Adi Sarana Armada Balance Sheet Health
Financial Health criteria checks 3/6
Adi Sarana Armada has a total shareholder equity of IDR2,794.2B and total debt of IDR3,987.9B, which brings its debt-to-equity ratio to 142.7%. Its total assets and total liabilities are IDR7,598.2B and IDR4,804.0B respectively. Adi Sarana Armada's EBIT is IDR600.0B making its interest coverage ratio 2.3. It has cash and short-term investments of IDR935.2B.
Key information
142.7%
Debt to equity ratio
Rp3.99t
Debt
| Interest coverage ratio | 2.3x |
| Cash | Rp935.18b |
| Equity | Rp2.79t |
| Total liabilities | Rp4.80t |
| Total assets | Rp7.60t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASSA's short term assets (IDR1,688.9B) exceed its short term liabilities (IDR1,590.1B).
Long Term Liabilities: ASSA's short term assets (IDR1,688.9B) do not cover its long term liabilities (IDR3,213.9B).
Debt to Equity History and Analysis
Debt Level: ASSA's net debt to equity ratio (109.3%) is considered high.
Reducing Debt: ASSA's debt to equity ratio has reduced from 218.5% to 142.7% over the past 5 years.
Debt Coverage: ASSA's debt is well covered by operating cash flow (32%).
Interest Coverage: ASSA's interest payments on its debt are not well covered by EBIT (2.3x coverage).