Argo Pantes Balance Sheet Health
Financial Health criteria checks 1/6
Argo Pantes has a total shareholder equity of IDR140.8B and total debt of IDR573.6B, which brings its debt-to-equity ratio to 407.4%. Its total assets and total liabilities are IDR1,095.3B and IDR954.5B respectively. Argo Pantes's EBIT is IDR1.2B making its interest coverage ratio 0. It has cash and short-term investments of IDR10.3B.
Key information
407.4%
Debt to equity ratio
Rp573.59b
Debt
Interest coverage ratio | 0.03x |
Cash | Rp10.30b |
Equity | Rp140.80b |
Total liabilities | Rp954.53b |
Total assets | Rp1.10t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARGO's short term assets (IDR176.4B) do not cover its short term liabilities (IDR474.8B).
Long Term Liabilities: ARGO's short term assets (IDR176.4B) do not cover its long term liabilities (IDR479.8B).
Debt to Equity History and Analysis
Debt Level: ARGO's net debt to equity ratio (400.1%) is considered high.
Reducing Debt: ARGO had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ARGO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ARGO has less than a year of cash runway if free cash flow continues to grow at historical rates of 7% each year.