PT Indospring Tbk (ISX:INDS) Debt-to-Equity : 0.09 (As of Mar. 2024)

View and export this data going back to 1990. Start your Free Trial

What is PT Indospring Tbk Debt-to-Equity?

PT Indospring Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp238,897 Mil. PT Indospring Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp77,065 Mil. PT Indospring Tbk's Total Stockholders Equity for the quarter that ended in Mar. 2024 was Rp3,367,749 Mil. PT Indospring Tbk's debt to equity for the quarter that ended in Mar. 2024 was 0.09.

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

ISX:INDS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.09 Max: 0.21
Current: 0.09

During the past 13 years, the highest Debt-to-Equity Ratio of PT Indospring Tbk was 0.21. The lowest was 0.00. And the median was 0.09.

ISX:INDS's Debt-to-Equity is ranked better than
85.2% of 1176 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs ISX:INDS: 0.09

PT Indospring Tbk Debt-to-Equity Historical Data

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

PT Indospring Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.02

0.01

0.11

0.17

0.12

PT Indospring 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															0.14	0.13	0.13	0.12	0.09

Competitive Comparison of PT Indospring Tbk's Debt-to-Equity

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

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

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

PT Indospring Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Indospring 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
	=	(312241.976	+	84018.681)	/	3348925.35
	=	0.12

PT Indospring 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
	=	(238897.395	+	77064.731)	/	3367749.272
	=	0.09

PT Indospring Tbk (ISX:INDS) 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 Indospring Tbk Debt-to-Equity Related Terms

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

PT Indospring Tbk (ISX:INDS) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Mayjend Sungkono no. 10, Desa Segoromadu, P.O. Box 112, Jawa Timur, Gresik, IDN, 61123

Website

https://www.indospring.co.id

PT Indospring Tbk is engaged in the manufacture of leaf springs and coil springs. Its products include multi-leaf springs, parabolic leaf springs, trailing leaf springs, tension springs, compression springs, valve springs, wire rings, hot coil springs, and Yoko-oki leaf springs. The company's manufacturing facilities are located in Gresik, Indonesia. It operates in two segments Spare part industry and the Agricultural equipment industry. The spare part industry segment contributes to the majority of the company's revenue.