PT Industri Dan Perdagangan Bintraco Dharma Tbk (ISX:CARS) Debt-to-Equity : 2.94 (As of Mar. 2024)

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What is PT Industri Dan Perdagangan Bintraco Dharma Tbk Debt-to-Equity?

PT Industri Dan Perdagangan Bintraco Dharma Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp1,676,322 Mil. PT Industri Dan Perdagangan Bintraco Dharma Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp245,430 Mil. PT Industri Dan Perdagangan Bintraco Dharma Tbk's Total Stockholders Equity for the quarter that ended in Mar. 2024 was Rp653,867 Mil. PT Industri Dan Perdagangan Bintraco Dharma Tbk's debt to equity for the quarter that ended in Mar. 2024 was 2.94.

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 Industri Dan Perdagangan Bintraco Dharma Tbk's Debt-to-Equity or its related term are showing as below:

ISX:CARS' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.94 Med: 4.05 Max: 14.12
Current: 2.94

During the past 11 years, the highest Debt-to-Equity Ratio of PT Industri Dan Perdagangan Bintraco Dharma Tbk was 14.12. The lowest was 2.94. And the median was 4.05.

ISX:CARS's Debt-to-Equity is ranked worse than
95.06% of 1174 companies
in the Vehicles & Parts industry
Industry Median: 0.47 vs ISX:CARS: 2.94

PT Industri Dan Perdagangan Bintraco Dharma Tbk Debt-to-Equity Historical Data

The historical data trend for PT Industri Dan Perdagangan Bintraco Dharma 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 Industri Dan Perdagangan Bintraco Dharma Tbk Debt-to-Equity Chart

PT Industri Dan Perdagangan Bintraco Dharma Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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3.54

6.36

14.12

6.28

3.25

PT Industri Dan Perdagangan Bintraco Dharma 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															4.63	4.12	3.68	3.25	2.94

Competitive Comparison of PT Industri Dan Perdagangan Bintraco Dharma Tbk's Debt-to-Equity

For the Auto & Truck Dealerships subindustry, PT Industri Dan Perdagangan Bintraco Dharma 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 Industri Dan Perdagangan Bintraco Dharma Tbk's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, PT Industri Dan Perdagangan Bintraco Dharma Tbk's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where PT Industri Dan Perdagangan Bintraco Dharma Tbk's Debt-to-Equity falls into.

PT Industri Dan Perdagangan Bintraco Dharma Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Industri Dan Perdagangan Bintraco Dharma 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
	=	(1712176.435	+	246433.495)	/	602907.53
	=	3.25

PT Industri Dan Perdagangan Bintraco Dharma 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
	=	(1676321.882	+	245430.118)	/	653866.756
	=	2.94

PT Industri Dan Perdagangan Bintraco Dharma Tbk (ISX:CARS) 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 Industri Dan Perdagangan Bintraco Dharma Tbk Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of PT Industri Dan Perdagangan Bintraco Dharma Tbk's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Industri Dan Perdagangan Bintraco Dharma Tbk (ISX:CARS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » PT Industri Dan Perdagangan Bintraco Dharma Tbk (ISX:CARS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Sunburst CBD Lot II No. 3, BSD City, Gedung CARSWORLD Lantai 8, Lengkong Gudang, Serpong, Banten, South Tangerang Selatan, IDN, 15321

Website

https://www.bintracodharma.com

PT Industri Dan Perdagangan Bintraco Dharma Tbk is an Indonesia-based company that engages in the automotive, financing, and other businesses. The services of the company include the sale of vehicles, the repair of vehicles, financing services related to motor vehicles, spare parts distribution, repair services, and trading activities as well as electronic system management services related to automotive that can be accessed through websites and mobile devices. The company also provides services that include general repair and body repair and paint of motor vehicles and sells spare parts and accessories for Toyota vehicles as part of its after-sales services. The company operates into segments namely, automotive, financing, and after-sales services.