PP (Persero) Balance Sheet Health
Financial Health criteria checks 2/6
PP (Persero) has a total shareholder equity of IDR15,317.7B and total debt of IDR18,675.9B, which brings its debt-to-equity ratio to 121.9%. Its total assets and total liabilities are IDR56,646.0B and IDR41,328.3B respectively. PP (Persero)'s EBIT is IDR631.3B making its interest coverage ratio 0.5. It has cash and short-term investments of IDR3,948.4B.
Key information
121.9%
Debt to equity ratio
Rp18.68t
Debt
Interest coverage ratio | 0.5x |
Cash | Rp3.95t |
Equity | Rp15.32t |
Total liabilities | Rp41.33t |
Total assets | Rp56.65t |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PTPP's short term assets (IDR31,237.3B) exceed its short term liabilities (IDR27,108.2B).
Long Term Liabilities: PTPP's short term assets (IDR31,237.3B) exceed its long term liabilities (IDR14,220.1B).
Debt to Equity History and Analysis
Debt Level: PTPP's net debt to equity ratio (96.1%) is considered high.
Reducing Debt: PTPP's debt to equity ratio has increased from 80% to 121.9% over the past 5 years.
Debt Coverage: PTPP's debt is not well covered by operating cash flow (3.8%).
Interest Coverage: PTPP's interest payments on its debt are not well covered by EBIT (0.5x coverage).