Tower Bersama Infrastructure Balance Sheet Health
Financial Health criteria checks 1/6
Tower Bersama Infrastructure has a total shareholder equity of IDR12,210.2B and total debt of IDR29,550.5B, which brings its debt-to-equity ratio to 242%. Its total assets and total liabilities are IDR46,213.1B and IDR34,003.0B respectively. Tower Bersama Infrastructure's EBIT is IDR4,288.0B making its interest coverage ratio 2.3. It has cash and short-term investments of IDR585.5B.
Key information
242.0%
Debt to equity ratio
Rp29.55t
Debt
| Interest coverage ratio | 2.3x |
| Cash | Rp585.45b |
| Equity | Rp12.21t |
| Total liabilities | Rp34.00t |
| Total assets | Rp46.21t |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TBIG's short term assets (IDR4,451.8B) do not cover its short term liabilities (IDR21,612.2B).
Long Term Liabilities: TBIG's short term assets (IDR4,451.8B) do not cover its long term liabilities (IDR12,390.8B).
Debt to Equity History and Analysis
Debt Level: TBIG's net debt to equity ratio (237.2%) is considered high.
Reducing Debt: TBIG's debt to equity ratio has reduced from 564.6% to 242% over the past 5 years.
Debt Coverage: TBIG's debt is not well covered by operating cash flow (16.8%).
Interest Coverage: TBIG's interest payments on its debt are not well covered by EBIT (2.3x coverage).