Alakasa Industrindo Balance Sheet Health
Financial Health criteria checks 5/6
Alakasa Industrindo has a total shareholder equity of IDR217.2B and total debt of IDR3.9B, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are IDR274.6B and IDR57.4B respectively. Alakasa Industrindo's EBIT is IDR25.9B making its interest coverage ratio -3.4. It has cash and short-term investments of IDR173.4B.
Key information
1.8%
Debt to equity ratio
Rp3.94b
Debt
| Interest coverage ratio | -3.4x |
| Cash | Rp173.43b |
| Equity | Rp217.22b |
| Total liabilities | Rp57.37b |
| Total assets | Rp274.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALKA's short term assets (IDR263.7B) exceed its short term liabilities (IDR55.0B).
Long Term Liabilities: ALKA's short term assets (IDR263.7B) exceed its long term liabilities (IDR2.4B).
Debt to Equity History and Analysis
Debt Level: ALKA has more cash than its total debt.
Reducing Debt: ALKA's debt to equity ratio has reduced from 2.3% to 1.8% over the past 5 years.
Debt Coverage: ALKA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ALKA earns more interest than it pays, so coverage of interest payments is not a concern.