PT Wijaya Karya (Persero) Tbk (ISX:WIKA) Debt-to-Equity : 8.50 (As of Mar. 2024)

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What is PT Wijaya Karya (Persero) Tbk Debt-to-Equity?

PT Wijaya Karya (Persero) Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp2,780,699 Mil. PT Wijaya Karya (Persero) Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp36,476,945 Mil. PT Wijaya Karya (Persero) Tbk's Total Stockholders Equity for the quarter that ended in Mar. 2024 was Rp4,617,129 Mil. PT Wijaya Karya (Persero) Tbk's debt to equity for the quarter that ended in Mar. 2024 was 8.50.

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 Wijaya Karya (Persero) Tbk's Debt-to-Equity or its related term are showing as below:

ISX:WIKA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.56 Med: 1.18 Max: 8.5
Current: 8.5

During the past 13 years, the highest Debt-to-Equity Ratio of PT Wijaya Karya (Persero) Tbk was 8.50. The lowest was 0.56. And the median was 1.18.

ISX:WIKA's Debt-to-Equity is ranked worse than
98.95% of 1518 companies
in the Construction industry
Industry Median: 0.44 vs ISX:WIKA: 8.50

PT Wijaya Karya (Persero) Tbk Debt-to-Equity Historical Data

The historical data trend for PT Wijaya Karya (Persero) 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.

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PT Wijaya Karya (Persero) Tbk Debt-to-Equity Chart

PT Wijaya Karya (Persero) Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.91

1.92

2.18

2.58

6.42

PT Wijaya Karya (Persero) Tbk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															2.64	3.04	4.77	6.42	8.50

Competitive Comparison of PT Wijaya Karya (Persero) Tbk's Debt-to-Equity

For the Engineering & Construction subindustry, PT Wijaya Karya (Persero) 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 Wijaya Karya (Persero) Tbk's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, PT Wijaya Karya (Persero) Tbk's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where PT Wijaya Karya (Persero) Tbk's Debt-to-Equity falls into.

PT Wijaya Karya (Persero) Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Wijaya Karya (Persero) 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
	=	(21101398.213	+	15809825.732)	/	5749878.346
	=	6.42

PT Wijaya Karya (Persero) 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
	=	(2780699.036	+	36476944.596)	/	4617129.267
	=	8.50

PT Wijaya Karya (Persero) Tbk (ISX:WIKA) 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 Wijaya Karya (Persero) Tbk Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of PT Wijaya Karya (Persero) Tbk's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Wijaya Karya (Persero) Tbk (ISX:WIKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » PT Wijaya Karya (Persero) Tbk (ISX:WIKA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

5AA:Germany

Address

Jalan D.I. Panjaitan Kav. 9-10, WIKA Tower 1 & 2, Jakarta, IDN, 13340

Website

https://www.wika.co.id

PT Wijaya Karya (Persero) Tbk is an engineering and construction firm focusing on construction, large infrastructure projects, energy plants, real estate, and other developments. It constructs transportation networks for public systems and builds residential and commercial buildings for various end markets. The company works throughout the entire construction process, from planning and design to building and repairing existing structures. Wijaya Karya has five business segments: infrastructure and buildings, energy and industrial plants, Investment, realty and property, and industry. The company is controlled by the Indonesian government.

PT Wijaya Karya (Persero) Tbk (ISX:WIKA) Headlines

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