Indah Kiat Pulp & Paper Balance Sheet Health
Financial Health criteria checks 4/6
Indah Kiat Pulp & Paper has a total shareholder equity of $6.2B and total debt of $4.3B, which brings its debt-to-equity ratio to 69.9%. Its total assets and total liabilities are $11.4B and $5.1B respectively. Indah Kiat Pulp & Paper's EBIT is $697.2M making its interest coverage ratio 2.9. It has cash and short-term investments of $2.9B.
Key information
69.9%
Debt to equity ratio
US$4.34b
Debt
| Interest coverage ratio | 2.9x |
| Cash | US$2.92b |
| Equity | US$6.21b |
| Total liabilities | US$5.14b |
| Total assets | US$11.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: INKP's short term assets ($6.1B) exceed its short term liabilities ($2.3B).
Long Term Liabilities: INKP's short term assets ($6.1B) exceed its long term liabilities ($2.8B).
Debt to Equity History and Analysis
Debt Level: INKP's net debt to equity ratio (22.9%) is considered satisfactory.
Reducing Debt: INKP's debt to equity ratio has reduced from 100.4% to 69.9% over the past 5 years.
Debt Coverage: INKP's debt is not well covered by operating cash flow (14.6%).
Interest Coverage: INKP's interest payments on its debt are not well covered by EBIT (2.9x coverage).