Pelangi Indah Canindo Balance Sheet Health
Financial Health criteria checks 3/6
Pelangi Indah Canindo has a total shareholder equity of IDR205.0B and total debt of IDR88.4B, which brings its debt-to-equity ratio to 43.1%. Its total assets and total liabilities are IDR736.0B and IDR531.1B respectively. Pelangi Indah Canindo's EBIT is IDR11.1B making its interest coverage ratio 1. It has cash and short-term investments of IDR5.3B.
Key information
43.1%
Debt to equity ratio
Rp88.41b
Debt
| Interest coverage ratio | 1x |
| Cash | Rp5.27b |
| Equity | Rp204.95b |
| Total liabilities | Rp531.09b |
| Total assets | Rp736.04b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PICO's short term assets (IDR366.7B) exceed its short term liabilities (IDR175.8B).
Long Term Liabilities: PICO's short term assets (IDR366.7B) exceed its long term liabilities (IDR355.3B).
Debt to Equity History and Analysis
Debt Level: PICO's net debt to equity ratio (40.6%) is considered high.
Reducing Debt: PICO's debt to equity ratio has reduced from 112.7% to 43.1% over the past 5 years.
Debt Coverage: PICO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PICO's interest payments on its debt are not well covered by EBIT (1x coverage).