Mitra Pack Balance Sheet Health
Financial Health criteria checks 5/6
Mitra Pack has a total shareholder equity of IDR173.8B and total debt of IDR37.2B, which brings its debt-to-equity ratio to 21.4%. Its total assets and total liabilities are IDR249.9B and IDR76.1B respectively. Mitra Pack's EBIT is IDR14.0B making its interest coverage ratio 5.4. It has cash and short-term investments of IDR12.9B.
Key information
21.4%
Debt to equity ratio
Rp37.22b
Debt
Interest coverage ratio | 5.4x |
Cash | Rp12.93b |
Equity | Rp173.79b |
Total liabilities | Rp76.12b |
Total assets | Rp249.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PTMP's short term assets (IDR221.8B) exceed its short term liabilities (IDR59.8B).
Long Term Liabilities: PTMP's short term assets (IDR221.8B) exceed its long term liabilities (IDR16.3B).
Debt to Equity History and Analysis
Debt Level: PTMP's net debt to equity ratio (14%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if PTMP's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PTMP's debt is well covered by operating cash flow (35.8%).
Interest Coverage: PTMP's interest payments on its debt are well covered by EBIT (5.4x coverage).