PT King Tire Indonesia Tbk

IDX:TYRE Stock Report

Market Cap: Rp413.9b

King Tire Indonesia Balance Sheet Health

Financial Health criteria checks 4/6

King Tire Indonesia has a total shareholder equity of IDR304.2B and total debt of IDR112.6B, which brings its debt-to-equity ratio to 37%. Its total assets and total liabilities are IDR461.1B and IDR156.9B respectively. King Tire Indonesia's EBIT is IDR31.0B making its interest coverage ratio 4.9. It has cash and short-term investments of IDR23.4B.

Key information

37.0%

Debt to equity ratio

Rp112.56b

Debt

Interest coverage ratio4.9x
CashRp23.39b
EquityRp304.21b
Total liabilitiesRp156.93b
Total assetsRp461.14b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: TYRE's short term assets (IDR268.7B) exceed its short term liabilities (IDR139.4B).

Long Term Liabilities: TYRE's short term assets (IDR268.7B) exceed its long term liabilities (IDR17.5B).


Debt to Equity History and Analysis

Debt Level: TYRE's net debt to equity ratio (29.3%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if TYRE's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: TYRE's debt is not well covered by operating cash flow (6.2%).

Interest Coverage: TYRE's interest payments on its debt are well covered by EBIT (4.9x coverage).


Balance Sheet


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