PT Adaro Minerals Indonesia Tbk (ISX:ADMR) Debt-to-Equity : 0.37 (As of Mar. 2024)

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What is PT Adaro Minerals Indonesia Tbk Debt-to-Equity?

PT Adaro Minerals Indonesia Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp100,512 Mil. PT Adaro Minerals Indonesia Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp6,117,559 Mil. PT Adaro Minerals Indonesia Tbk's Total Stockholders Equity for the quarter that ended in Mar. 2024 was Rp16,826,757 Mil. PT Adaro Minerals Indonesia Tbk's debt to equity for the quarter that ended in Mar. 2024 was 0.37.

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 Adaro Minerals Indonesia Tbk's Debt-to-Equity or its related term are showing as below:

ISX:ADMR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.37 Med: 0.92 Max: 3.14
Current: 0.37

During the past 6 years, the highest Debt-to-Equity Ratio of PT Adaro Minerals Indonesia Tbk was 3.14. The lowest was 0.37. And the median was 0.92.

ISX:ADMR's Debt-to-Equity is ranked worse than
62.2% of 127 companies
in the Other Energy Sources industry
Industry Median: 0.24 vs ISX:ADMR: 0.37

PT Adaro Minerals Indonesia Tbk Debt-to-Equity Historical Data

The historical data trend for PT Adaro Minerals Indonesia 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 Adaro Minerals Indonesia Tbk Debt-to-Equity Chart

PT Adaro Minerals Indonesia Tbk Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.58

1.95

3.14

0.92

0.43

PT Adaro Minerals Indonesia Tbk Quarterly Data
	Dec18	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial											0.71	0.49	0.52	0.43	0.37

Competitive Comparison of PT Adaro Minerals Indonesia Tbk's Debt-to-Equity

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

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

* The bar in red indicates where PT Adaro Minerals Indonesia Tbk's Debt-to-Equity falls into.

PT Adaro Minerals Indonesia Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Adaro Minerals Indonesia 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
	=	(98569.858	+	6434003.364)	/	15051111.724
	=	0.43

PT Adaro Minerals Indonesia Tbk's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(100512.273	+	6117559.278)	/	16826756.614
	=	0.37

PT Adaro Minerals Indonesia Tbk (ISX:ADMR) 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 Adaro Minerals Indonesia Tbk Debt-to-Equity Related Terms

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PT Adaro Minerals Indonesia Tbk (ISX:ADMR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » PT Adaro Minerals Indonesia Tbk (ISX:ADMR) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

Cyber 2 Tower Lt.34 Jl. Rasuna Said, Blok X-5 No.13 Kel Kuningan Timur, Kec Setiabudi, Prov DKI, Kota Adm Jakarta Selatan, Jakarta, IDN

Website

https://www.adarominerals.id

PT Adaro Minerals Indonesia Tbk is engaged in metallurgical coal mining, and minerals mining and processing businesses. The company's business operations comprise coal mining and other services.

PT Adaro Minerals Indonesia Tbk (ISX:ADMR) Headlines

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