Destinasi Tirta Nusantara Balance Sheet Health
Financial Health criteria checks 1/6
Destinasi Tirta Nusantara has a total shareholder equity of IDR72.1B and total debt of IDR165.1B, which brings its debt-to-equity ratio to 229%. Its total assets and total liabilities are IDR265.9B and IDR193.8B respectively. Destinasi Tirta Nusantara's EBIT is IDR26.2B making its interest coverage ratio 2. It has cash and short-term investments of IDR26.3B.
Key information
229.0%
Debt to equity ratio
Rp165.11b
Debt
Interest coverage ratio | 2x |
Cash | Rp26.32b |
Equity | Rp72.11b |
Total liabilities | Rp193.81b |
Total assets | Rp265.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PDES's short term assets (IDR82.4B) exceed its short term liabilities (IDR81.0B).
Long Term Liabilities: PDES's short term assets (IDR82.4B) do not cover its long term liabilities (IDR112.8B).
Debt to Equity History and Analysis
Debt Level: PDES's net debt to equity ratio (192.5%) is considered high.
Reducing Debt: PDES's debt to equity ratio has increased from 85.4% to 229% over the past 5 years.
Debt Coverage: PDES's debt is not well covered by operating cash flow (11.8%).
Interest Coverage: PDES's interest payments on its debt are not well covered by EBIT (2x coverage).