Rig Tenders Indonesia Balance Sheet Health
Financial Health criteria checks 6/6
Rig Tenders Indonesia has a total shareholder equity of IDR778.8B and total debt of IDR0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are IDR798.8B and IDR20.1B respectively. Rig Tenders Indonesia's EBIT is IDR81.2B making its interest coverage ratio -10.2. It has cash and short-term investments of IDR301.8B.
Key information
0%
Debt to equity ratio
Rp0
Debt
| Interest coverage ratio | -10.2x |
| Cash | Rp301.75b |
| Equity | Rp778.77b |
| Total liabilities | Rp20.07b |
| Total assets | Rp798.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RIGS's short term assets (IDR390.1B) exceed its short term liabilities (IDR16.4B).
Long Term Liabilities: RIGS's short term assets (IDR390.1B) exceed its long term liabilities (IDR3.7B).
Debt to Equity History and Analysis
Debt Level: RIGS is debt free.
Reducing Debt: RIGS has no debt compared to 5 years ago when its debt to equity ratio was 12.4%.
Debt Coverage: RIGS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RIGS has no debt, therefore coverage of interest payments is not a concern.