PT Dharma Polimetal Tbk (ISX:DRMA) Debt-to-Equity : 0.24 (As of Mar. 2024)

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What is PT Dharma Polimetal Tbk Debt-to-Equity?

PT Dharma Polimetal Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp195,365 Mil. PT Dharma Polimetal Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp302,120 Mil. PT Dharma Polimetal Tbk's Total Stockholders Equity for the quarter that ended in Mar. 2024 was Rp2,036,513 Mil. PT Dharma Polimetal Tbk's debt to equity for the quarter that ended in Mar. 2024 was 0.24.

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 Dharma Polimetal Tbk's Debt-to-Equity or its related term are showing as below:

ISX:DRMA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24 Med: 0.45 Max: 1.37
Current: 0.24

During the past 6 years, the highest Debt-to-Equity Ratio of PT Dharma Polimetal Tbk was 1.37. The lowest was 0.24. And the median was 0.45.

ISX:DRMA's Debt-to-Equity is ranked better than
69.22% of 1176 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs ISX:DRMA: 0.24

PT Dharma Polimetal Tbk Debt-to-Equity Historical Data

The historical data trend for PT Dharma Polimetal 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 Dharma Polimetal Tbk Debt-to-Equity Chart

PT Dharma Polimetal Tbk Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.92

1.11

0.58

0.37

0.27

PT Dharma Polimetal Tbk Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial												0.41	0.36	0.30	0.27	0.24

Competitive Comparison of PT Dharma Polimetal Tbk's Debt-to-Equity

For the Auto Parts subindustry, PT Dharma Polimetal 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 Dharma Polimetal Tbk's Debt-to-Equity Distribution in the Vehicles & Parts Industry

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

* The bar in red indicates where PT Dharma Polimetal Tbk's Debt-to-Equity falls into.

PT Dharma Polimetal Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Dharma Polimetal 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
	=	(219668.472	+	292202.488)	/	1903111.254
	=	0.27

PT Dharma Polimetal 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
	=	(195364.736	+	302119.79)	/	2036513.138
	=	0.24

PT Dharma Polimetal Tbk (ISX:DRMA) 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 Dharma Polimetal Tbk Debt-to-Equity Related Terms

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PT Dharma Polimetal Tbk (ISX:DRMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » PT Dharma Polimetal Tbk (ISX:DRMA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 8 Delta Silicon 1 Cikarang, Jl. Angsana Raya Blok A9, West Java, IDN, 17550

Website

https://www.dharmagroup.co.id

PT Dharma Polimetal Tbk is engaged in the business of automotive components for motorcycles and cars. The Company's business activities are divided into three operating segments, such as two-wheel segment, four-wheel segment and other segments. The Company's business focus is manufacturing various Original Equipment Manufacturer (OEM) components for two-wheel and four-wheel vehicles.