PT Bank Mandiri (Persero) Tbk (ISX:BMRI) Debt-to-Equity : 0.52 (As of Dec. 2023)

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What is PT Bank Mandiri (Persero) Tbk Debt-to-Equity?

PT Bank Mandiri (Persero) Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was Rp0 Mil. PT Bank Mandiri (Persero) Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was Rp134,256,304 Mil. PT Bank Mandiri (Persero) Tbk's Total Stockholders Equity for the quarter that ended in Dec. 2023 was Rp260,852,784 Mil. PT Bank Mandiri (Persero) Tbk's debt to equity for the quarter that ended in Dec. 2023 was 0.51.

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 Bank Mandiri (Persero) Tbk's Debt-to-Equity or its related term are showing as below:

ISX:BMRI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29 Med: 0.4 Max: 0.52
Current: 0.52

During the past 13 years, the highest Debt-to-Equity Ratio of PT Bank Mandiri (Persero) Tbk was 0.52. The lowest was 0.29. And the median was 0.40.

ISX:BMRI's Debt-to-Equity is ranked better than
59.12% of 1392 companies
in the Banks industry
Industry Median: 0.66 vs ISX:BMRI: 0.52

PT Bank Mandiri (Persero) Tbk Debt-to-Equity Historical Data

The historical data trend for PT Bank Mandiri (Persero) 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 Bank Mandiri (Persero) Tbk Debt-to-Equity Chart

PT Bank Mandiri (Persero) Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.41

0.47

0.46

0.47

0.52

PT Bank Mandiri (Persero) 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															0.47	0.50	0.59	0.57	0.52

Competitive Comparison of PT Bank Mandiri (Persero) Tbk's Debt-to-Equity

For the Banks - Regional subindustry, PT Bank Mandiri (Persero) 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 Bank Mandiri (Persero) Tbk's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, PT Bank Mandiri (Persero) Tbk's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where PT Bank Mandiri (Persero) Tbk's Debt-to-Equity falls into.

PT Bank Mandiri (Persero) Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Bank Mandiri (Persero) 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
	=	(0	+	134256304)	/	260852784
	=	0.51

PT Bank Mandiri (Persero) 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
	=	(0	+	134256304)	/	260852784
	=	0.51

PT Bank Mandiri (Persero) Tbk (ISX:BMRI) 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 Bank Mandiri (Persero) Tbk Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of PT Bank Mandiri (Persero) Tbk's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Bank Mandiri (Persero) Tbk (ISX:BMRI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » PT Bank Mandiri (Persero) Tbk (ISX:BMRI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PPERY:USA PPERF:USA PQ90:Germany PQ9:Germany

Address

Jalan Jenderal Gatot Subroto Kav. 36-38, Plaza Mandiri, Jakarta, IDN, 12190

Website

https://www.bankmandiri.co.id

PT Bank Mandiri (Persero) Tbk is a full-service bank principally operating in the Indonesian archipelago. The national government of Indonesia owns well over half of the bank's outstanding shares. Its wide range of products and services includes deposit collection, loans, promissory note issuance, guarantee services, wholesale banking, custodian banking, asset and wealth management, factoring and credit card services, and Islamic banking. The bank's strategy emphasizes a cross-selling culture and increased regionalization, expertise-oriented solutions, and ease of access for its micro, small, and midsize enterprise customers. Its loan portfolio is diversified, mostly in industrials, restaurants and hospitality, and the transportation and storage industries.

PT Bank Mandiri (Persero) Tbk (ISX:BMRI) Headlines

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