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 ratio | 4.9x |
Cash | Rp23.39b |
Equity | Rp304.21b |
Total liabilities | Rp156.93b |
Total assets | Rp461.14b |
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).