Budi Starch & Sweetener Balance Sheet Health
Financial Health criteria checks 3/6
Budi Starch & Sweetener has a total shareholder equity of IDR1,591.3B and total debt of IDR1,305.1B, which brings its debt-to-equity ratio to 82%. Its total assets and total liabilities are IDR3,327.8B and IDR1,736.5B respectively. Budi Starch & Sweetener's EBIT is IDR242.0B making its interest coverage ratio 2. It has cash and short-term investments of IDR116.5B.
Key information
82.0%
Debt to equity ratio
Rp1.31t
Debt
Interest coverage ratio | 2x |
Cash | Rp116.50b |
Equity | Rp1.59t |
Total liabilities | Rp1.74t |
Total assets | Rp3.33t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BUDI's short term assets (IDR1,708.2B) exceed its short term liabilities (IDR1,251.7B).
Long Term Liabilities: BUDI's short term assets (IDR1,708.2B) exceed its long term liabilities (IDR484.8B).
Debt to Equity History and Analysis
Debt Level: BUDI's net debt to equity ratio (74.7%) is considered high.
Reducing Debt: BUDI's debt to equity ratio has reduced from 119.3% to 82% over the past 5 years.
Debt Coverage: BUDI's debt is not well covered by operating cash flow (14.6%).
Interest Coverage: BUDI's interest payments on its debt are not well covered by EBIT (2x coverage).