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PT Multi Spunindo Jaya Tbk (ISX:MSJA) Debt-to-Equity : 0.27 (As of Jun. 2023)


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What is PT Multi Spunindo Jaya Tbk Debt-to-Equity?

PT Multi Spunindo Jaya Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was Rp212,588 Mil. PT Multi Spunindo Jaya Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was Rp35,506 Mil. PT Multi Spunindo Jaya Tbk's Total Stockholders Equity for the quarter that ended in Jun. 2023 was Rp922,702 Mil. PT Multi Spunindo Jaya Tbk's debt to equity for the quarter that ended in Jun. 2023 was 0.27.

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

ISX:MSJA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27   Med: 0.32   Max: 0.37
Current: 0.27

During the past 3 years, the highest Debt-to-Equity Ratio of PT Multi Spunindo Jaya Tbk was 0.37. The lowest was 0.27. And the median was 0.32.

ISX:MSJA's Debt-to-Equity is ranked better than
63.81% of 934 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.44 vs ISX:MSJA: 0.27

PT Multi Spunindo Jaya Tbk Debt-to-Equity Historical Data

The historical data trend for PT Multi Spunindo Jaya 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 Multi Spunindo Jaya Tbk Debt-to-Equity Chart

PT Multi Spunindo Jaya Tbk Annual Data
Trend Dec20 Dec21 Dec22
Debt-to-Equity
0.37 0.36 0.28

PT Multi Spunindo Jaya Tbk Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23
Debt-to-Equity 0.37 0.36 N/A 0.28 0.27

Competitive Comparison of PT Multi Spunindo Jaya Tbk's Debt-to-Equity

For the Textile Manufacturing subindustry, PT Multi Spunindo Jaya 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 Multi Spunindo Jaya Tbk's Debt-to-Equity Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PT Multi Spunindo Jaya Tbk's Debt-to-Equity distribution charts can be found below:

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


PT Multi Spunindo Jaya Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Multi Spunindo Jaya Tbk's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
=(247684.788 + 54020.296) / 1069598.718
=0.28

PT Multi Spunindo Jaya Tbk's Debt to Equity Ratio for the quarter that ended in Jun. 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
=(212587.883 + 35506.444) / 922701.735
=0.27

* 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 Multi Spunindo Jaya Tbk  (ISX:MSJA) 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 Multi Spunindo Jaya Tbk Debt-to-Equity Related Terms

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PT Multi Spunindo Jaya Tbk (ISX:MSJA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » PT Multi Spunindo Jaya Tbk (ISX:MSJA) » Definitions » Debt-to-Equity
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PT MultiSpunindo Jaya Tbk is engaged in nonwoven industry on a business to business (B2B) basis. It produces nonwoven sheet products which are then used as a raw material for finished products in various sectors starting from the health sector (sanitary napkins, diapers, masks, and others) to the construction and agricultural sectors.

PT Multi Spunindo Jaya Tbk (ISX:MSJA) Headlines

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