Mega Manunggal Property Balance Sheet Health
Financial Health criteria checks 2/6
Mega Manunggal Property has a total shareholder equity of IDR4,549.0B and total debt of IDR1,356.2B, which brings its debt-to-equity ratio to 29.8%. Its total assets and total liabilities are IDR6,712.0B and IDR2,163.0B respectively. Mega Manunggal Property's EBIT is IDR261.6B making its interest coverage ratio 2.3. It has cash and short-term investments of IDR558.2B.
Key information
29.8%
Debt to equity ratio
Rp1.36t
Debt
Interest coverage ratio | 2.3x |
Cash | Rp558.21b |
Equity | Rp4.55t |
Total liabilities | Rp2.16t |
Total assets | Rp6.71t |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MMLP's short term assets (IDR759.5B) exceed its short term liabilities (IDR717.1B).
Long Term Liabilities: MMLP's short term assets (IDR759.5B) do not cover its long term liabilities (IDR1,445.9B).
Debt to Equity History and Analysis
Debt Level: MMLP's net debt to equity ratio (17.5%) is considered satisfactory.
Reducing Debt: MMLP's debt to equity ratio has increased from 10.9% to 29.8% over the past 5 years.
Debt Coverage: MMLP's debt is not well covered by operating cash flow (15.4%).
Interest Coverage: MMLP's interest payments on its debt are not well covered by EBIT (2.3x coverage).