Voksel Electric Balance Sheet Health
Financial Health criteria checks 2/6
Voksel Electric has a total shareholder equity of IDR708.2B and total debt of IDR941.9B, which brings its debt-to-equity ratio to 133%. Its total assets and total liabilities are IDR2,220.7B and IDR1,512.6B respectively. Voksel Electric's EBIT is IDR188.4B making its interest coverage ratio 2.2. It has cash and short-term investments of IDR262.5B.
Key information
133.0%
Debt to equity ratio
Rp941.93b
Debt
| Interest coverage ratio | 2.2x |
| Cash | Rp262.55b |
| Equity | Rp708.15b |
| Total liabilities | Rp1.51t |
| Total assets | Rp2.22t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VOKS's short term assets (IDR1,701.7B) exceed its short term liabilities (IDR1,125.4B).
Long Term Liabilities: VOKS's short term assets (IDR1,701.7B) exceed its long term liabilities (IDR387.2B).
Debt to Equity History and Analysis
Debt Level: VOKS's net debt to equity ratio (95.9%) is considered high.
Reducing Debt: VOKS's debt to equity ratio has increased from 34.5% to 133% over the past 5 years.
Debt Coverage: VOKS's debt is not well covered by operating cash flow (19.8%).
Interest Coverage: VOKS's interest payments on its debt are not well covered by EBIT (2.2x coverage).