Adi Sarana Armada Balance Sheet Health
Financial Health criteria checks 1/6
Adi Sarana Armada has a total shareholder equity of IDR2,602.5B and total debt of IDR3,864.4B, which brings its debt-to-equity ratio to 148.5%. Its total assets and total liabilities are IDR7,335.8B and IDR4,733.3B respectively. Adi Sarana Armada's EBIT is IDR328.8B making its interest coverage ratio 1.3. It has cash and short-term investments of IDR895.0B.
Key information
148.5%
Debt to equity ratio
Rp3.86t
Debt
| Interest coverage ratio | 1.3x |
| Cash | Rp895.03b |
| Equity | Rp2.60t |
| Total liabilities | Rp4.73t |
| Total assets | Rp7.34t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASSA's short term assets (IDR1,466.1B) do not cover its short term liabilities (IDR1,663.3B).
Long Term Liabilities: ASSA's short term assets (IDR1,466.1B) do not cover its long term liabilities (IDR3,070.0B).
Debt to Equity History and Analysis
Debt Level: ASSA's net debt to equity ratio (114.1%) is considered high.
Reducing Debt: ASSA's debt to equity ratio has reduced from 206.5% to 148.5% over the past 5 years.
Debt Coverage: ASSA's debt is not well covered by operating cash flow (12.3%).
Interest Coverage: ASSA's interest payments on its debt are not well covered by EBIT (1.3x coverage).