Salim Ivomas Pratama Balance Sheet Health
Financial Health criteria checks 6/6
Salim Ivomas Pratama has a total shareholder equity of IDR22,580.9B and total debt of IDR8,002.8B, which brings its debt-to-equity ratio to 35.4%. Its total assets and total liabilities are IDR35,702.9B and IDR13,121.9B respectively. Salim Ivomas Pratama's EBIT is IDR2,949.5B making its interest coverage ratio 10.2. It has cash and short-term investments of IDR5,268.9B.
Key information
35.4%
Debt to equity ratio
Rp8.00t
Debt
| Interest coverage ratio | 10.2x |
| Cash | Rp5.27t |
| Equity | Rp22.58t |
| Total liabilities | Rp13.12t |
| Total assets | Rp35.70t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SIMP's short term assets (IDR11,295.1B) exceed its short term liabilities (IDR9,563.9B).
Long Term Liabilities: SIMP's short term assets (IDR11,295.1B) exceed its long term liabilities (IDR3,558.0B).
Debt to Equity History and Analysis
Debt Level: SIMP's net debt to equity ratio (12.1%) is considered satisfactory.
Reducing Debt: SIMP's debt to equity ratio has reduced from 62.5% to 35.4% over the past 5 years.
Debt Coverage: SIMP's debt is well covered by operating cash flow (38.9%).
Interest Coverage: SIMP's interest payments on its debt are well covered by EBIT (10.2x coverage).