PT Central Omega Resources Tbk (ISX:DKFT) Debt-to-Equity : 1.35 (As of Dec. 2023)

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What is PT Central Omega Resources Tbk Debt-to-Equity?

PT Central Omega Resources Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was Rp22,427 Mil. PT Central Omega Resources Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was Rp804,052 Mil. PT Central Omega Resources Tbk's Total Stockholders Equity for the quarter that ended in Dec. 2023 was Rp611,488 Mil. PT Central Omega Resources Tbk's debt to equity for the quarter that ended in Dec. 2023 was 1.35.

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 Central Omega Resources Tbk's Debt-to-Equity or its related term are showing as below:

ISX:DKFT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 1.05 Max: 1.64
Current: 1.35

During the past 13 years, the highest Debt-to-Equity Ratio of PT Central Omega Resources Tbk was 1.64. The lowest was 0.00. And the median was 1.05.

ISX:DKFT's Debt-to-Equity is ranked worse than
91.37% of 1309 companies
in the Metals & Mining industry
Industry Median: 0.13 vs ISX:DKFT: 1.35

PT Central Omega Resources Tbk Debt-to-Equity Historical Data

The historical data trend for PT Central Omega Resources 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 Central Omega Resources Tbk Debt-to-Equity Chart

PT Central Omega Resources Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.05

1.21

1.64

1.44

1.35

PT Central Omega Resources 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															1.44	1.52	1.40	1.33	1.35

Competitive Comparison of PT Central Omega Resources Tbk's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, PT Central Omega Resources 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 Central Omega Resources Tbk's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Central Omega Resources Tbk's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where PT Central Omega Resources Tbk's Debt-to-Equity falls into.

PT Central Omega Resources Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Central Omega Resources 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
	=	(22426.657	+	804051.845)	/	611488.231
	=	1.35

PT Central Omega Resources 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
	=	(22426.657	+	804051.845)	/	611488.231
	=	1.35

PT Central Omega Resources Tbk (ISX:DKFT) 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 Central Omega Resources Tbk Debt-to-Equity Related Terms

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PT Central Omega Resources Tbk (ISX:DKFT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PT Central Omega Resources Tbk (ISX:DKFT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Jenderal Sudirman Kav 59, Plaza Asia, Lantai 6/6th Floor, Jakarta Selatan, Jakarta, IDN, 12190

Website

https://www.centralomega.com

PT Central Omega Resources Tbk is a nickel ore mining company. The company through its subsidiaries is also engaged in trading of mining resources and mining activities. All the operation of the firm is operated in Indonesia, further, the business presence of the firm can be across the region of Indonesia.

PT Central Omega Resources Tbk (ISX:DKFT) Headlines

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