Era Mandiri Cemerlang Balance Sheet Health
Financial Health criteria checks 3/6
Era Mandiri Cemerlang has a total shareholder equity of IDR73.7B and total debt of IDR46.0B, which brings its debt-to-equity ratio to 62.4%. Its total assets and total liabilities are IDR141.2B and IDR67.5B respectively. Era Mandiri Cemerlang's EBIT is IDR6.4B making its interest coverage ratio 1.5. It has cash and short-term investments of IDR1.9B.
Key information
62.4%
Debt to equity ratio
Rp45.96b
Debt
| Interest coverage ratio | 1.5x |
| Cash | Rp1.87b |
| Equity | Rp73.69b |
| Total liabilities | Rp67.50b |
| Total assets | Rp141.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IKAN's short term assets (IDR112.5B) exceed its short term liabilities (IDR63.7B).
Long Term Liabilities: IKAN's short term assets (IDR112.5B) exceed its long term liabilities (IDR3.8B).
Debt to Equity History and Analysis
Debt Level: IKAN's net debt to equity ratio (59.8%) is considered high.
Reducing Debt: IKAN's debt to equity ratio has reduced from 529.3% to 62.4% over the past 5 years.
Debt Coverage: IKAN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: IKAN's interest payments on its debt are not well covered by EBIT (1.5x coverage).