King Tire Indonesia Balance Sheet Health
Financial Health criteria checks 5/6
King Tire Indonesia has a total shareholder equity of IDR311.5B and total debt of IDR115.3B, which brings its debt-to-equity ratio to 37%. Its total assets and total liabilities are IDR481.8B and IDR170.3B respectively. King Tire Indonesia's EBIT is IDR36.2B making its interest coverage ratio 6.1. It has cash and short-term investments of IDR60.4B.
Key information
37.0%
Debt to equity ratio
Rp115.33b
Debt
| Interest coverage ratio | 6.1x |
| Cash | Rp60.38b |
| Equity | Rp311.50b |
| Total liabilities | Rp170.30b |
| Total assets | Rp481.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TYRE's short term assets (IDR272.7B) exceed its short term liabilities (IDR152.5B).
Long Term Liabilities: TYRE's short term assets (IDR272.7B) exceed its long term liabilities (IDR17.8B).
Debt to Equity History and Analysis
Debt Level: TYRE's net debt to equity ratio (17.6%) 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 well covered by operating cash flow (40.8%).
Interest Coverage: TYRE's interest payments on its debt are well covered by EBIT (6.1x coverage).