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PT Lippo General Insurance Tbk (ISX:LPGI) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is PT Lippo General Insurance Tbk Debt-to-Equity?

PT Lippo General Insurance Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp0 Mil. PT Lippo General Insurance Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp1,921 Mil. PT Lippo General Insurance Tbk's Total Stockholders Equity for the quarter that ended in Mar. 2024 was Rp850,532 Mil. PT Lippo General Insurance Tbk's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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

ISX:LPGI's Debt-to-Equity is not ranked *
in the Insurance industry.
Industry Median: 0.24
* Ranked among companies with meaningful Debt-to-Equity only.

PT Lippo General Insurance Tbk Debt-to-Equity Historical Data

The historical data trend for PT Lippo General Insurance 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 Lippo General Insurance Tbk Debt-to-Equity Chart

PT Lippo General Insurance Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
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PT Lippo General Insurance Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of PT Lippo General Insurance Tbk's Debt-to-Equity

For the Insurance - Diversified subindustry, PT Lippo General Insurance 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 Lippo General Insurance Tbk's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, PT Lippo General Insurance Tbk's Debt-to-Equity distribution charts can be found below:

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



PT Lippo General Insurance Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Lippo General Insurance Tbk's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

PT Lippo General Insurance Tbk's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


PT Lippo General Insurance Tbk  (ISX:LPGI) 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 Lippo General Insurance Tbk Debt-to-Equity Related Terms

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PT Lippo General Insurance Tbk (ISX:LPGI) Business Description

Traded in Other Exchanges
N/A
Address
Jalan HR Rasuna Said Kav B-12, Gedung Lippo Kuningan Building 27th Floor Unit A & F, Jakarta, IDN, 12940
PT Lippo General Insurance Tbk is a company engaged in the provision of general insurance services. It provides Fire insurance, Motor Vehicle insurance, Marine Cargo insurance, Health insurance, Life and death insurance, and other insurance products. Geographically, the group carries operations in Indonesia in the areas of Jabodetabek, Sumatera, Jawa Timur, Jawa Barat, Jawa Tengah, Makassar, Bali and Balikpapan. It derives key revenue from the Health insurance division.

PT Lippo General Insurance Tbk (ISX:LPGI) Headlines

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