AKR Corporindo Balance Sheet Health
Financial Health criteria checks 6/6
AKR Corporindo has a total shareholder equity of IDR13,617.3B and total debt of IDR4,503.3B, which brings its debt-to-equity ratio to 33.1%. Its total assets and total liabilities are IDR29,775.7B and IDR16,158.4B respectively. AKR Corporindo's EBIT is IDR3,040.5B making its interest coverage ratio -13.1. It has cash and short-term investments of IDR4,653.8B.
Key information
33.1%
Debt to equity ratio
Rp4.50t
Debt
| Interest coverage ratio | -13.1x |
| Cash | Rp4.65t |
| Equity | Rp13.62t |
| Total liabilities | Rp16.16t |
| Total assets | Rp29.78t |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: PKCP.Y's short term assets (IDR18,064.7B) exceed its short term liabilities (IDR11,568.0B).
Long Term Liabilities: PKCP.Y's short term assets (IDR18,064.7B) exceed its long term liabilities (IDR4,590.4B).
Debt to Equity History and Analysis
Debt Level: PKCP.Y has more cash than its total debt.
Reducing Debt: PKCP.Y's debt to equity ratio has reduced from 50.4% to 33.1% over the past 5 years.
Debt Coverage: PKCP.Y's debt is well covered by operating cash flow (36.8%).
Interest Coverage: PKCP.Y earns more interest than it pays, so coverage of interest payments is not a concern.