PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) LT-Debt-to-Total-Asset : 0.07 (As of Mar. 2024)

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What is PT Mandiri Herindo Adiperkasa Tbk LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. PT Mandiri Herindo Adiperkasa Tbk's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.07.

PT Mandiri Herindo Adiperkasa Tbk's long-term debt to total assets ratio increased from Dec. 2022 (0.04) to Mar. 2024 (0.07). It may suggest that PT Mandiri Herindo Adiperkasa Tbk is progressively becoming more dependent on debt to grow their business.

PT Mandiri Herindo Adiperkasa Tbk LT-Debt-to-Total-Asset Historical Data

The historical data trend for PT Mandiri Herindo Adiperkasa Tbk's LT-Debt-to-Total-Asset 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 Mandiri Herindo Adiperkasa Tbk LT-Debt-to-Total-Asset Chart

PT Mandiri Herindo Adiperkasa Tbk Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.05

0.07

0.04

0.09

PT Mandiri Herindo Adiperkasa Tbk Quarterly Data
	Dec20	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial				0.04	0.08	0.09	0.09	0.07

PT Mandiri Herindo Adiperkasa Tbk LT-Debt-to-Total-Asset Calculation

PT Mandiri Herindo Adiperkasa Tbk's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	218144.743	/	2553935.153
	=	0.09

PT Mandiri Herindo Adiperkasa Tbk's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	179444.221	/	2588013.081
	=	0.07

PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

PT Mandiri Herindo Adiperkasa Tbk LT-Debt-to-Total-Asset Related Terms

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PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » PT Mandiri Herindo Adiperkasa Tbk (ISX:MAHA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Senopati Raya No. 8B, Office 8, Floor 31, SCBD Lot 28, Jakarta, IDN, 12190

Website

https://www.mha.co.id

PT Mandiri Herindo Adiperkasa Tbk is one of the mineral and coal transportation service providers, supported by resources and professional personnel with integrity. Mandiri Services strives to provide safe, efficient, and effective mining services. Its focus is to provide prosperity and energy to the people of Indonesia through consistent and sustainable innovation toward a better future. The company focuses on coal hauling service activities after overburden removal activities are carried out by contractors. The Company also has several types of units in the implementation of coal transportation services, namely single trailers, double trailers and dump trucks with variations in payload capacity and equipment specifications according to the needs of the employer.

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