Sawit Sumbermas Sarana Balance Sheet Health
Financial Health criteria checks 2/6
Sawit Sumbermas Sarana has a total shareholder equity of IDR2,598.1B and total debt of IDR7,064.2B, which brings its debt-to-equity ratio to 271.9%. Its total assets and total liabilities are IDR11,493.0B and IDR8,894.9B respectively. Sawit Sumbermas Sarana's EBIT is IDR1,425.2B making its interest coverage ratio 2.7. It has cash and short-term investments of IDR883.3B.
Key information
271.9%
Debt to equity ratio
Rp7.06t
Debt
| Interest coverage ratio | 2.7x |
| Cash | Rp883.32b |
| Equity | Rp2.60t |
| Total liabilities | Rp8.89t |
| Total assets | Rp11.49t |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SSMS's short term assets (IDR4,985.2B) exceed its short term liabilities (IDR4,498.5B).
Long Term Liabilities: SSMS's short term assets (IDR4,985.2B) exceed its long term liabilities (IDR4,396.5B).
Debt to Equity History and Analysis
Debt Level: SSMS's net debt to equity ratio (237.9%) is considered high.
Reducing Debt: SSMS's debt to equity ratio has increased from 153.3% to 271.9% over the past 5 years.
Debt Coverage: SSMS's debt is not well covered by operating cash flow (16%).
Interest Coverage: SSMS's interest payments on its debt are not well covered by EBIT (2.7x coverage).