PT Bukit Asam Tbk (PT Bukit Asam Tbk) Debt-to-Equity : 0.06 (As of Dec. 2023)

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What is PT Bukit Asam Tbk Debt-to-Equity?

PT Bukit Asam Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $36 Mil. PT Bukit Asam Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $48 Mil. PT Bukit Asam Tbk's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,390 Mil. PT Bukit Asam Tbk's debt to equity for the quarter that ended in Dec. 2023 was 0.06.

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 Bukit Asam Tbk's Debt-to-Equity or its related term are showing as below:

TBNGY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.06 Max: 0.27
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of PT Bukit Asam Tbk was 0.27. The lowest was 0.04. And the median was 0.06.

TBNGY's Debt-to-Equity is ranked better than
78.12% of 128 companies
in the Other Energy Sources industry
Industry Median: 0.23 vs TBNGY: 0.06

PT Bukit Asam Tbk Debt-to-Equity Historical Data

The historical data trend for PT Bukit Asam 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 Bukit Asam Tbk Debt-to-Equity Chart

PT Bukit Asam Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.04

0.06

0.04

0.05

0.06

PT Bukit Asam 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															0.05	0.04	0.08	0.07	0.06

Competitive Comparison of PT Bukit Asam Tbk's Debt-to-Equity

For the Thermal Coal subindustry, PT Bukit Asam 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 Bukit Asam Tbk's Debt-to-Equity Distribution in the Other Energy Sources Industry

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

* The bar in red indicates where PT Bukit Asam Tbk's Debt-to-Equity falls into.

PT Bukit Asam Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Bukit Asam 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
	=	(36.197	+	48.24)	/	1390.409
	=	0.06

PT Bukit Asam 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
	=	(36.197	+	48.24)	/	1390.409
	=	0.06

PT Bukit Asam Tbk (OTCPK:TBNGY) 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 Bukit Asam Tbk Debt-to-Equity Related Terms

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PT Bukit Asam Tbk (PT Bukit Asam Tbk) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » PT Bukit Asam Tbk (OTCPK:TBNGY) » Definitions » Debt-to-Equity

Traded in Other Exchanges

PBATF:USA PTBA:Indonesia TBA:Germany

Address

Jalan Parigi No. 1, Tanjung Enim, Muara Enim, South Sumatra, Palembang, IDN, 31716

Website

https://www.ptba.co.id

PT Bukit Asam Tbk is an Indonesia-based company engaged in the coal mining industry and related activities, including general probing, exploration, exploitation, processing, transportation, and trading, managing coal port facilities for own needs or other parties, operating coal-fired power plants for own needs and other parties, and providing consulting and engineering services related to the coal mining industry and its processed products, plantation development, and health services. The company earns a majority of its revenue from Indonesia.

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