RMK Energy Balance Sheet Health
Financial Health criteria checks 6/6
RMK Energy has a total shareholder equity of IDR1,522.7B and total debt of IDR455.4B, which brings its debt-to-equity ratio to 29.9%. Its total assets and total liabilities are IDR2,209.8B and IDR687.1B respectively. RMK Energy's EBIT is IDR303.6B making its interest coverage ratio 12.1. It has cash and short-term investments of IDR19.8B.
Key information
29.9%
Debt to equity ratio
Rp455.36b
Debt
Interest coverage ratio | 12.1x |
Cash | Rp19.77b |
Equity | Rp1.52t |
Total liabilities | Rp687.13b |
Total assets | Rp2.21t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RMKE's short term assets (IDR1,127.3B) exceed its short term liabilities (IDR606.1B).
Long Term Liabilities: RMKE's short term assets (IDR1,127.3B) exceed its long term liabilities (IDR81.0B).
Debt to Equity History and Analysis
Debt Level: RMKE's net debt to equity ratio (28.6%) is considered satisfactory.
Reducing Debt: RMKE's debt to equity ratio has reduced from 69.8% to 29.9% over the past 5 years.
Debt Coverage: RMKE's debt is well covered by operating cash flow (70.3%).
Interest Coverage: RMKE's interest payments on its debt are well covered by EBIT (12.1x coverage).