PT. Indika Energy Balance Sheet Health
Financial Health criteria checks 5/6
PT. Indika Energy has a total shareholder equity of $1.4B and total debt of $1.1B, which brings its debt-to-equity ratio to 78.7%. Its total assets and total liabilities are $3.1B and $1.7B respectively. PT. Indika Energy's EBIT is $278.1M making its interest coverage ratio 4.4. It has cash and short-term investments of $595.9M.
Key information
78.7%
Debt to equity ratio
US$1.08b
Debt
Interest coverage ratio | 4.4x |
Cash | US$595.88m |
Equity | US$1.38b |
Total liabilities | US$1.74b |
Total assets | US$3.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: INDY's short term assets ($1.5B) exceed its short term liabilities ($982.5M).
Long Term Liabilities: INDY's short term assets ($1.5B) exceed its long term liabilities ($753.5M).
Debt to Equity History and Analysis
Debt Level: INDY's net debt to equity ratio (35.4%) is considered satisfactory.
Reducing Debt: INDY's debt to equity ratio has reduced from 128.2% to 78.7% over the past 5 years.
Debt Coverage: INDY's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: INDY's interest payments on its debt are well covered by EBIT (4.4x coverage).