Indofood Agri Resources Balance Sheet Health
Financial Health criteria checks 6/6
Indofood Agri Resources has a total shareholder equity of IDR22,953.7B and total debt of IDR8,726.0B, which brings its debt-to-equity ratio to 38%. Its total assets and total liabilities are IDR37,640.3B and IDR14,686.7B respectively. Indofood Agri Resources's EBIT is IDR2,137.3B making its interest coverage ratio 4.6. It has cash and short-term investments of IDR4,584.8B.
Key information
38.0%
Debt to equity ratio
Rp8.73t
Debt
Interest coverage ratio | 4.6x |
Cash | Rp4.58t |
Equity | Rp22.95t |
Total liabilities | Rp14.69t |
Total assets | Rp37.64t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: INDF.Y's short term assets (IDR10,181.8B) exceed its short term liabilities (IDR9,492.6B).
Long Term Liabilities: INDF.Y's short term assets (IDR10,181.8B) exceed its long term liabilities (IDR5,194.1B).
Debt to Equity History and Analysis
Debt Level: INDF.Y's net debt to equity ratio (18%) is considered satisfactory.
Reducing Debt: INDF.Y's debt to equity ratio has reduced from 56.8% to 38% over the past 5 years.
Debt Coverage: INDF.Y's debt is well covered by operating cash flow (42.3%).
Interest Coverage: INDF.Y's interest payments on its debt are well covered by EBIT (4.6x coverage).