Sumber Mineral Global Abadi Balance Sheet Health
Financial Health criteria checks 3/6
Sumber Mineral Global Abadi has a total shareholder equity of IDR153.6B and total debt of IDR19.4B, which brings its debt-to-equity ratio to 12.6%. Its total assets and total liabilities are IDR280.8B and IDR127.2B respectively. Sumber Mineral Global Abadi's EBIT is IDR3.2B making its interest coverage ratio 0.9. It has cash and short-term investments of IDR511.0M.
Key information
12.6%
Debt to equity ratio
Rp19.41b
Debt
Interest coverage ratio | 0.9x |
Cash | Rp510.97m |
Equity | Rp153.57b |
Total liabilities | Rp127.19b |
Total assets | Rp280.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMGA's short term assets (IDR259.9B) exceed its short term liabilities (IDR124.9B).
Long Term Liabilities: SMGA's short term assets (IDR259.9B) exceed its long term liabilities (IDR2.3B).
Debt to Equity History and Analysis
Debt Level: SMGA's net debt to equity ratio (12.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if SMGA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SMGA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SMGA's interest payments on its debt are not well covered by EBIT (0.9x coverage).