PT Indo Tambangraya Megah Tbk (PT Indo Tambangraya Megah Tbk) Debt-to-Equity : 0.03 (As of Dec. 2023)

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What is PT Indo Tambangraya Megah Tbk Debt-to-Equity?

PT Indo Tambangraya Megah Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $46 Mil. PT Indo Tambangraya Megah Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $8 Mil. PT Indo Tambangraya Megah Tbk's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,788 Mil. PT Indo Tambangraya Megah Tbk's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for PT Indo Tambangraya Megah Tbk's Debt-to-Equity or its related term are showing as below:

ITAYY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.03 Max: 0.08
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of PT Indo Tambangraya Megah Tbk was 0.08. The lowest was 0.01. And the median was 0.03.

ITAYY's Debt-to-Equity is ranked better than
87.5% of 128 companies
in the Other Energy Sources industry
Industry Median: 0.23 vs ITAYY: 0.03

PT Indo Tambangraya Megah Tbk Debt-to-Equity Historical Data

The historical data trend for PT Indo Tambangraya Megah Tbk's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

PT Indo Tambangraya Megah Tbk Debt-to-Equity Chart

PT Indo Tambangraya Megah Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.01

0.08

0.04

0.03

PT Indo Tambangraya Megah Tbk Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.03	0.03	0.02	0.02	0.03

Competitive Comparison of PT Indo Tambangraya Megah Tbk's Debt-to-Equity

For the Thermal Coal subindustry, PT Indo Tambangraya Megah Tbk's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

PT Indo Tambangraya Megah Tbk's Debt-to-Equity Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Indo Tambangraya Megah Tbk's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where PT Indo Tambangraya Megah Tbk's Debt-to-Equity falls into.

PT Indo Tambangraya Megah Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Indo Tambangraya Megah Tbk's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(46.25	+	7.622)	/	1787.579
	=	0.03

PT Indo Tambangraya Megah Tbk's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(46.25	+	7.622)	/	1787.579
	=	0.03

PT Indo Tambangraya Megah Tbk (OTCPK:ITAYY) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

PT Indo Tambangraya Megah Tbk Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of PT Indo Tambangraya Megah Tbk's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Indo Tambangraya Megah Tbk (PT Indo Tambangraya Megah Tbk) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » PT Indo Tambangraya Megah Tbk (OTCPK:ITAYY) » Definitions » Debt-to-Equity

Traded in Other Exchanges

PTIZF:USA ITMG:Indonesia 3IB:Germany

Address

Jalan Sultan Iskandar Muda, Pondok Indah Office Tower III, 3rd Floor, Kav V-TA, Jakarta, IDN, 12310

Website

https://www.itmg.co.id

PT Indo Tambangraya Megah Tbk is an Indonesia-based coal mining company. It operates in three segments: Upstream business, which includes coal mining, blending, and sales; Energy supply chain management segment includes fuel distribution, sales, and logistics, as well as empowerment of internal mining contractors; and Downstream segment includes the development of power plants and renewable energy ventures. The company's geographical segments include Taiwan, China, Hong Kong, and Korea; Domestic; South East Asia (excluding Indonesia), India, and Pakistan; Japan; Europe; and Australia & Oceania.

PT Indo Tambangraya Megah Tbk (PT Indo Tambangraya Megah Tbk) Headlines

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