TBS Energi Utama Balance Sheet Health
Financial Health criteria checks 4/6
TBS Energi Utama has a total shareholder equity of $454.9M and total debt of $353.3M, which brings its debt-to-equity ratio to 77.7%. Its total assets and total liabilities are $932.2M and $477.3M respectively. TBS Energi Utama's EBIT is $55.5M making its interest coverage ratio -3.2. It has cash and short-term investments of $68.7M.
Key information
77.7%
Debt to equity ratio
US$353.28m
Debt
| Interest coverage ratio | -3.2x |
| Cash | US$68.74m |
| Equity | US$454.85m |
| Total liabilities | US$477.32m |
| Total assets | US$932.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TOBA's short term assets ($246.0M) exceed its short term liabilities ($133.7M).
Long Term Liabilities: TOBA's short term assets ($246.0M) do not cover its long term liabilities ($343.6M).
Debt to Equity History and Analysis
Debt Level: TOBA's net debt to equity ratio (62.6%) is considered high.
Reducing Debt: TOBA's debt to equity ratio has reduced from 94.4% to 77.7% over the past 5 years.
Debt Coverage: TOBA's debt is well covered by operating cash flow (31.6%).
Interest Coverage: TOBA earns more interest than it pays, so coverage of interest payments is not a concern.