Palma Serasih Balance Sheet Health
Financial Health criteria checks 6/6
Palma Serasih has a total shareholder equity of IDR2,237.1B and total debt of IDR1,574.8B, which brings its debt-to-equity ratio to 70.4%. Its total assets and total liabilities are IDR4,181.2B and IDR1,944.1B respectively. Palma Serasih's EBIT is IDR409.0B making its interest coverage ratio 3.5. It has cash and short-term investments of IDR1,543.8B.
Key information
70.4%
Debt to equity ratio
Rp1.57t
Debt
Interest coverage ratio | 3.5x |
Cash | Rp1.54t |
Equity | Rp2.24t |
Total liabilities | Rp1.94t |
Total assets | Rp4.18t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PSGO's short term assets (IDR1,865.4B) exceed its short term liabilities (IDR673.5B).
Long Term Liabilities: PSGO's short term assets (IDR1,865.4B) exceed its long term liabilities (IDR1,270.6B).
Debt to Equity History and Analysis
Debt Level: PSGO's net debt to equity ratio (1.4%) is considered satisfactory.
Reducing Debt: PSGO's debt to equity ratio has reduced from 430.7% to 70.4% over the past 5 years.
Debt Coverage: PSGO's debt is well covered by operating cash flow (42.7%).
Interest Coverage: PSGO's interest payments on its debt are well covered by EBIT (3.5x coverage).