Cemindo Gemilang Balance Sheet Health
Financial Health criteria checks 2/6
Cemindo Gemilang has a total shareholder equity of IDR3,753.0B and total debt of IDR9,361.7B, which brings its debt-to-equity ratio to 249.4%. Its total assets and total liabilities are IDR17,644.7B and IDR13,891.6B respectively. Cemindo Gemilang's EBIT is IDR910.7B making its interest coverage ratio 1.2. It has cash and short-term investments of IDR390.2B.
Key information
249.4%
Debt to equity ratio
Rp9.36t
Debt
Interest coverage ratio | 1.2x |
Cash | Rp390.23b |
Equity | Rp3.75t |
Total liabilities | Rp13.89t |
Total assets | Rp17.64t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CMNT's short term assets (IDR3,705.5B) do not cover its short term liabilities (IDR7,840.0B).
Long Term Liabilities: CMNT's short term assets (IDR3,705.5B) do not cover its long term liabilities (IDR6,051.7B).
Debt to Equity History and Analysis
Debt Level: CMNT's net debt to equity ratio (239%) is considered high.
Reducing Debt: CMNT's debt to equity ratio has reduced from 255% to 249.4% over the past 5 years.
Debt Coverage: CMNT's debt is well covered by operating cash flow (20.8%).
Interest Coverage: CMNT's interest payments on its debt are not well covered by EBIT (1.2x coverage).