PT Trans Power Marine Tbk (ISX:TPMA) Debt-to-Equity : 0.17 (As of Mar. 2024)

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What is PT Trans Power Marine Tbk Debt-to-Equity?

PT Trans Power Marine Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp132,454 Mil. PT Trans Power Marine Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp125,810 Mil. PT Trans Power Marine Tbk's Total Stockholders Equity for the quarter that ended in Mar. 2024 was Rp1,514,375 Mil. PT Trans Power Marine Tbk's debt to equity for the quarter that ended in Mar. 2024 was 0.17.

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

ISX:TPMA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.27 Max: 0.9
Current: 0.17

During the past 9 years, the highest Debt-to-Equity Ratio of PT Trans Power Marine Tbk was 0.90. The lowest was 0.11. And the median was 0.27.

ISX:TPMA's Debt-to-Equity is ranked better than
80.82% of 881 companies
in the Transportation industry
Industry Median: 0.56 vs ISX:TPMA: 0.17

PT Trans Power Marine Tbk Debt-to-Equity Historical Data

The historical data trend for PT Trans Power Marine 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 Trans Power Marine Tbk Debt-to-Equity Chart

PT Trans Power Marine Tbk Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.31

0.27

0.21

0.13

0.20

PT Trans Power Marine 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															0.11	0.19	0.17	0.20	0.17

Competitive Comparison of PT Trans Power Marine Tbk's Debt-to-Equity

For the Marine Shipping subindustry, PT Trans Power Marine 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 Trans Power Marine Tbk's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, PT Trans Power Marine Tbk's Debt-to-Equity distribution charts can be found below:

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

PT Trans Power Marine Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Trans Power Marine 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
	=	(153358.297	+	124268.318)	/	1426349.323
	=	0.19

PT Trans Power Marine 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
	=	(132454.211	+	125809.918)	/	1514374.643
	=	0.17

PT Trans Power Marine Tbk (ISX:TPMA) 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 Trans Power Marine Tbk Debt-to-Equity Related Terms

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

PT Trans Power Marine Tbk (ISX:TPMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » PT Trans Power Marine Tbk (ISX:TPMA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan. Gatot Subroto Kav. 24 and 25, Centennial Tower Lantai 26 Unit A and B, South Jakarta, IDN, 12930

Website

https://www.transpowermarine.com

PT Trans Power Marine Tbk is a marine shipping and transportation company. It is engaged in the business activity of providing inter-island freight transport services both domestically and across Southeast Asia. Its services are divided into two types, namely Tugboats and Barge in which the company uses tugboats and barges to transport bulk commodities, and Crane Barge in which the company uses crane barges for offshore transportation services. Its operating segments of the company are Transshipment and Inter-Island Transportation. It offers shipping and logistics services such as tug and barge, voyage charter and time charter, floating services, and vessel handling and supply services for the coal and biomass sector.

PT Trans Power Marine Tbk (ISX:TPMA) Headlines

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