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PT Clipan Finance Indonesia Tbk (ISX:CFIN) Debt-to-Equity : 0.78 (As of Mar. 2024)


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What is PT Clipan Finance Indonesia Tbk Debt-to-Equity?

PT Clipan Finance Indonesia Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp481,463 Mil. PT Clipan Finance Indonesia Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp3,868,559 Mil. PT Clipan Finance Indonesia Tbk's Total Stockholders Equity for the quarter that ended in Mar. 2024 was Rp5,612,850 Mil. PT Clipan Finance Indonesia Tbk's debt to equity for the quarter that ended in Mar. 2024 was 0.78.

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

ISX:CFIN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.41   Med: 0.84   Max: 1.62
Current: 0.78

During the past 13 years, the highest Debt-to-Equity Ratio of PT Clipan Finance Indonesia Tbk was 1.62. The lowest was 0.41. And the median was 0.84.

ISX:CFIN's Debt-to-Equity is ranked better than
57.51% of 433 companies
in the Credit Services industry
Industry Median: 1.18 vs ISX:CFIN: 0.78

PT Clipan Finance Indonesia Tbk Debt-to-Equity Historical Data

The historical data trend for PT Clipan Finance 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 Clipan Finance Indonesia Tbk Debt-to-Equity Chart

PT Clipan Finance Indonesia Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.48 1.24 0.42 0.49 0.73

PT Clipan Finance Indonesia 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.56 0.56 0.66 0.73 0.78

Competitive Comparison of PT Clipan Finance Indonesia Tbk's Debt-to-Equity

For the Credit Services subindustry, PT Clipan Finance 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 Clipan Finance Indonesia Tbk's Debt-to-Equity Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, PT Clipan Finance Indonesia Tbk's Debt-to-Equity distribution charts can be found below:

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



PT Clipan Finance Indonesia Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Clipan Finance Indonesia Tbk's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

PT Clipan Finance Indonesia Tbk's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


PT Clipan Finance Indonesia Tbk  (ISX:CFIN) 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 Clipan Finance Indonesia Tbk Debt-to-Equity Related Terms

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PT Clipan Finance Indonesia Tbk (ISX:CFIN) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Letjen. S. Parman, Kav. 12, Wisma Slipi Lantai 6, Jakarta, IDN, 11480
PT Clipan Finance Indonesia Tbk is engaged in providing financial services. Its segments are Finance Lease, Sale and Leaseback, consumer financing, and factoring. It focuses on financing both commercial and non-commercial pre-owned four-wheeled cars with high resale value.

PT Clipan Finance Indonesia Tbk (ISX:CFIN) Headlines

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