Prima Globalindo Logistik Balance Sheet Health
Financial Health criteria checks 6/6
Prima Globalindo Logistik has a total shareholder equity of IDR145.8B and total debt of IDR22.9B, which brings its debt-to-equity ratio to 15.7%. Its total assets and total liabilities are IDR198.9B and IDR53.1B respectively. Prima Globalindo Logistik's EBIT is IDR19.3B making its interest coverage ratio 10.3. It has cash and short-term investments of IDR10.8B.
Key information
15.7%
Debt to equity ratio
Rp22.90b
Debt
Interest coverage ratio | 10.3x |
Cash | Rp10.78b |
Equity | Rp145.81b |
Total liabilities | Rp53.12b |
Total assets | Rp198.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PPGL's short term assets (IDR83.6B) exceed its short term liabilities (IDR38.9B).
Long Term Liabilities: PPGL's short term assets (IDR83.6B) exceed its long term liabilities (IDR14.2B).
Debt to Equity History and Analysis
Debt Level: PPGL's net debt to equity ratio (8.3%) is considered satisfactory.
Reducing Debt: PPGL's debt to equity ratio has reduced from 80% to 15.7% over the past 5 years.
Debt Coverage: PPGL's debt is well covered by operating cash flow (166.5%).
Interest Coverage: PPGL's interest payments on its debt are well covered by EBIT (10.3x coverage).