PT Radana Bhaskara Finance Tbk (ISX:HDFA) Debt-to-Equity : 3.64 (As of Mar. 2024)

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What is PT Radana Bhaskara Finance Tbk Debt-to-Equity?

PT Radana Bhaskara Finance Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp0 Mil. PT Radana Bhaskara Finance Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp2,260,208 Mil. PT Radana Bhaskara Finance Tbk's Total Stockholders Equity for the quarter that ended in Mar. 2024 was Rp620,569 Mil. PT Radana Bhaskara Finance Tbk's debt to equity for the quarter that ended in Mar. 2024 was 3.64.

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

ISX:HDFA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.31 Med: 1.39 Max: 8.39
Current: 3.64

During the past 8 years, the highest Debt-to-Equity Ratio of PT Radana Bhaskara Finance Tbk was 8.39. The lowest was 0.31. And the median was 1.39.

ISX:HDFA's Debt-to-Equity is ranked worse than
81.44% of 431 companies
in the Credit Services industry
Industry Median: 1.13 vs ISX:HDFA: 3.64

PT Radana Bhaskara Finance Tbk Debt-to-Equity Historical Data

The historical data trend for PT Radana Bhaskara Finance 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 Radana Bhaskara Finance Tbk Debt-to-Equity Chart

PT Radana Bhaskara Finance Tbk Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.84

0.39

0.88

1.52

2.93

PT Radana Bhaskara Finance 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															1.69	1.96	2.23	2.93	3.64

Competitive Comparison of PT Radana Bhaskara Finance Tbk's Debt-to-Equity

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

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

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

PT Radana Bhaskara Finance Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Radana Bhaskara Finance 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
	=	(0	+	1801889.827)	/	615752.237
	=	2.93

PT Radana Bhaskara Finance 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
	=	(0	+	2260207.844)	/	620569.249
	=	3.64

PT Radana Bhaskara Finance Tbk (ISX:HDFA) 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 Radana Bhaskara Finance Tbk Debt-to-Equity Related Terms

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PT Radana Bhaskara Finance Tbk (ISX:HDFA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » PT Radana Bhaskara Finance Tbk (ISX:HDFA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jl. TB Simatupang No.2 Rt.001/Rw.005, CIBIS Nine Building 11th Floor, Suite W-16, Kel Cilandak Timur, Kec Pasar Minggu, Jakarta, IDN, 12560

Website

https://www.radanafinance.co.id

PT Radana Bhaskara Finance Tbk is engaged in Investment Financing, Working Capital, Multi-Purpose, and other Financing business activities. It focuses on productive sector financing activities that can provide high returns with a safe level of risk. There are three types of classification of the company's financing facilities: Asset Based Financing, Legacy Financing and Factoring Financing.

PT Radana Bhaskara Finance Tbk (ISX:HDFA) Headlines

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