Globe Kita Terang Balance Sheet Health

Financial Health criteria checks 2/6

Globe Kita Terang has a total shareholder equity of IDR-1,001.7B and total debt of IDR472.3B, which brings its debt-to-equity ratio to -47.1%. Its total assets and total liabilities are IDR7.3B and IDR1,009.0B respectively. Globe Kita Terang's EBIT is IDR2.9B making its interest coverage ratio 0.1. It has cash and short-term investments of IDR872.9M.

Key information

-47.1%

Debt to equity ratio

Rp472.28b

Debt

Interest coverage ratio0.07x
CashRp872.87m
Equity-Rp1.00t
Total liabilitiesRp1.01t
Total assetsRp7.31b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: GLOB has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: GLOB has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: GLOB has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: GLOB's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable GLOB has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: GLOB is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 12.7% per year.


Discover healthy companies