Sinar Mas Multiartha Balance Sheet Health
Financial Health criteria checks 4/6
Sinar Mas Multiartha has a total shareholder equity of IDR24,828.5B and total debt of IDR11,608.3B, which brings its debt-to-equity ratio to 46.8%. Its total assets and total liabilities are IDR113,966.0B and IDR89,137.5B respectively. Sinar Mas Multiartha's EBIT is IDR3,057.9B making its interest coverage ratio 1.7. It has cash and short-term investments of IDR72,453.3B.
Key information
46.8%
Debt to equity ratio
Rp11.61t
Debt
Interest coverage ratio | 1.7x |
Cash | Rp72.45t |
Equity | Rp24.83t |
Total liabilities | Rp89.14t |
Total assets | Rp113.97t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SMMA's short term assets (IDR88,096.3B) exceed its short term liabilities (IDR53,409.6B).
Long Term Liabilities: SMMA's short term assets (IDR88,096.3B) exceed its long term liabilities (IDR35,727.9B).
Debt to Equity History and Analysis
Debt Level: SMMA has more cash than its total debt.
Reducing Debt: SMMA's debt to equity ratio has increased from 22.7% to 46.8% over the past 5 years.
Debt Coverage: SMMA's debt is well covered by operating cash flow (60.1%).
Interest Coverage: SMMA's interest payments on its debt are not well covered by EBIT (1.7x coverage).