Goodyear Indonesia Balance Sheet Health
Financial Health criteria checks 5/6
Goodyear Indonesia has a total shareholder equity of $51.0M and total debt of $6.8M, which brings its debt-to-equity ratio to 13.4%. Its total assets and total liabilities are $113.1M and $62.1M respectively. Goodyear Indonesia's EBIT is $8.7M making its interest coverage ratio 6.1. It has cash and short-term investments of $6.1M.
Key information
13.4%
Debt to equity ratio
US$6.83m
Debt
Interest coverage ratio | 6.1x |
Cash | US$6.08m |
Equity | US$51.00m |
Total liabilities | US$62.06m |
Total assets | US$113.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GDYR's short term assets ($43.7M) do not cover its short term liabilities ($60.5M).
Long Term Liabilities: GDYR's short term assets ($43.7M) exceed its long term liabilities ($1.6M).
Debt to Equity History and Analysis
Debt Level: GDYR's net debt to equity ratio (1.5%) is considered satisfactory.
Reducing Debt: GDYR's debt to equity ratio has reduced from 21.9% to 13.4% over the past 5 years.
Debt Coverage: GDYR's debt is well covered by operating cash flow (178.7%).
Interest Coverage: GDYR's interest payments on its debt are well covered by EBIT (6.1x coverage).