Asiaplast Industries Balance Sheet Health
Financial Health criteria checks 6/6
Asiaplast Industries has a total shareholder equity of IDR333.8B and total debt of IDR89.5B, which brings its debt-to-equity ratio to 26.8%. Its total assets and total liabilities are IDR490.5B and IDR156.7B respectively. Asiaplast Industries's EBIT is IDR67.7B making its interest coverage ratio 108.6. It has cash and short-term investments of IDR125.2B.
Key information
26.8%
Debt to equity ratio
Rp89.50b
Debt
Interest coverage ratio | 108.6x |
Cash | Rp125.23b |
Equity | Rp333.85b |
Total liabilities | Rp156.66b |
Total assets | Rp490.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: APLI's short term assets (IDR231.7B) exceed its short term liabilities (IDR90.8B).
Long Term Liabilities: APLI's short term assets (IDR231.7B) exceed its long term liabilities (IDR65.9B).
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 97.3% to 26.8% over the past 5 years.
Debt Coverage: APLI's debt is well covered by operating cash flow (93.3%).
Interest Coverage: APLI's interest payments on its debt are well covered by EBIT (108.6x coverage).