PT Pikko Land Development Tbk

IDX:RODA Stock Report

Market Cap: Rp543.7b

Pikko Land Development Balance Sheet Health

Financial Health criteria checks 2/6

Pikko Land Development has a total shareholder equity of IDR2,170.1B and total debt of IDR1,044.9B, which brings its debt-to-equity ratio to 48.1%. Its total assets and total liabilities are IDR3,374.0B and IDR1,203.9B respectively. Pikko Land Development's EBIT is IDR18.1B making its interest coverage ratio 0.4. It has cash and short-term investments of IDR45.1B.

Key information

48.1%

Debt to equity ratio

Rp1.04t

Debt

Interest coverage ratio0.4x
CashRp45.09b
EquityRp2.17t
Total liabilitiesRp1.20t
Total assetsRp3.37t

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: RODA's short term assets (IDR1,403.9B) exceed its short term liabilities (IDR250.7B).

Long Term Liabilities: RODA's short term assets (IDR1,403.9B) exceed its long term liabilities (IDR953.1B).


Debt to Equity History and Analysis

Debt Level: RODA's net debt to equity ratio (46.1%) is considered high.

Reducing Debt: RODA's debt to equity ratio has increased from 39.3% 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).


Balance Sheet


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