Equity to Asset ratio is calculated as total stockholders equity divided by total asset. PT AKRorindo Tbk's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $770 Mil. PT AKRorindo Tbk's Total Assets for the quarter that ended in Mar. 2024 was $1,973 Mil.
Therefore, PT AKRorindo Tbk's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.39.
The historical rank and industry rank for PT AKRorindo Tbk's Equity-to-Asset or its related term are showing as below:
PKCPY'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.32 Med: 0.42 Max: 0.49
Current: 0.39
During the past 13 years, the highest Equity to Asset Ratio of PT AKRorindo Tbk was 0.49. The lowest was 0.32. And the median was 0.42.
PKCPY's Equity-to-Asset is ranked worse than 64.19% of 1092
companies
in the Oil & Gas industry
Industry Median: 0.5
vs PKCPY: 0.39
PT AKRorindo Tbk Equity-to-Asset Historical Data
The historical data trend for PT AKRorindo 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.
Competitive Comparison of PT AKRorindo Tbk's Equity-to-Asset
For the Oil & Gas Refining & Marketing subindustry, PT AKRorindo 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 AKRorindo Tbk's Equity-to-Asset Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, PT AKRorindo Tbk's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where PT AKRorindo Tbk's Equity-to-Asset falls into.
PT AKRorindo 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 AKRorindo Tbk's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
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 AKRorindo Tbk Equity-to-Asset Related Terms
Thank you for viewing the detailed overview of PT AKRorindo Tbk's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.
PT AKRorindo Tbk (PT AKRorindo Tbk) Business Description
PT AKR Corporindo Tbk is engaged in chemicals distribution. The company has four segments. The Trading and distribution segment, which accounts for most of the total revenue, distributes industrial and retail petroleum products, other basic chemicals, and lubricants for the industrial, marine, mining, and commercial vehicles sectors. The Logistics Services segment provides various kinds of logistics services such as rental of storage tanks and warehouses, bagging, port handling, and transportation services mainly for liquid and solid chemical and petroleum products in Indonesia. The Manufacturing segment makes adhesive materials. The Industrial estate segments comprise sales and leases of industrial estate land, sales of electricity, and other related services to tenants of the estate.
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