PT United Tractors Tbk (PT United Tractors Tbk) Debt-to-Equity : 0.24 (As of Dec. 2023)

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What is PT United Tractors Tbk Debt-to-Equity?

PT United Tractors Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $84 Mil. PT United Tractors Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,140 Mil. PT United Tractors Tbk's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $5,141 Mil. PT United Tractors Tbk's debt to equity for the quarter that ended in Dec. 2023 was 0.24.

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

PUTKY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.12 Max: 0.24
Current: 0.24

During the past 13 years, the highest Debt-to-Equity Ratio of PT United Tractors Tbk was 0.24. The lowest was 0.03. And the median was 0.12.

PUTKY's Debt-to-Equity is ranked worse than
61.1% of 1311 companies
in the Metals & Mining industry
Industry Median: 0.13 vs PUTKY: 0.24

PT United Tractors Tbk Debt-to-Equity Historical Data

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

PT United Tractors Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.24

0.21

0.13

0.04

0.24

PT United Tractors Tbk Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.04	0.03	0.07	0.20	0.24

Competitive Comparison of PT United Tractors Tbk's Debt-to-Equity

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

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

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

PT United Tractors Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT United Tractors 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
	=	(83.968	+	1140.395)	/	5140.799
	=	0.24

PT United Tractors Tbk's Debt to Equity Ratio for the quarter 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
	=	(83.968	+	1140.395)	/	5140.799
	=	0.24

PT United Tractors Tbk (OTCPK:PUTKY) 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 United Tractors Tbk Debt-to-Equity Related Terms

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PT United Tractors Tbk (PT United Tractors Tbk) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

PUTKF:USA UNTR:Indonesia UTY:Germany

Address

Jalan Raya Bekasi Km. 22, Cakung, Jakarta Timur, Jakarta, IDN, 13910

Website

https://www.unitedtractors.com

PT United Tractors Tbk is one of the largest distributors of heavy equipment in Indonesia. It manufactures construction machinery and provides mining services to help customers tap natural resources. The machinery is distributed under various brands and works in the mining, construction, forestry, material handling, and transportation sectors. The company operates contact centers to deliver spare parts, mechanics support, and repair machines for customers. United Tractors operates five business segments: construction machinery, mining contracting (a majority of total revenues), coal mining, gold mining, and construction industry. Mining services pertain to mine design, exploration, extracting, and hauling commodities. The majority of total sales are generated in Indonesia.

PT United Tractors Tbk (PT United Tractors Tbk) Headlines

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