GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » PT Golden Energy Mines Tbk (ISX:GEMS) » Definitions » Equity-to-Asset

PT Golden Energy Mines Tbk (ISX:GEMS) Equity-to-Asset : 0.50 (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is PT Golden Energy Mines Tbk Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. PT Golden Energy Mines Tbk's Total Stockholders Equity for the quarter that ended in Dec. 2023 was Rp10,078,205 Mil. PT Golden Energy Mines Tbk's Total Assets for the quarter that ended in Dec. 2023 was Rp20,226,430 Mil. Therefore, PT Golden Energy Mines Tbk's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.50.

The historical rank and industry rank for PT Golden Energy Mines Tbk's Equity-to-Asset or its related term are showing as below:

ISX:GEMS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.38   Med: 0.49   Max: 0.78
Current: 0.5

During the past 13 years, the highest Equity to Asset Ratio of PT Golden Energy Mines Tbk was 0.78. The lowest was 0.38. And the median was 0.49.

ISX:GEMS's Equity-to-Asset is ranked worse than
61.88% of 181 companies
in the Other Energy Sources industry
Industry Median: 0.61 vs ISX:GEMS: 0.50

PT Golden Energy Mines Tbk Equity-to-Asset Historical Data

The historical data trend for PT Golden Energy Mines Tbk's Equity-to-Asset 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 Golden Energy Mines Tbk Equity-to-Asset Chart

PT Golden Energy Mines Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.43 0.38 0.49 0.50

PT Golden Energy Mines Tbk Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.49 0.56 0.65 0.53 0.50

Competitive Comparison of PT Golden Energy Mines Tbk's Equity-to-Asset

For the Thermal Coal subindustry, PT Golden Energy Mines Tbk's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Golden Energy Mines Tbk's Equity-to-Asset Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Golden Energy Mines Tbk's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where PT Golden Energy Mines Tbk's Equity-to-Asset falls into.



PT Golden Energy Mines Tbk Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

PT Golden Energy Mines Tbk's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=10078205.332/20226430.103
=0.50

PT Golden Energy Mines Tbk's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=10078205.332/20226430.103
=0.50

* 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 Golden Energy Mines Tbk  (ISX:GEMS) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


PT Golden Energy Mines Tbk Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of PT Golden Energy Mines Tbk's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Golden Energy Mines Tbk (ISX:GEMS) Business Description

Traded in Other Exchanges
N/A
Address
Jalan MH Thamrin No. 51, Sinar Mas Land Plaza, Tower II, 6th Floor, Jakarta Pusat, Jakarta, IDN, 10350
PT Golden Energy Mines Tbk is engaged in the mining and coal trading business. The company is structured in two segments namely, Coal Mining Segment and Coal Trading Segment. Its principal activities include the exploration, mining, processing, and marketing of thermal coal. The company operates in three concession areas: South Kalimantan, Jambi and Central Kalimantan. Most of its revenue is derived from Indonesia.

PT Golden Energy Mines Tbk (ISX:GEMS) Headlines

No Headlines