Steady Safe Balance Sheet Health
Financial Health criteria checks 4/6
Steady Safe has a total shareholder equity of IDR2.1B and total debt of IDR46.4B, which brings its debt-to-equity ratio to 2190.7%. Its total assets and total liabilities are IDR213.6B and IDR211.5B respectively. Steady Safe's EBIT is IDR66.1B making its interest coverage ratio 4.5. It has cash and short-term investments of IDR2.6B.
Key information
2,190.7%
Debt to equity ratio
Rp46.41b
Debt
| Interest coverage ratio | 4.5x |
| Cash | Rp2.59b |
| Equity | Rp2.12b |
| Total liabilities | Rp211.49b |
| Total assets | Rp213.61b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SAFE's short term assets (IDR22.8B) do not cover its short term liabilities (IDR199.2B).
Long Term Liabilities: SAFE's short term assets (IDR22.8B) exceed its long term liabilities (IDR12.3B).
Debt to Equity History and Analysis
Debt Level: SAFE's net debt to equity ratio (2068.3%) is considered high.
Reducing Debt: SAFE had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: SAFE's debt is well covered by operating cash flow (157.2%).
Interest Coverage: SAFE's interest payments on its debt are well covered by EBIT (4.5x coverage).