Asiaplast Industries Balance Sheet Health
Financial Health criteria checks 6/6
Asiaplast Industries has a total shareholder equity of IDR344.2B and total debt of IDR70.4B, which brings its debt-to-equity ratio to 20.4%. Its total assets and total liabilities are IDR480.1B and IDR135.9B respectively. Asiaplast Industries's EBIT is IDR33.9B making its interest coverage ratio -24.4. It has cash and short-term investments of IDR109.7B.
Key information
20.4%
Debt to equity ratio
Rp70.35b
Debt
| Interest coverage ratio | -24.4x |
| Cash | Rp109.73b |
| Equity | Rp344.17b |
| Total liabilities | Rp135.92b |
| Total assets | Rp480.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: APLI's short term assets (IDR222.3B) exceed its short term liabilities (IDR68.2B).
Long Term Liabilities: APLI's short term assets (IDR222.3B) exceed its long term liabilities (IDR67.8B).
Debt to Equity History and Analysis
Debt Level: APLI has more cash than its total debt.
Reducing Debt: APLI's debt to equity ratio has reduced from 76.5% to 20.4% over the past 5 years.
Debt Coverage: APLI's debt is well covered by operating cash flow (59.2%).
Interest Coverage: APLI earns more interest than it pays, so coverage of interest payments is not a concern.