PT Radana Bhaskara Finance Tbk (ISX:HDFA) Equity-to-Asset : 0.21 (As of Mar. 2024)

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What is PT Radana Bhaskara Finance Tbk Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. PT Radana Bhaskara Finance Tbk's Total Stockholders Equity for the quarter that ended in Mar. 2024 was Rp620,569 Mil. PT Radana Bhaskara Finance Tbk's Total Assets for the quarter that ended in Mar. 2024 was Rp2,932,209 Mil. Therefore, PT Radana Bhaskara Finance Tbk's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.21.

The historical rank and industry rank for PT Radana Bhaskara Finance Tbk's Equity-to-Asset or its related term are showing as below:

ISX:HDFA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.1 Med: 0.41 Max: 0.69
Current: 0.21

During the past 8 years, the highest Equity to Asset Ratio of PT Radana Bhaskara Finance Tbk was 0.69. The lowest was 0.10. And the median was 0.41.

ISX:HDFA's Equity-to-Asset is ranked worse than
67.96% of 543 companies
in the Credit Services industry
Industry Median: 0.36 vs ISX:HDFA: 0.21

PT Radana Bhaskara Finance Tbk Equity-to-Asset Historical Data

The historical data trend for PT Radana Bhaskara Finance 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 Radana Bhaskara Finance Tbk Equity-to-Asset Chart

PT Radana Bhaskara Finance Tbk Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.50

0.66

0.49

0.39

0.25

PT Radana Bhaskara Finance Tbk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial															0.36	0.33	0.30	0.25	0.21

Competitive Comparison of PT Radana Bhaskara Finance Tbk's Equity-to-Asset

For the Credit Services subindustry, PT Radana Bhaskara Finance 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 Radana Bhaskara Finance Tbk's Equity-to-Asset Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, PT Radana Bhaskara Finance Tbk's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where PT Radana Bhaskara Finance Tbk's Equity-to-Asset falls into.

PT Radana Bhaskara Finance 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 Radana Bhaskara Finance 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
	=	615752.237	/	2460165.722
	=	0.25

PT Radana Bhaskara Finance Tbk's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	620569.249	/	2932208.824
	=	0.21

PT Radana Bhaskara Finance Tbk (ISX:HDFA) 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 Radana Bhaskara Finance Tbk Equity-to-Asset Related Terms

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

PT Radana Bhaskara Finance Tbk (ISX:HDFA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » PT Radana Bhaskara Finance Tbk (ISX:HDFA) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jl. TB Simatupang No.2 Rt.001/Rw.005, CIBIS Nine Building 11th Floor, Suite W-16, Kel Cilandak Timur, Kec Pasar Minggu, Jakarta, IDN, 12560

Website

https://www.radanafinance.co.id

PT Radana Bhaskara Finance Tbk is engaged in Investment Financing, Working Capital, Multi-Purpose, and other Financing business activities. It focuses on productive sector financing activities that can provide high returns with a safe level of risk. There are three types of classification of the company's financing facilities: Asset Based Financing, Legacy Financing and Factoring Financing.

PT Radana Bhaskara Finance Tbk (ISX:HDFA) Headlines

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