Red Planet Indonesia Balance Sheet Health
Financial Health criteria checks 4/6
Red Planet Indonesia has a total shareholder equity of IDR334.6B and total debt of IDR11.1B, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are IDR394.3B and IDR59.7B respectively.
Key information
3.3%
Debt to equity ratio
Rp11.11b
Debt
| Interest coverage ratio | n/a |
| Cash | Rp7.05b |
| Equity | Rp334.59b |
| Total liabilities | Rp59.71b |
| Total assets | Rp394.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PSKT's short term assets (IDR11.7B) do not cover its short term liabilities (IDR32.4B).
Long Term Liabilities: PSKT's short term assets (IDR11.7B) do not cover its long term liabilities (IDR27.3B).
Debt to Equity History and Analysis
Debt Level: PSKT's net debt to equity ratio (1.2%) is considered satisfactory.
Reducing Debt: PSKT's debt to equity ratio has reduced from 6.1% to 3.3% over the past 5 years.
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: Whilst unprofitable PSKT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PSKT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 18.9% per year.