PT Timah Tbk (PT Timah Tbk) Debt-to-Equity : 0.52 (As of Mar. 2024)

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What is PT Timah Tbk Debt-to-Equity?

PT Timah Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $138.0 Mil. PT Timah Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $78.2 Mil. PT Timah Tbk's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $413.1 Mil. PT Timah Tbk's debt to equity for the quarter that ended in Mar. 2024 was 0.52.

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

PTTMF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.28 Med: 0.53 Max: 2.2
Current: 0.52

During the past 13 years, the highest Debt-to-Equity Ratio of PT Timah Tbk was 2.20. The lowest was 0.28. And the median was 0.53.

PTTMF's Debt-to-Equity is ranked worse than
75.78% of 1309 companies
in the Metals & Mining industry
Industry Median: 0.13 vs PTTMF: 0.52

PT Timah Tbk Debt-to-Equity Historical Data

The historical data trend for PT Timah 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 Timah Tbk Debt-to-Equity Chart

PT Timah Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

2.20

1.42

0.81

0.43

0.58

PT Timah 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															0.41	0.43	0.46	0.58	0.52

Competitive Comparison of PT Timah Tbk's Debt-to-Equity

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

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

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

PT Timah Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Timah 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
	=	(151.796	+	82.304)	/	404.908
	=	0.58

PT Timah 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
	=	(138.042	+	78.225)	/	413.05
	=	0.52

PT Timah Tbk (OTCPK:PTTMF) 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 Timah Tbk Debt-to-Equity Related Terms

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PT Timah Tbk (PT Timah Tbk) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PT Timah Tbk (OTCPK:PTTMF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TINS:Indonesia TIH1:Germany

Address

Jl. Jenderal Sudirman 51, Bangka Belitung, Pangkal Pinang, IDN, 33121

Website

https://www.timah.com

PT Timah Tbk is engaged in the mining, manufacturing, and exporting of tin. It operates through the following segments: Tin Mining, Industry, Construction, Coal Mining, and Others. The Tin Mining segment delivers smelting services. The industry segment involves tin mining and smelting services. The Construction segment offers workshop, building, and shipping dockyard services. The Coal Mining segment relates to the operations of PT Truba Bara Banyu Enim and PT Tanjung Alam Jaya which are involved in coal mining and trading. The Other segment includes PT Timah Karya Persada Properti and PT Rumah Sakit Bakti Timah which performs property and health services. majority of the firm's revenue gets derived from the Tin mining segment.

PT Timah Tbk (PT Timah Tbk) Headlines

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