Tower Bersama Infrastructure Balance Sheet Health
Financial Health criteria checks 1/6
Tower Bersama Infrastructure has a total shareholder equity of IDR12,361.0B and total debt of IDR29,141.2B, which brings its debt-to-equity ratio to 235.8%. Its total assets and total liabilities are IDR46,966.5B and IDR34,605.4B respectively. Tower Bersama Infrastructure's EBIT is IDR4,217.4B making its interest coverage ratio 2.3. It has cash and short-term investments of IDR806.4B.
Key information
235.8%
Debt to equity ratio
Rp29.14t
Debt
Interest coverage ratio | 2.3x |
Cash | Rp806.39b |
Equity | Rp12.36t |
Total liabilities | Rp34.61t |
Total assets | Rp46.97t |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TBIG's short term assets (IDR5,257.6B) do not cover its short term liabilities (IDR15,257.6B).
Long Term Liabilities: TBIG's short term assets (IDR5,257.6B) do not cover its long term liabilities (IDR19,347.8B).
Debt to Equity History and Analysis
Debt Level: TBIG's net debt to equity ratio (229.2%) is considered high.
Reducing Debt: TBIG's debt to equity ratio has reduced from 620.8% to 235.8% over the past 5 years.
Debt Coverage: TBIG's debt is not well covered by operating cash flow (15%).
Interest Coverage: TBIG's interest payments on its debt are not well covered by EBIT (2.3x coverage).