PT Xl Axiata Tbk (PT Xl Axiata Tbk) Debt-to-Equity : 1.71 (As of Mar. 2024)

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What is PT Xl Axiata Tbk Debt-to-Equity?

PT Xl Axiata Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $480 Mil. PT Xl Axiata Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $2,507 Mil. PT Xl Axiata Tbk's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $1,745 Mil. PT Xl Axiata Tbk's debt to equity for the quarter that ended in Mar. 2024 was 1.71.

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

PTXKY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.8 Med: 1.65 Max: 2.44
Current: 1.71

During the past 13 years, the highest Debt-to-Equity Ratio of PT Xl Axiata Tbk was 2.44. The lowest was 0.80. And the median was 1.65.

PTXKY's Debt-to-Equity is ranked worse than
77.68% of 345 companies
in the Telecommunication Services industry
Industry Median: 0.66 vs PTXKY: 1.71

PT Xl Axiata Tbk Debt-to-Equity Historical Data

The historical data trend for PT Xl Axiata 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 Xl Axiata Tbk Debt-to-Equity Chart

PT Xl Axiata Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

1.41

1.76

1.78

1.71

1.74

PT Xl Axiata 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															1.58	1.65	1.69	1.74	1.71

Competitive Comparison of PT Xl Axiata Tbk's Debt-to-Equity

For the Telecom Services subindustry, PT Xl Axiata 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 Xl Axiata Tbk's Debt-to-Equity Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, PT Xl Axiata Tbk's Debt-to-Equity distribution charts can be found below:

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

PT Xl Axiata Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Xl Axiata 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
	=	(446.075	+	2532.521)	/	1709.935
	=	1.74

PT Xl Axiata 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
	=	(480.028	+	2506.934)	/	1745.008
	=	1.71

PT Xl Axiata Tbk (OTCPK:PTXKY) 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 Xl Axiata Tbk Debt-to-Equity Related Terms

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PT Xl Axiata Tbk (PT Xl Axiata Tbk) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » PT Xl Axiata Tbk (OTCPK:PTXKY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

EXCL:Indonesia E5F:Germany

Address

Jalan HR Rasuna Said X5, Kavling 11-12, XL Axiata Tower, Kuningan Timur, Setiabudi, Jakarta Selatan, Jakarta, IDN, 12950

Website

https://www.xl.co.id

PT XL Axiata TBK is a telecommunications company. The company generates revenue from the provision of mobile services. Within mobile services, the products offered are SMS, data, and voice, with data and voice comprising the bulk of overall company revenue. The majority of PT XL Axiata's subscriber base is on the 2G spectrum. Additionally, it is an owner of the telecommunications infrastructure, specifically mobile base stations and fiber networks. It also derives revenue from renting out the telecommunication towers. The company generates the vast majority of its revenue in Indonesia.

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