Adaro Energy Indonesia Balance Sheet Health
Financial Health criteria checks 6/6
Adaro Energy Indonesia has a total shareholder equity of $7.4B and total debt of $1.3B, which brings its debt-to-equity ratio to 17.9%. Its total assets and total liabilities are $10.5B and $3.1B respectively. Adaro Energy Indonesia's EBIT is $2.2B making its interest coverage ratio -63.3. It has cash and short-term investments of $3.4B.
Key information
17.9%
Debt to equity ratio
US$1.33b
Debt
Interest coverage ratio | -63.3x |
Cash | US$3.36b |
Equity | US$7.41b |
Total liabilities | US$3.06b |
Total assets | US$10.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ADRO's short term assets ($4.3B) exceed its short term liabilities ($2.1B).
Long Term Liabilities: ADRO's short term assets ($4.3B) exceed its long term liabilities ($928.7M).
Debt to Equity History and Analysis
Debt Level: ADRO has more cash than its total debt.
Reducing Debt: ADRO's debt to equity ratio has reduced from 29.5% to 17.9% over the past 5 years.
Debt Coverage: ADRO's debt is well covered by operating cash flow (86.8%).
Interest Coverage: ADRO earns more interest than it pays, so coverage of interest payments is not a concern.