TIMAH Balance Sheet Health
Financial Health criteria checks 6/6
TIMAH has a total shareholder equity of IDR7,183.7B and total debt of IDR2,279.3B, which brings its debt-to-equity ratio to 31.7%. Its total assets and total liabilities are IDR12,817.0B and IDR5,633.3B respectively. TIMAH's EBIT is IDR1,020.8B making its interest coverage ratio 3.3. It has cash and short-term investments of IDR1,839.2B.
Key information
31.7%
Debt to equity ratio
Rp2.28t
Debt
| Interest coverage ratio | 3.3x |
| Cash | Rp1.84t |
| Equity | Rp7.18t |
| Total liabilities | Rp5.63t |
| Total assets | Rp12.82t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TINS's short term assets (IDR5,982.4B) exceed its short term liabilities (IDR2,402.4B).
Long Term Liabilities: TINS's short term assets (IDR5,982.4B) exceed its long term liabilities (IDR3,230.9B).
Debt to Equity History and Analysis
Debt Level: TINS's net debt to equity ratio (6.1%) is considered satisfactory.
Reducing Debt: TINS's debt to equity ratio has reduced from 187.8% to 31.7% over the past 5 years.
Debt Coverage: TINS's debt is well covered by operating cash flow (89.6%).
Interest Coverage: TINS's interest payments on its debt are well covered by EBIT (3.3x coverage).