Prima Globalindo Logistik Balance Sheet Health
Financial Health criteria checks 6/6
Prima Globalindo Logistik has a total shareholder equity of IDR148.1B and total debt of IDR35.0B, which brings its debt-to-equity ratio to 23.6%. Its total assets and total liabilities are IDR234.9B and IDR86.8B respectively. Prima Globalindo Logistik's EBIT is IDR22.0B making its interest coverage ratio 8.6. It has cash and short-term investments of IDR12.5B.
Key information
23.6%
Debt to equity ratio
Rp35.01b
Debt
| Interest coverage ratio | 8.6x |
| Cash | Rp12.48b |
| Equity | Rp148.12b |
| Total liabilities | Rp86.75b |
| Total assets | Rp234.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PPGL's short term assets (IDR100.9B) exceed its short term liabilities (IDR68.2B).
Long Term Liabilities: PPGL's short term assets (IDR100.9B) exceed its long term liabilities (IDR18.5B).
Debt to Equity History and Analysis
Debt Level: PPGL's net debt to equity ratio (15.2%) is considered satisfactory.
Reducing Debt: PPGL's debt to equity ratio has reduced from 40.2% to 23.6% over the past 5 years.
Debt Coverage: PPGL's debt is well covered by operating cash flow (111.4%).
Interest Coverage: PPGL's interest payments on its debt are well covered by EBIT (8.6x coverage).