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PT Merdeka Battery Materials Tbk (ISX:MBMA) Debt-to-Equity : 0.32 (As of Dec. 2023)


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What is PT Merdeka Battery Materials Tbk Debt-to-Equity?

PT Merdeka Battery Materials Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was Rp36,443 Mil. PT Merdeka Battery Materials Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was Rp7,554,268 Mil. PT Merdeka Battery Materials Tbk's Total Stockholders Equity for the quarter that ended in Dec. 2023 was Rp23,614,434 Mil. PT Merdeka Battery Materials Tbk's debt to equity for the quarter that ended in Dec. 2023 was 0.32.

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

ISX:MBMA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.32   Med: 0.48   Max: 0.64
Current: 0.32

During the past 5 years, the highest Debt-to-Equity Ratio of PT Merdeka Battery Materials Tbk was 0.64. The lowest was 0.32. And the median was 0.48.

ISX:MBMA's Debt-to-Equity is ranked worse than
66.79% of 1313 companies
in the Metals & Mining industry
Industry Median: 0.13 vs ISX:MBMA: 0.32

PT Merdeka Battery Materials Tbk Debt-to-Equity Historical Data

The historical data trend for PT Merdeka Battery Materials 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 Merdeka Battery Materials Tbk Debt-to-Equity Chart

PT Merdeka Battery Materials Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
- - - 0.64 0.32

PT Merdeka Battery Materials Tbk Quarterly Data
Dec20 Sep21 Dec21 Sep22 Dec22 Sep23 Dec23
Debt-to-Equity Get a 7-Day Free Trial - 0.47 0.64 0.37 0.32

Competitive Comparison of PT Merdeka Battery Materials Tbk's Debt-to-Equity

For the Other Precious Metals & Mining subindustry, PT Merdeka Battery Materials 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 Merdeka Battery Materials Tbk's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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


PT Merdeka Battery Materials Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Merdeka Battery Materials 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
=(36443.407 + 7554268.149) / 23614433.686
=0.32

PT Merdeka Battery Materials Tbk's Debt to Equity Ratio for the quarter 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
=(36443.407 + 7554268.149) / 23614433.686
=0.32

* 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 Merdeka Battery Materials Tbk  (ISX:MBMA) 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 Merdeka Battery Materials Tbk Debt-to-Equity Related Terms

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PT Merdeka Battery Materials Tbk (ISX:MBMA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PT Merdeka Battery Materials Tbk (ISX:MBMA) » Definitions » Debt-to-Equity
Comparable Companies
BOM:526905 BOM:524434 BOM:504092 BOM:532853 BOM:543207 BOM:539800 BOM:530627 BOM:500089 NSE:AMBANIORG BOM:531163 ISX:AMMN JSE:AMS MIC:ALRS SZSE:000975 LSE:FRES JSE:IMP TSX:TFPM HL JSE:NPH LIM:BUENAVC1
Traded in Other Exchanges
N/A
Address
Jalan Jenderal Sudirman Kav. 52–53, Treasury Tower, 69th Floor, District 8 SCBD Lot. 28, Jakarta Selatan, Jakarta, IDN, 12190
Website
https://www.merdekabattery.com
PT Merdeka Battery Materials Tbk is a metal and mineral mining holding company. It explores, extracts, and produces gold, silver, copper, and other minerals through subsidiaries spread across three islands in Indonesia.

PT Merdeka Battery Materials Tbk (ISX:MBMA) Headlines

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