PT Budi Starch & Sweetener Tbk (ISX:BUDI) Debt-to-Equity : 0.93 (As of Mar. 2024)

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What is PT Budi Starch & Sweetener Tbk Debt-to-Equity?

PT Budi Starch & Sweetener Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp1,202,995 Mil. PT Budi Starch & Sweetener Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp180,550 Mil. PT Budi Starch & Sweetener Tbk's Total Stockholders Equity for the quarter that ended in Mar. 2024 was Rp1,487,779 Mil. PT Budi Starch & Sweetener Tbk's debt to equity for the quarter that ended in Mar. 2024 was 0.93.

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 Budi Starch & Sweetener Tbk's Debt-to-Equity or its related term are showing as below:

ISX:BUDI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.85 Med: 1.14 Max: 1.85
Current: 0.93

During the past 13 years, the highest Debt-to-Equity Ratio of PT Budi Starch & Sweetener Tbk was 1.85. The lowest was 0.85. And the median was 1.14.

ISX:BUDI's Debt-to-Equity is ranked worse than
75.83% of 1647 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs ISX:BUDI: 0.93

PT Budi Starch & Sweetener Tbk Debt-to-Equity Historical Data

The historical data trend for PT Budi Starch & Sweetener 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.

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PT Budi Starch & Sweetener Tbk Debt-to-Equity Chart

PT Budi Starch & Sweetener Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.04

0.98

0.87

0.94

0.89

PT Budi Starch & Sweetener Tbk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.97	0.98	0.93	0.89	0.93

Competitive Comparison of PT Budi Starch & Sweetener Tbk's Debt-to-Equity

For the Packaged Foods subindustry, PT Budi Starch & Sweetener 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 Budi Starch & Sweetener Tbk's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Budi Starch & Sweetener Tbk's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where PT Budi Starch & Sweetener Tbk's Debt-to-Equity falls into.

PT Budi Starch & Sweetener Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Budi Starch & Sweetener 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
	=	(1096070	+	209040)	/	1466981
	=	0.89

PT Budi Starch & Sweetener 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
	=	(1202995	+	180550)	/	1487779
	=	0.93

PT Budi Starch & Sweetener Tbk (ISX:BUDI) 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 Budi Starch & Sweetener Tbk Debt-to-Equity Related Terms

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

PT Budi Starch & Sweetener Tbk (ISX:BUDI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Budi Starch & Sweetener Tbk (ISX:BUDI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan H.R. Rasuna Said Kav. C-6, Wisma Budi 8th - 9th Floor, Jakarta, IDN, 12940

Website

https://www.budistarchsweetener.com

PT Budi Starch & Sweetener Tbk is an Indonesia-based company involved in the packaged food business sector. The Company's primary activities include industrial food processing and chemicals, and all derivative products produced from cassava, sweet potato, palm oil, copra, and other agricultural products and a wide variety of industries, especially the plastics industry. The segments of the company are tapioca starch, sweeteners, PP Woven Bags, Sulphuric Acid, and Other Chemical Products. The company generates maximum revenue from Tapioca starch products.

PT Budi Starch & Sweetener Tbk (ISX:BUDI) Headlines

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