Cardig Aero Services Balance Sheet Health
Financial Health criteria checks 6/6
Cardig Aero Services has a total shareholder equity of IDR1,429.7B and total debt of IDR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are IDR2,351.3B and IDR921.6B respectively. Cardig Aero Services's EBIT is IDR776.8B making its interest coverage ratio -20.5. It has cash and short-term investments of IDR1,268.7B.
Key information
0%
Debt to equity ratio
Rp0
Debt
| Interest coverage ratio | -20.5x |
| Cash | Rp1.27t |
| Equity | Rp1.43t |
| Total liabilities | Rp921.61b |
| Total assets | Rp2.35t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CASS's short term assets (IDR1,713.7B) exceed its short term liabilities (IDR783.2B).
Long Term Liabilities: CASS's short term assets (IDR1,713.7B) exceed its long term liabilities (IDR138.4B).
Debt to Equity History and Analysis
Debt Level: CASS is debt free.
Reducing Debt: CASS has no debt compared to 5 years ago when its debt to equity ratio was 29.4%.
Debt Coverage: CASS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CASS has no debt, therefore coverage of interest payments is not a concern.