Fortune Mate Indonesia Balance Sheet Health
Financial Health criteria checks 6/6
Fortune Mate Indonesia has a total shareholder equity of IDR669.3B and total debt of IDR69.5B, which brings its debt-to-equity ratio to 10.4%. Its total assets and total liabilities are IDR782.3B and IDR113.0B respectively. Fortune Mate Indonesia's EBIT is IDR18.0B making its interest coverage ratio 474.6. It has cash and short-term investments of IDR1.6B.
Key information
10.4%
Debt to equity ratio
Rp69.54b
Debt
Interest coverage ratio | 474.6x |
Cash | Rp1.61b |
Equity | Rp669.32b |
Total liabilities | Rp113.02b |
Total assets | Rp782.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FMII's short term assets (IDR184.7B) exceed its short term liabilities (IDR89.6B).
Long Term Liabilities: FMII's short term assets (IDR184.7B) exceed its long term liabilities (IDR23.4B).
Debt to Equity History and Analysis
Debt Level: FMII's net debt to equity ratio (10.1%) is considered satisfactory.
Reducing Debt: FMII's debt to equity ratio has reduced from 31.1% to 10.4% over the past 5 years.
Debt Coverage: FMII's debt is well covered by operating cash flow (30.5%).
Interest Coverage: FMII's interest payments on its debt are well covered by EBIT (474.6x coverage).