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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 01:59 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
PT Gudang Garam Tbk is covered by 30 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Swati Chopra | BofA Global Research |
| Irenne Achmad | CGS International |
| Jason Chandra | CGS International |