Ace Oldfields Balance Sheet Health
Financial Health criteria checks 4/6
Ace Oldfields has a total shareholder equity of IDR156.9B and total debt of IDR70.0B, which brings its debt-to-equity ratio to 44.6%. Its total assets and total liabilities are IDR267.1B and IDR110.2B respectively. Ace Oldfields's EBIT is IDR18.7B making its interest coverage ratio 2.9. It has cash and short-term investments of IDR41.7B.
Key information
44.6%
Debt to equity ratio
Rp70.05b
Debt
| Interest coverage ratio | 2.9x |
| Cash | Rp41.72b |
| Equity | Rp156.95b |
| Total liabilities | Rp110.16b |
| Total assets | Rp267.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KUAS's short term assets (IDR164.1B) exceed its short term liabilities (IDR82.1B).
Long Term Liabilities: KUAS's short term assets (IDR164.1B) exceed its long term liabilities (IDR28.1B).
Debt to Equity History and Analysis
Debt Level: KUAS's net debt to equity ratio (18%) is considered satisfactory.
Reducing Debt: KUAS's debt to equity ratio has reduced from 131.5% to 44.6% over the past 5 years.
Debt Coverage: KUAS's debt is not well covered by operating cash flow (14.9%).
Interest Coverage: KUAS's interest payments on its debt are not well covered by EBIT (2.9x coverage).