Ciputra Development Balance Sheet Health
Financial Health criteria checks 6/6
Ciputra Development has a total shareholder equity of IDR23,060.7B and total debt of IDR8,033.1B, which brings its debt-to-equity ratio to 34.8%. Its total assets and total liabilities are IDR45,064.3B and IDR22,003.5B respectively. Ciputra Development's EBIT is IDR3,028.2B making its interest coverage ratio 3.6. It has cash and short-term investments of IDR10,654.5B.
Key information
34.8%
Debt to equity ratio
Rp8.03t
Debt
Interest coverage ratio | 3.6x |
Cash | Rp10.65t |
Equity | Rp23.06t |
Total liabilities | Rp22.00t |
Total assets | Rp45.06t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTRA's short term assets (IDR26,252.4B) exceed its short term liabilities (IDR12,011.0B).
Long Term Liabilities: CTRA's short term assets (IDR26,252.4B) exceed its long term liabilities (IDR9,992.6B).
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 50.7% to 34.8% over the past 5 years.
Debt Coverage: CTRA's debt is well covered by operating cash flow (48.1%).
Interest Coverage: CTRA's interest payments on its debt are well covered by EBIT (3.6x coverage).