Gudang Garam Balance Sheet Health
Financial Health criteria checks 6/6
Gudang Garam has a total shareholder equity of IDR61,855.0B and total debt of IDR4,512.4B, which brings its debt-to-equity ratio to 7.3%. Its total assets and total liabilities are IDR85,547.3B and IDR23,692.3B respectively. Gudang Garam's EBIT is IDR3,089.4B making its interest coverage ratio 5.4. It has cash and short-term investments of IDR3,935.5B.
Key information
7.3%
Debt to equity ratio
Rp4.51t
Debt
| Interest coverage ratio | 5.4x |
| Cash | Rp3.94t |
| Equity | Rp61.86t |
| Total liabilities | Rp23.69t |
| Total assets | Rp85.55t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GGRM's short term assets (IDR47,917.9B) exceed its short term liabilities (IDR21,413.6B).
Long Term Liabilities: GGRM's short term assets (IDR47,917.9B) exceed its long term liabilities (IDR2,278.7B).
Debt to Equity History and Analysis
Debt Level: GGRM's net debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: GGRM's debt to equity ratio has reduced from 18.7% to 7.3% over the past 5 years.
Debt Coverage: GGRM's debt is well covered by operating cash flow (144.7%).
Interest Coverage: GGRM's interest payments on its debt are well covered by EBIT (5.4x coverage).