Sumber Mineral Global Abadi Balance Sheet Health
Financial Health criteria checks 4/6
Sumber Mineral Global Abadi has a total shareholder equity of IDR350.5B and total debt of IDR27.8B, which brings its debt-to-equity ratio to 7.9%. Its total assets and total liabilities are IDR666.6B and IDR316.1B respectively. Sumber Mineral Global Abadi's EBIT is IDR25.4B making its interest coverage ratio 4.2. It has cash and short-term investments of IDR28.0B.
Key information
7.9%
Debt to equity ratio
Rp27.76b
Debt
| Interest coverage ratio | 4.2x |
| Cash | Rp28.01b |
| Equity | Rp350.52b |
| Total liabilities | Rp316.11b |
| Total assets | Rp666.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMGA's short term assets (IDR582.0B) exceed its short term liabilities (IDR306.4B).
Long Term Liabilities: SMGA's short term assets (IDR582.0B) exceed its long term liabilities (IDR9.7B).
Debt to Equity History and Analysis
Debt Level: SMGA has more cash than its total debt.
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 well covered by EBIT (4.2x coverage).