PP (Persero) Balance Sheet Health

Financial Health criteria checks 2/6

PP (Persero) has a total shareholder equity of IDR15,206.4B and total debt of IDR21,044.6B, which brings its debt-to-equity ratio to 138.4%. Its total assets and total liabilities are IDR57,910.4B and IDR42,703.9B respectively. PP (Persero)'s EBIT is IDR522.1B making its interest coverage ratio 0.3. It has cash and short-term investments of IDR3,069.0B.

Key information

138.4%

Debt to equity ratio

Rp21.04t

Debt

Interest coverage ratio0.3x
CashRp3.07t
EquityRp15.21t
Total liabilitiesRp42.70t
Total assetsRp57.91t

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: PTPP's short term assets (IDR31,316.2B) exceed its short term liabilities (IDR25,152.1B).

Long Term Liabilities: PTPP's short term assets (IDR31,316.2B) exceed its long term liabilities (IDR17,551.9B).


Debt to Equity History and Analysis

Debt Level: PTPP's net debt to equity ratio (118.2%) is considered high.

Reducing Debt: PTPP's debt to equity ratio has increased from 98.7% to 138.4% over the past 5 years.

Debt Coverage: PTPP's debt is not well covered by operating cash flow (2.6%).

Interest Coverage: PTPP's interest payments on its debt are not well covered by EBIT (0.3x coverage).


Balance Sheet


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