Tigaraksa Satria Balance Sheet Health
Financial Health criteria checks 5/6
Tigaraksa Satria has a total shareholder equity of IDR2,119.9B and total debt of IDR89.6B, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are IDR4,661.0B and IDR2,541.1B respectively. Tigaraksa Satria's EBIT is IDR466.0B making its interest coverage ratio -20.1. It has cash and short-term investments of IDR807.1B.
Key information
4.2%
Debt to equity ratio
Rp89.60b
Debt
| Interest coverage ratio | -20.1x |
| Cash | Rp807.06b |
| Equity | Rp2.12t |
| Total liabilities | Rp2.54t |
| Total assets | Rp4.66t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TGKA's short term assets (IDR3,893.5B) exceed its short term liabilities (IDR2,073.9B).
Long Term Liabilities: TGKA's short term assets (IDR3,893.5B) exceed its long term liabilities (IDR467.2B).
Debt to Equity History and Analysis
Debt Level: TGKA has more cash than its total debt.
Reducing Debt: TGKA's debt to equity ratio has increased from 1.4% to 4.2% over the past 5 years.
Debt Coverage: TGKA's debt is well covered by operating cash flow (170%).
Interest Coverage: TGKA earns more interest than it pays, so coverage of interest payments is not a concern.