Pikko Land Development Balance Sheet Health
Financial Health criteria checks 2/6
Pikko Land Development has a total shareholder equity of IDR2,178.3B and total debt of IDR1,046.7B, which brings its debt-to-equity ratio to 48.1%. Its total assets and total liabilities are IDR3,400.9B and IDR1,222.6B respectively. Pikko Land Development's EBIT is IDR21.0B making its interest coverage ratio 0.4. It has cash and short-term investments of IDR46.5B.
Key information
48.1%
Debt to equity ratio
Rp1.05t
Debt
Interest coverage ratio | 0.4x |
Cash | Rp46.49b |
Equity | Rp2.18t |
Total liabilities | Rp1.22t |
Total assets | Rp3.40t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RODA's short term assets (IDR1,430.2B) exceed its short term liabilities (IDR270.6B).
Long Term Liabilities: RODA's short term assets (IDR1,430.2B) exceed its long term liabilities (IDR952.0B).
Debt to Equity History and Analysis
Debt Level: RODA's net debt to equity ratio (45.9%) is considered high.
Reducing Debt: RODA's debt to equity ratio has increased from 37.8% to 48.1% over the past 5 years.
Debt Coverage: RODA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: RODA's interest payments on its debt are not well covered by EBIT (0.4x coverage).