Matahari Department Store Balance Sheet Health
Financial Health criteria checks 2/6
Matahari Department Store has a total shareholder equity of IDR112.5B and total debt of IDR400.0B, which brings its debt-to-equity ratio to 355.7%. Its total assets and total liabilities are IDR5,088.1B and IDR4,975.6B respectively. Matahari Department Store's EBIT is IDR1,193.7B making its interest coverage ratio 3.6. It has cash and short-term investments of IDR211.3B.
Key information
355.7%
Debt to equity ratio
Rp400.00b
Debt
| Interest coverage ratio | 3.6x |
| Cash | Rp211.29b |
| Equity | Rp112.46b |
| Total liabilities | Rp4.98t |
| Total assets | Rp5.09t |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LPPF's short term assets (IDR1,094.1B) do not cover its short term liabilities (IDR2,340.5B).
Long Term Liabilities: LPPF's short term assets (IDR1,094.1B) do not cover its long term liabilities (IDR2,635.1B).
Debt to Equity History and Analysis
Debt Level: LPPF's net debt to equity ratio (167.8%) is considered high.
Reducing Debt: LPPF's debt to equity ratio has increased from 5.9% to 355.7% over the past 5 years.
Debt Coverage: LPPF's debt is well covered by operating cash flow (519.8%).
Interest Coverage: LPPF's interest payments on its debt are well covered by EBIT (3.6x coverage).