Hoffmen Cleanindo Balance Sheet Health
Financial Health criteria checks 4/6
Hoffmen Cleanindo has a total shareholder equity of IDR93.5B and total debt of IDR18.7B, which brings its debt-to-equity ratio to 20.1%. Its total assets and total liabilities are IDR147.2B and IDR53.8B respectively. Hoffmen Cleanindo's EBIT is IDR4.5B making its interest coverage ratio 4.3. It has cash and short-term investments of IDR74.9B.
Key information
20.1%
Debt to equity ratio
Rp18.75b
Debt
| Interest coverage ratio | 4.3x |
| Cash | Rp74.93b |
| Equity | Rp93.47b |
| Total liabilities | Rp53.75b |
| Total assets | Rp147.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KING's short term assets (IDR127.4B) exceed its short term liabilities (IDR48.5B).
Long Term Liabilities: KING's short term assets (IDR127.4B) exceed its long term liabilities (IDR5.2B).
Debt to Equity History and Analysis
Debt Level: KING has more cash than its total debt.
Reducing Debt: Insufficient data to determine if KING's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: KING's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: KING's interest payments on its debt are well covered by EBIT (4.3x coverage).