PT. Garuda Indonesia (Persero) Balance Sheet Health
Financial Health criteria checks 1/6
PT. Garuda Indonesia (Persero) has a total shareholder equity of $-1.4B and total debt of $1.4B, which brings its debt-to-equity ratio to -101.1%. Its total assets and total liabilities are $6.5B and $7.9B respectively. PT. Garuda Indonesia (Persero)'s EBIT is $378.0M making its interest coverage ratio 0.8. It has cash and short-term investments of $211.2M.
Key information
-101.1%
Debt to equity ratio
US$1.43b
Debt
| Interest coverage ratio | 0.8x |
| Cash | US$211.16m |
| Equity | -US$1.41b |
| Total liabilities | US$7.92b |
| Total assets | US$6.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GIAA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: GIAA has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: GIAA has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: GIAA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: GIAA's debt is well covered by operating cash flow (34.2%).
Interest Coverage: GIAA's interest payments on its debt are not well covered by EBIT (0.8x coverage).