Ancora Indonesia Resources Balance Sheet Health
Financial Health criteria checks 5/6
Ancora Indonesia Resources has a total shareholder equity of $42.1M and total debt of $71.4M, which brings its debt-to-equity ratio to 169.5%. Its total assets and total liabilities are $182.9M and $140.8M respectively. Ancora Indonesia Resources's EBIT is $25.8M making its interest coverage ratio 3.5. It has cash and short-term investments of $8.6M.
Key information
169.5%
Debt to equity ratio
US$71.39m
Debt
| Interest coverage ratio | 3.5x |
| Cash | US$8.56m |
| Equity | US$42.11m |
| Total liabilities | US$140.82m |
| Total assets | US$182.93m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OKAS's short term assets ($79.5M) exceed its short term liabilities ($75.9M).
Long Term Liabilities: OKAS's short term assets ($79.5M) exceed its long term liabilities ($64.9M).
Debt to Equity History and Analysis
Debt Level: OKAS's net debt to equity ratio (149.2%) is considered high.
Reducing Debt: OKAS's debt to equity ratio has reduced from 939% to 169.5% over the past 5 years.
Debt Coverage: OKAS's debt is well covered by operating cash flow (34.8%).
Interest Coverage: OKAS's interest payments on its debt are well covered by EBIT (3.5x coverage).