Cemindo Gemilang Balance Sheet Health
Financial Health criteria checks 2/6
Cemindo Gemilang has a total shareholder equity of IDR3,805.6B and total debt of IDR8,474.4B, which brings its debt-to-equity ratio to 222.7%. Its total assets and total liabilities are IDR17,223.7B and IDR13,418.1B respectively. Cemindo Gemilang's EBIT is IDR551.3B making its interest coverage ratio 0.8. It has cash and short-term investments of IDR434.9B.
Key information
222.7%
Debt to equity ratio
Rp8.47t
Debt
| Interest coverage ratio | 0.8x |
| Cash | Rp434.93b |
| Equity | Rp3.81t |
| Total liabilities | Rp13.42t |
| Total assets | Rp17.22t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CMNT's short term assets (IDR3,407.0B) do not cover its short term liabilities (IDR8,300.2B).
Long Term Liabilities: CMNT's short term assets (IDR3,407.0B) do not cover its long term liabilities (IDR5,117.9B).
Debt to Equity History and Analysis
Debt Level: CMNT's net debt to equity ratio (211.3%) is considered high.
Reducing Debt: CMNT's debt to equity ratio has reduced from 244.3% to 222.7% over the past 5 years.
Debt Coverage: CMNT's debt is well covered by operating cash flow (30.8%).
Interest Coverage: CMNT's interest payments on its debt are not well covered by EBIT (0.8x coverage).