TBS Energi Utama Balance Sheet Health
Financial Health criteria checks 2/6
TBS Energi Utama has a total shareholder equity of $423.7M and total debt of $398.9M, which brings its debt-to-equity ratio to 94.2%. Its total assets and total liabilities are $947.8M and $524.2M respectively. TBS Energi Utama's EBIT is $13.1M making its interest coverage ratio -0.7. It has cash and short-term investments of $50.3M.
Key information
94.2%
Debt to equity ratio
US$398.93m
Debt
Interest coverage ratio | -0.7x |
Cash | US$50.28m |
Equity | US$423.69m |
Total liabilities | US$524.15m |
Total assets | US$947.84m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TOBA's short term assets ($237.9M) exceed its short term liabilities ($148.4M).
Long Term Liabilities: TOBA's short term assets ($237.9M) do not cover its long term liabilities ($375.8M).
Debt to Equity History and Analysis
Debt Level: TOBA's net debt to equity ratio (82.3%) is considered high.
Reducing Debt: TOBA's debt to equity ratio has increased from 75.4% to 94.2% over the past 5 years.
Debt Coverage: TOBA's debt is not well covered by operating cash flow (9.3%).
Interest Coverage: TOBA earns more interest than it pays, so coverage of interest payments is not a concern.