PT. Prima Alloy Steel Universal Balance Sheet Health
Financial Health criteria checks 3/6
PT. Prima Alloy Steel Universal has a total shareholder equity of IDR247.4B and total debt of IDR903.4B, which brings its debt-to-equity ratio to 365.2%. Its total assets and total liabilities are IDR1,440.9B and IDR1,193.5B respectively.
Key information
365.2%
Debt to equity ratio
Rp903.45b
Debt
| Interest coverage ratio | n/a |
| Cash | Rp2.49b |
| Equity | Rp247.39b |
| Total liabilities | Rp1.19t |
| Total assets | Rp1.44t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRAS's short term assets (IDR174.1B) exceed its short term liabilities (IDR172.0B).
Long Term Liabilities: PRAS's short term assets (IDR174.1B) do not cover its long term liabilities (IDR1,021.5B).
Debt to Equity History and Analysis
Debt Level: PRAS's net debt to equity ratio (364.2%) is considered high.
Reducing Debt: PRAS's debt to equity ratio has increased from 118.8% to 365.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable PRAS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PRAS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 3.6% per year.