Steady Safe Balance Sheet Health
Financial Health criteria checks 1/6
Steady Safe has a total shareholder equity of IDR-28.3B and total debt of IDR49.3B, which brings its debt-to-equity ratio to -174.1%. Its total assets and total liabilities are IDR232.2B and IDR260.5B respectively. Steady Safe's EBIT is IDR52.9B making its interest coverage ratio 2.6. It has cash and short-term investments of IDR8.3B.
Key information
-174.1%
Debt to equity ratio
Rp49.32b
Debt
| Interest coverage ratio | 2.6x |
| Cash | Rp8.35b |
| Equity | -Rp28.32b |
| Total liabilities | Rp260.49b |
| Total assets | Rp232.17b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAFE has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: SAFE 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: SAFE has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: SAFE's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: SAFE's debt is well covered by operating cash flow (119.1%).
Interest Coverage: SAFE's interest payments on its debt are not well covered by EBIT (2.6x coverage).