PT Maja Agung Latexindo Tbk (ISX:SURI) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is PT Maja Agung Latexindo Tbk Debt-to-Equity?

PT Maja Agung Latexindo Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp0 Mil. PT Maja Agung Latexindo Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp0 Mil. PT Maja Agung Latexindo Tbk's Total Stockholders Equity for the quarter that ended in Mar. 2024 was Rp346,794 Mil. PT Maja Agung Latexindo 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 Maja Agung Latexindo Tbk's Debt-to-Equity or its related term are showing as below:

During the past 4 years, the highest Debt-to-Equity Ratio of PT Maja Agung Latexindo Tbk was 0.32. The lowest was 0.08. And the median was 0.20.

ISX:SURI's Debt-to-Equity is not ranked ^*
in the Medical Devices & Instruments industry.
Industry Median: 0.22
* Ranked among companies with meaningful Debt-to-Equity only.

PT Maja Agung Latexindo Tbk Debt-to-Equity Historical Data

The historical data trend for PT Maja Agung Latexindo 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 Maja Agung Latexindo Tbk Debt-to-Equity Chart

PT Maja Agung Latexindo Tbk Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.32

0.08

PT Maja Agung Latexindo Tbk Quarterly Data
	Dec20	Dec21	Dec22	Mar23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial			0.08	-	N/A	-	-

Competitive Comparison of PT Maja Agung Latexindo Tbk's Debt-to-Equity

For the Medical Instruments & Supplies subindustry, PT Maja Agung Latexindo 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 Maja Agung Latexindo Tbk's Debt-to-Equity Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, PT Maja Agung Latexindo Tbk's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where PT Maja Agung Latexindo Tbk's Debt-to-Equity falls into.

PT Maja Agung Latexindo Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Maja Agung Latexindo 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
	=	(0	+	0)	/	346572.8
	=	0.00

PT Maja Agung Latexindo 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
	=	(0	+	0)	/	346793.681
	=	0.00

PT Maja Agung Latexindo Tbk (ISX:SURI) 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 Maja Agung Latexindo Tbk Debt-to-Equity Related Terms

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PT Maja Agung Latexindo Tbk (ISX:SURI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » PT Maja Agung Latexindo Tbk (ISX:SURI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Utama No 98, Desa Pujimulyo, Kecamatan Sunggal, Kabupaten Deli Serdang, Sumatera Utara, IDN, 20352

Website

https://www.malgloves.com

PT Maja Agung Latexindo Tbk is engaged in the filed of manufacturing, especially producing medical gloves. The business activities of the company is to engage in rubber goods industry to support health needs, including contraceptive covers, pacifiers, compression devices, medical gloves and urinary catheters.