Indofood Agri Resources Balance Sheet Health
Financial Health criteria checks 6/6
Indofood Agri Resources has a total shareholder equity of IDR23,916.1B and total debt of IDR8,426.8B, which brings its debt-to-equity ratio to 35.2%. Its total assets and total liabilities are IDR37,117.7B and IDR13,201.6B respectively. Indofood Agri Resources's EBIT is IDR2,106.0B making its interest coverage ratio 5.1. It has cash and short-term investments of IDR5,225.5B.
Key information
35.2%
Debt to equity ratio
Rp8.43t
Debt
| Interest coverage ratio | 5.1x |
| Cash | Rp5.23t |
| Equity | Rp23.92t |
| Total liabilities | Rp13.20t |
| Total assets | Rp37.12t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: INDF.Y's short term assets (IDR9,943.9B) exceed its short term liabilities (IDR9,581.8B).
Long Term Liabilities: INDF.Y's short term assets (IDR9,943.9B) exceed its long term liabilities (IDR3,619.8B).
Debt to Equity History and Analysis
Debt Level: INDF.Y's net debt to equity ratio (13.4%) is considered satisfactory.
Reducing Debt: INDF.Y's debt to equity ratio has reduced from 55.7% to 35.2% over the past 5 years.
Debt Coverage: INDF.Y's debt is well covered by operating cash flow (45.1%).
Interest Coverage: INDF.Y's interest payments on its debt are well covered by EBIT (5.1x coverage).