PT Sumber Energi Andalan Tbk (ISX:ITMA) Debt-to-Equity : 0.04 (As of Mar. 2024)

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What is PT Sumber Energi Andalan Tbk Debt-to-Equity?

PT Sumber Energi Andalan Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp20,426 Mil. PT Sumber Energi Andalan Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp99,294 Mil. PT Sumber Energi Andalan Tbk's Total Stockholders Equity for the quarter that ended in Mar. 2024 was Rp3,274,388 Mil. PT Sumber Energi Andalan Tbk's debt to equity for the quarter that ended in Mar. 2024 was 0.04.

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

ISX:ITMA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.04 Max: 0.06
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of PT Sumber Energi Andalan Tbk was 0.06. The lowest was 0.00. And the median was 0.04.

ISX:ITMA's Debt-to-Equity is ranked better than
70.62% of 1300 companies
in the Metals & Mining industry
Industry Median: 0.13 vs ISX:ITMA: 0.04

PT Sumber Energi Andalan Tbk Debt-to-Equity Historical Data

The historical data trend for PT Sumber Energi Andalan 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 Sumber Energi Andalan Tbk Debt-to-Equity Chart

PT Sumber Energi Andalan Tbk Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.06

0.04

PT Sumber Energi Andalan Tbk Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.04	0.04	0.04	0.04	0.04

Competitive Comparison of PT Sumber Energi Andalan Tbk's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, PT Sumber Energi Andalan 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 Sumber Energi Andalan Tbk's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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

PT Sumber Energi Andalan Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Sumber Energi Andalan 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
	=	(17019.256	+	109684.789)	/	3265662.263
	=	0.04

PT Sumber Energi Andalan 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
	=	(20426.191	+	99294.41)	/	3274387.715
	=	0.04

PT Sumber Energi Andalan Tbk (ISX:ITMA) 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 Sumber Energi Andalan Tbk Debt-to-Equity Related Terms

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PT Sumber Energi Andalan Tbk (ISX:ITMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PT Sumber Energi Andalan Tbk (ISX:ITMA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jl. Mega Kuningan Barat III, Lot.10 1-6, Sopo Del Office & Lifestyle Tower B, Lantai 21, Kawasan Mega Kuningan, Jakarta Selatan, Jakarta, IDN, 12950

Website

https://www.energi-andalan.co.id

PT Sumber Energi Andalan Tbk is an Indonesia-based company mainly engaged in trading, export-import, consultation service, and contracting in the mining and energy sector. It also provides integrated construction services including planning, procurement, and execution/construction works in power generation and other energy-related segments. The company generates the majority of its revenue from the service of the mining segment.

PT Sumber Energi Andalan Tbk (ISX:ITMA) Headlines

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