Ciputra Development Balance Sheet Health
Financial Health criteria checks 6/6
Ciputra Development has a total shareholder equity of IDR23,533.5B and total debt of IDR7,939.2B, which brings its debt-to-equity ratio to 33.7%. Its total assets and total liabilities are IDR46,512.7B and IDR22,979.2B respectively. Ciputra Development's EBIT is IDR2,990.9B making its interest coverage ratio 4.3. It has cash and short-term investments of IDR10,180.0B.
Key information
33.7%
Debt to equity ratio
Rp7.94t
Debt
| Interest coverage ratio | 4.3x |
| Cash | Rp10.18t |
| Equity | Rp23.53t |
| Total liabilities | Rp22.98t |
| Total assets | Rp46.51t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTRA's short term assets (IDR26,474.4B) exceed its short term liabilities (IDR12,982.3B).
Long Term Liabilities: CTRA's short term assets (IDR26,474.4B) exceed its long term liabilities (IDR9,996.8B).
Debt to Equity History and Analysis
Debt Level: CTRA has more cash than its total debt.
Reducing Debt: CTRA's debt to equity ratio has reduced from 52.5% to 33.7% over the past 5 years.
Debt Coverage: CTRA's debt is well covered by operating cash flow (47.5%).
Interest Coverage: CTRA's interest payments on its debt are well covered by EBIT (4.3x coverage).