PT PP Maintains its Leverage

Pembangunan Perumahan, Tbk (PTPP:IJ) has a total debt of IDR8.2Trn, and equity IDR12.5Trn, until September 2017. This figure amidst the issue of construction company cash flow, which is became one of the market’s attention lately. From there, the ratio of debt to equity only around 0.6 times, or still far below 1 times, since the company’s assets of IDR35.3Trn. This position indicates the maintain level of company’s leverage. In terms of earning before interest rate tax and depreciation (EBITDA), the number reached of IDR1.8Trn.To subscribe please click here