Ace Oldfields Balance Sheet Health
Financial Health criteria checks 5/6
Ace Oldfields has a total shareholder equity of IDR156.5B and total debt of IDR63.4B, which brings its debt-to-equity ratio to 40.5%. Its total assets and total liabilities are IDR264.4B and IDR107.9B respectively. Ace Oldfields's EBIT is IDR18.3B making its interest coverage ratio 3.1. It has cash and short-term investments of IDR24.8B.
Key information
40.5%
Debt to equity ratio
Rp63.38b
Debt
| Interest coverage ratio | 3.1x |
| Cash | Rp24.81b |
| Equity | Rp156.45b |
| Total liabilities | Rp107.90b |
| Total assets | Rp264.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KUAS's short term assets (IDR158.8B) exceed its short term liabilities (IDR80.4B).
Long Term Liabilities: KUAS's short term assets (IDR158.8B) exceed its long term liabilities (IDR27.5B).
Debt to Equity History and Analysis
Debt Level: KUAS's net debt to equity ratio (24.7%) is considered satisfactory.
Reducing Debt: KUAS's debt to equity ratio has reduced from 139.2% to 40.5% over the past 5 years.
Debt Coverage: KUAS's debt is not well covered by operating cash flow (10.5%).
Interest Coverage: KUAS's interest payments on its debt are well covered by EBIT (3.1x coverage).