PT Elnusa Tbk (ISX:ELSA) Debt-to-Equity : 0.27 (As of Mar. 2024)

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What is PT Elnusa Tbk Debt-to-Equity?

PT Elnusa Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp402,940 Mil. PT Elnusa Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp845,790 Mil. PT Elnusa Tbk's Total Stockholders Equity for the quarter that ended in Mar. 2024 was Rp4,597,672 Mil. PT Elnusa Tbk's debt to equity for the quarter that ended in Mar. 2024 was 0.27.

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

ISX:ELSA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.28 Max: 0.53
Current: 0.27

During the past 13 years, the highest Debt-to-Equity Ratio of PT Elnusa Tbk was 0.53. The lowest was 0.13. And the median was 0.28.

ISX:ELSA's Debt-to-Equity is ranked better than
63.86% of 830 companies
in the Oil & Gas industry
Industry Median: 0.45 vs ISX:ELSA: 0.27

PT Elnusa Tbk Debt-to-Equity Historical Data

The historical data trend for PT Elnusa 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.

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PT Elnusa Tbk Debt-to-Equity Chart

PT Elnusa Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.32

0.47

0.30

0.34

0.28

PT Elnusa Tbk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.32	0.34	0.30	0.28	0.27

Competitive Comparison of PT Elnusa Tbk's Debt-to-Equity

For the Oil & Gas Equipment & Services subindustry, PT Elnusa 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 Elnusa Tbk's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PT Elnusa Tbk's Debt-to-Equity distribution charts can be found below:

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

PT Elnusa Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Elnusa 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
	=	(411627	+	831590)	/	4414480
	=	0.28

PT Elnusa Tbk's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(402940	+	845790)	/	4597672
	=	0.27

PT Elnusa Tbk (ISX:ELSA) 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 Elnusa Tbk Debt-to-Equity Related Terms

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

PT Elnusa Tbk (ISX:ELSA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PT Elnusa Tbk (ISX:ELSA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan T.B. Simatupang Kav. 1 B, Graha Elnusa, 16th Floor, Jakarta, IDN, 12560

Website

https://www.elnusa.co.id

PT Elnusa Tbk is an Indonesian company which provides oil and gas services. The business activities of the group are operated through Upstream oil and gas service, Oil and gas support service, and Energy distribution and logistics services segments. The Upstream oil and gas services segment provides geophysical/seismic data services, oil, and gas drilling service and oilfield services; Oil and gas support services segment provides threading services, threading for oil and gas drilling, data and information on energy and mineral resources management services, oil and gas data management services and others; and Energy distribution and logistics services segment is a key revenue driver that provides storage services, trading, distribution and marketing of oil and gas products in Indonesia.

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