Matahari Department Store Balance Sheet Health
Financial Health criteria checks 2/6
Matahari Department Store has a total shareholder equity of IDR112.3B and total debt of IDR215.0B, which brings its debt-to-equity ratio to 191.5%. Its total assets and total liabilities are IDR4,743.1B and IDR4,630.8B respectively. Matahari Department Store's EBIT is IDR1,230.3B making its interest coverage ratio 4. It has cash and short-term investments of IDR137.3B.
Key information
191.5%
Debt to equity ratio
Rp215.00b
Debt
| Interest coverage ratio | 4x |
| Cash | Rp137.27b |
| Equity | Rp112.27b |
| Total liabilities | Rp4.63t |
| Total assets | Rp4.74t |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LPPF's short term assets (IDR917.6B) do not cover its short term liabilities (IDR2,088.6B).
Long Term Liabilities: LPPF's short term assets (IDR917.6B) do not cover its long term liabilities (IDR2,542.2B).
Debt to Equity History and Analysis
Debt Level: LPPF's net debt to equity ratio (69.2%) is considered high.
Reducing Debt: LPPF's debt to equity ratio has increased from 28.3% to 191.5% over the past 5 years.
Debt Coverage: LPPF's debt is well covered by operating cash flow (986.4%).
Interest Coverage: LPPF's interest payments on its debt are well covered by EBIT (4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/18 23:38 |
| End of Day Share Price | 2025/01/17 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
PT Matahari Department Store Tbk is covered by 22 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Igor Nyoman | BNP Paribas Securities (Asia) |
| Swati Chopra | BofA Global Research |
| Erwan Teguh | CGS International |