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PT Adhi Kartiko Pratama Tbk (ISX:NICE) Debt-to-Equity : 0.08 (As of Jun. 2023)


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What is PT Adhi Kartiko Pratama Tbk Debt-to-Equity?

PT Adhi Kartiko Pratama Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was Rp2,520 Mil. PT Adhi Kartiko Pratama Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was Rp6,572 Mil. PT Adhi Kartiko Pratama Tbk's Total Stockholders Equity for the quarter that ended in Jun. 2023 was Rp119,035 Mil. PT Adhi Kartiko Pratama Tbk's debt to equity for the quarter that ended in Jun. 2023 was 0.08.

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

ISX:NICE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.09   Max: 0.44
Current: 0.08

During the past 3 years, the highest Debt-to-Equity Ratio of PT Adhi Kartiko Pratama Tbk was 0.44. The lowest was 0.02. And the median was 0.09.

ISX:NICE's Debt-to-Equity is ranked better than
58.37% of 1309 companies
in the Metals & Mining industry
Industry Median: 0.13 vs ISX:NICE: 0.08

PT Adhi Kartiko Pratama Tbk Debt-to-Equity Historical Data

The historical data trend for PT Adhi Kartiko Pratama 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 Adhi Kartiko Pratama Tbk Debt-to-Equity Chart

PT Adhi Kartiko Pratama Tbk Annual Data
Trend Dec20 Dec21 Dec22
Debt-to-Equity
0.44 0.02 0.11

PT Adhi Kartiko Pratama Tbk Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23
Debt-to-Equity 0.44 0.02 N/A 0.11 0.08

Competitive Comparison of PT Adhi Kartiko Pratama Tbk's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, PT Adhi Kartiko Pratama 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 Adhi Kartiko Pratama Tbk's Debt-to-Equity Distribution in the Metals & Mining Industry

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

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


PT Adhi Kartiko Pratama Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Adhi Kartiko Pratama 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
=(1804.918 + 7817.5) / 88101.889
=0.11

PT Adhi Kartiko Pratama 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
=(2519.911 + 6571.834) / 119034.796
=0.08

* 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 Adhi Kartiko Pratama Tbk  (ISX:NICE) 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 Adhi Kartiko Pratama Tbk Debt-to-Equity Related Terms

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PT Adhi Kartiko Pratama Tbk (ISX:NICE) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PT Adhi Kartiko Pratama Tbk (ISX:NICE) » Definitions » Debt-to-Equity
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Address
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PT Adhi Kartiko Pratama Tbk is engaged in Nickel Ore Mining. Its mine location is Lameruru Village/Subdistrict, District. Langgikima, Kab. North Konawe, Southeast Sulawesi Province.