Perusahaan Gas Negara Balance Sheet Health
Financial Health criteria checks 6/6
Perusahaan Gas Negara has a total shareholder equity of $3.7B and total debt of $1.1B, which brings its debt-to-equity ratio to 28.9%. Its total assets and total liabilities are $6.7B and $3.1B respectively. Perusahaan Gas Negara's EBIT is $547.1M making its interest coverage ratio 18.5. It has cash and short-term investments of $1.4B.
Key information
28.9%
Debt to equity ratio
US$1.06b
Debt
Interest coverage ratio | 18.5x |
Cash | US$1.41b |
Equity | US$3.67b |
Total liabilities | US$3.06b |
Total assets | US$6.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PGAS's short term assets ($2.1B) exceed its short term liabilities ($1.5B).
Long Term Liabilities: PGAS's short term assets ($2.1B) exceed its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: PGAS has more cash than its total debt.
Reducing Debt: PGAS's debt to equity ratio has reduced from 87.9% to 28.9% over the past 5 years.
Debt Coverage: PGAS's debt is well covered by operating cash flow (68.2%).
Interest Coverage: PGAS's interest payments on its debt are well covered by EBIT (18.5x coverage).