Gudang Garam Balance Sheet Health
Financial Health criteria checks 6/6
Gudang Garam has a total shareholder equity of IDR60,862.8B and total debt of IDR13,395.8B, which brings its debt-to-equity ratio to 22%. Its total assets and total liabilities are IDR92,450.8B and IDR31,588.0B respectively. Gudang Garam's EBIT is IDR7,433.9B making its interest coverage ratio 12.8. It has cash and short-term investments of IDR4,261.3B.
Key information
22.0%
Debt to equity ratio
Rp13.40t
Debt
Interest coverage ratio | 12.8x |
Cash | Rp4.26t |
Equity | Rp60.86t |
Total liabilities | Rp31.59t |
Total assets | Rp92.45t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GGRM's short term assets (IDR54,115.2B) exceed its short term liabilities (IDR29,536.4B).
Long Term Liabilities: GGRM's short term assets (IDR54,115.2B) exceed its long term liabilities (IDR2,051.5B).
Debt to Equity History and Analysis
Debt Level: GGRM's net debt to equity ratio (15%) is considered satisfactory.
Reducing Debt: GGRM's debt to equity ratio has reduced from 38.4% to 22% over the past 5 years.
Debt Coverage: GGRM's debt is well covered by operating cash flow (32.9%).
Interest Coverage: GGRM's interest payments on its debt are well covered by EBIT (12.8x coverage).