Palma Serasih Balance Sheet Health
Financial Health criteria checks 6/6
Palma Serasih has a total shareholder equity of IDR2,337.4B and total debt of IDR1,279.0B, which brings its debt-to-equity ratio to 54.7%. Its total assets and total liabilities are IDR3,926.9B and IDR1,589.5B respectively. Palma Serasih's EBIT is IDR469.9B making its interest coverage ratio 8.9. It has cash and short-term investments of IDR1,300.3B.
Key information
54.7%
Debt to equity ratio
Rp1.28t
Debt
| Interest coverage ratio | 8.9x |
| Cash | Rp1.30t |
| Equity | Rp2.34t |
| Total liabilities | Rp1.59t |
| Total assets | Rp3.93t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PSGO's short term assets (IDR1,620.0B) exceed its short term liabilities (IDR604.3B).
Long Term Liabilities: PSGO's short term assets (IDR1,620.0B) exceed its long term liabilities (IDR985.2B).
Debt to Equity History and Analysis
Debt Level: PSGO has more cash than its total debt.
Reducing Debt: PSGO's debt to equity ratio has reduced from 198.4% to 54.7% over the past 5 years.
Debt Coverage: PSGO's debt is well covered by operating cash flow (53.9%).
Interest Coverage: PSGO's interest payments on its debt are well covered by EBIT (8.9x coverage).