Perusahaan Gas Negara Balance Sheet Health
Financial Health criteria checks 6/6
Perusahaan Gas Negara has a total shareholder equity of $3.5B and total debt of $1.1B, which brings its debt-to-equity ratio to 31.5%. Its total assets and total liabilities are $6.6B and $3.1B respectively. Perusahaan Gas Negara's EBIT is $517.4M making its interest coverage ratio 12.3. It has cash and short-term investments of $1.3B.
Key information
31.5%
Debt to equity ratio
US$1.11b
Debt
Interest coverage ratio | 12.3x |
Cash | US$1.27b |
Equity | US$3.54b |
Total liabilities | US$3.06b |
Total assets | US$6.60b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: PPAA.F's short term assets ($1.9B) exceed its short term liabilities ($1.5B).
Long Term Liabilities: PPAA.F's short term assets ($1.9B) exceed its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: PPAA.F has more cash than its total debt.
Reducing Debt: PPAA.F's debt to equity ratio has reduced from 109.4% to 31.5% over the past 5 years.
Debt Coverage: PPAA.F's debt is well covered by operating cash flow (64.9%).
Interest Coverage: PPAA.F's interest payments on its debt are well covered by EBIT (12.3x coverage).