Gowa Makassar Tourism Development Balance Sheet Health
Financial Health criteria checks 6/6
Gowa Makassar Tourism Development has a total shareholder equity of IDR816.5B and total debt of IDR65.3M, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are IDR1,166.5B and IDR350.0B respectively. Gowa Makassar Tourism Development's EBIT is IDR248.6B making its interest coverage ratio 9.5. It has cash and short-term investments of IDR18.3B.
Key information
0.008%
Debt to equity ratio
Rp65.28m
Debt
Interest coverage ratio | 9.5x |
Cash | Rp18.31b |
Equity | Rp816.47b |
Total liabilities | Rp350.03b |
Total assets | Rp1.17t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GMTD's short term assets (IDR599.9B) exceed its short term liabilities (IDR260.4B).
Long Term Liabilities: GMTD's short term assets (IDR599.9B) exceed its long term liabilities (IDR89.6B).
Debt to Equity History and Analysis
Debt Level: GMTD has more cash than its total debt.
Reducing Debt: GMTD's debt to equity ratio has reduced from 9.1% to 0.01% over the past 5 years.
Debt Coverage: GMTD's debt is well covered by operating cash flow (48440.5%).
Interest Coverage: GMTD's interest payments on its debt are well covered by EBIT (9.5x coverage).