Voksel Electric Balance Sheet Health
Financial Health criteria checks 3/6
Voksel Electric has a total shareholder equity of IDR738.7B and total debt of IDR960.2B, which brings its debt-to-equity ratio to 130%. Its total assets and total liabilities are IDR2,133.2B and IDR1,394.5B respectively. Voksel Electric's EBIT is IDR128.2B making its interest coverage ratio 1.8. It has cash and short-term investments of IDR248.6B.
Key information
130.0%
Debt to equity ratio
Rp960.22b
Debt
| Interest coverage ratio | 1.8x |
| Cash | Rp248.55b |
| Equity | Rp738.71b |
| Total liabilities | Rp1.39t |
| Total assets | Rp2.13t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VOKS's short term assets (IDR1,619.2B) exceed its short term liabilities (IDR1,009.4B).
Long Term Liabilities: VOKS's short term assets (IDR1,619.2B) exceed its long term liabilities (IDR385.1B).
Debt to Equity History and Analysis
Debt Level: VOKS's net debt to equity ratio (96.3%) is considered high.
Reducing Debt: VOKS's debt to equity ratio has increased from 47.4% to 130% over the past 5 years.
Debt Coverage: VOKS's debt is well covered by operating cash flow (29.3%).
Interest Coverage: VOKS's interest payments on its debt are not well covered by EBIT (1.8x coverage).