteria checks 5/6
Steel Pipe Industry of Indonesia has a total shareholder equity of IDR4,727.2B and total debt of IDR2,087.8B, which brings its debt-to-equity ratio to 44.2%. Its total assets and total liabilities are IDR7,891.3B and IDR3,164.1B respectively. Steel Pipe Industry of Indonesia's EBIT is IDR763.1B making its interest coverage ratio 13.5. It has cash and short-term investments of IDR80.0B.
Key information
44.2%
Debt to equity ratio
Rp2.09t
Debt
| Interest coverage ratio | 13.5x |
| Cash | Rp80.03b |
| Equity | Rp4.73t |
| Total liabilities | Rp3.16t |
| Total assets | Rp7.89t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S08's short term assets (IDR4,987.3B) exceed its short term liabilities (IDR2,314.5B).
Long Term Liabilities: S08's short term assets (IDR4,987.3B) exceed its long term liabilities (IDR849.6B).
Debt to Equity History and Analysis
Debt Level: S08's net debt to equity ratio (42.5%) is considered high.
Reducing Debt: S08's debt to equity ratio has reduced from 98.7% to 44.2% over the past 5 years.
Debt Coverage: S08's debt is well covered by operating cash flow (33%).
Interest Coverage: S08's interest payments on its debt are well covered by EBIT (13.5x coverage).