Sinar Mas Agro Resources and Technology Balance Sheet Health
Financial Health criteria checks 3/6
Sinar Mas Agro Resources and Technology has a total shareholder equity of IDR19,326.5B and total debt of IDR17,213.5B, which brings its debt-to-equity ratio to 89.1%. Its total assets and total liabilities are IDR41,046.8B and IDR21,720.2B respectively. Sinar Mas Agro Resources and Technology's EBIT is IDR1,704.1B making its interest coverage ratio 1.5. It has cash and short-term investments of IDR1,646.9B.
Key information
89.1%
Debt to equity ratio
Rp17.21t
Debt
| Interest coverage ratio | 1.5x |
| Cash | Rp1.65t |
| Equity | Rp19.33t |
| Total liabilities | Rp21.72t |
| Total assets | Rp41.05t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMAR's short term assets (IDR20,284.3B) exceed its short term liabilities (IDR7,742.6B).
Long Term Liabilities: SMAR's short term assets (IDR20,284.3B) exceed its long term liabilities (IDR13,977.7B).
Debt to Equity History and Analysis
Debt Level: SMAR's net debt to equity ratio (80.5%) is considered high.
Reducing Debt: SMAR's debt to equity ratio has reduced from 111.4% to 89.1% over the past 5 years.
Debt Coverage: SMAR's debt is not well covered by operating cash flow (6.8%).
Interest Coverage: SMAR's interest payments on its debt are not well covered by EBIT (1.5x coverage).