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A Systems View Across Time and Space

Table 2 SMGR’s lists of debts

From: A failure innovation strategy of acquisition during excess capacity: financial approach based on case study at the state-owned cement holding PT Semen Indonesia (Persero) Tbk

 

FY2018

FY2017

Net proportion

10% total revenue

6% total revenue

Proportion rights over SBI

Rp 664 billion (US$47.43 million)

n/a

Total debts

Rp 45 trillion (US$3,214.29 million)

Rp 18 trillion (US$1,285.71 million)

Interest rate

9%

 

DER

1,41

0,56

Short-term debts

Rp 14 trillion (US$1,000 million)

Rp 8 trillion (US$571.43 million)

Long-term debts

Rp 31 trillion (US$2,214.29 million)

Rp 10 trillion (US$714.29 million)

  1. Source: Author’s taken based on the published annual report