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PT Bank Mandiri (Persero) Tbk (PT Bank Mandiri (Persero) Tbk) LT-Debt-to-Total-Asset : 0.06 (As of Dec. 2023)


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What is PT Bank Mandiri (Persero) 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 Bank Mandiri (Persero) Tbk's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.06.

PT Bank Mandiri (Persero) Tbk's long-term debt to total assets ratio increased from Dec. 2022 (0.05) to Dec. 2023 (0.06). It may suggest that PT Bank Mandiri (Persero) Tbk is progressively becoming more dependent on debt to grow their business.

PT Bank Mandiri (Persero) Tbk LT-Debt-to-Total-Asset Historical Data

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

PT Bank Mandiri (Persero) Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.06 0.06 0.05 0.06

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
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.06 0.07 0.07 0.06

PT Bank Mandiri (Persero) Tbk LT-Debt-to-Total-Asset Calculation

PT Bank Mandiri (Persero) 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 )
=8708.894/141036.55
=0.06

PT Bank Mandiri (Persero) Tbk's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )/Total Assets (Q: Dec. 2023 )
=8708.894/141036.55
=0.06

* 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.

PT Bank Mandiri (Persero) Tbk  (OTCPK:PPERF) 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 Bank Mandiri (Persero) Tbk LT-Debt-to-Total-Asset Related Terms

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PT Bank Mandiri (Persero) Tbk (PT Bank Mandiri (Persero) Tbk) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » PT Bank Mandiri (Persero) Tbk (OTCPK:PPERF) » Definitions » LT-Debt-to-Total-Asset
Comparable Companies
ISX:BBRI ISX:BBNI ISX:BRIS ISX:MEGA ISX:BNGA ISX:BNLI ISX:PNBN ISX:BBHI ISX:BDMN ISX:NISP CAR:BPV CAR:MVZ.A CAR:BNC NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK SAU:1120 ISX:BBCA XPAR:BNP MIC:SBER
Traded in Other Exchanges
PPERY:USA BMRI:Indonesia 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.