PT Venteny Fortuna International Tbk (ISX:VTNY) Debt-to-Equity : 1.35 (As of Dec. 2023)

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What is PT Venteny Fortuna International Tbk Debt-to-Equity?

PT Venteny Fortuna International Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was Rp528,553 Mil. PT Venteny Fortuna International Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was Rp0 Mil. PT Venteny Fortuna International Tbk's Total Stockholders Equity for the quarter that ended in Dec. 2023 was Rp392,301 Mil. PT Venteny Fortuna International Tbk's debt to equity for the quarter that ended in Dec. 2023 was 1.35.

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 Venteny Fortuna International Tbk's Debt-to-Equity or its related term are showing as below:

ISX:VTNY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.85 Med: 1.35 Max: 6.1
Current: 1.35

During the past 3 years, the highest Debt-to-Equity Ratio of PT Venteny Fortuna International Tbk was 6.10. The lowest was 0.85. And the median was 1.35.

ISX:VTNY's Debt-to-Equity is ranked worse than
80.02% of 916 companies
in the Business Services industry
Industry Median: 0.385 vs ISX:VTNY: 1.35

PT Venteny Fortuna International Tbk Debt-to-Equity Historical Data

The historical data trend for PT Venteny Fortuna International 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 Venteny Fortuna International Tbk Debt-to-Equity Chart

PT Venteny Fortuna International Tbk Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-Equity

6.10

0.85

1.35

PT Venteny Fortuna International Tbk Quarterly Data
	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial					0.85	0.97	1.22	1.23	1.35

Competitive Comparison of PT Venteny Fortuna International Tbk's Debt-to-Equity

For the Staffing & Employment Services subindustry, PT Venteny Fortuna International 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 Venteny Fortuna International Tbk's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, PT Venteny Fortuna International Tbk's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where PT Venteny Fortuna International Tbk's Debt-to-Equity falls into.

PT Venteny Fortuna International Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Venteny Fortuna International 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
	=	(528553.203	+	0)	/	392300.917
	=	1.35

PT Venteny Fortuna International 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
	=	(528553.203	+	0)	/	392300.917
	=	1.35

PT Venteny Fortuna International Tbk (ISX:VTNY) 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 Venteny Fortuna International Tbk Debt-to-Equity Related Terms

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PT Venteny Fortuna International Tbk (ISX:VTNY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » PT Venteny Fortuna International Tbk (ISX:VTNY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Jend. Sudirman Kav. 29-31, World Trade Centre (WTC) 5, 13th Floor, Jakarta Selatan, Jakarta, IDN, 12920

Website

https://www.venteny.com

PT Venteny Fortuna International Tbk provides growth funding and human resource services. It creates technological innovations to meet employee needs through increasing employee happiness and employee engagement. The company's segment includes Other Financial Services and Other. It generates maximum revenue from the Other Financial Services segment.

PT Venteny Fortuna International Tbk (ISX:VTNY) Headlines

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