Pelat Timah Nusantara Balance Sheet Health
Financial Health criteria checks 3/6
Pelat Timah Nusantara has a total shareholder equity of $54.5M and total debt of $68.7M, which brings its debt-to-equity ratio to 126.1%. Its total assets and total liabilities are $133.0M and $78.5M respectively. Pelat Timah Nusantara's EBIT is $542.8K making its interest coverage ratio 0.2. It has cash and short-term investments of $3.7M.
Key information
126.1%
Debt to equity ratio
US$68.69m
Debt
| Interest coverage ratio | 0.2x |
| Cash | US$3.70m |
| Equity | US$54.47m |
| Total liabilities | US$78.51m |
| Total assets | US$132.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NIKL's short term assets ($104.9M) exceed its short term liabilities ($76.2M).
Long Term Liabilities: NIKL's short term assets ($104.9M) exceed its long term liabilities ($2.3M).
Debt to Equity History and Analysis
Debt Level: NIKL's net debt to equity ratio (119.3%) is considered high.
Reducing Debt: NIKL's debt to equity ratio has reduced from 139.1% to 126.1% over the past 5 years.
Debt Coverage: NIKL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NIKL's interest payments on its debt are not well covered by EBIT (0.2x coverage).