PT Kirana Megatara Tbk (ISX:KMTR) Debt-to-Equity : 1.34 (As of Dec. 2023)

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What is PT Kirana Megatara Tbk Debt-to-Equity?

PT Kirana Megatara Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was Rp2,469,732 Mil. PT Kirana Megatara Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was Rp0 Mil. PT Kirana Megatara Tbk's Total Stockholders Equity for the quarter that ended in Dec. 2023 was Rp1,839,451 Mil. PT Kirana Megatara Tbk's debt to equity for the quarter that ended in Dec. 2023 was 1.34.

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

ISX:KMTR' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.98 Med: 1.35 Max: 2.42
Current: 1.34

During the past 8 years, the highest Debt-to-Equity Ratio of PT Kirana Megatara Tbk was 2.42. The lowest was 0.98. And the median was 1.35.

ISX:KMTR's Debt-to-Equity is ranked worse than
82.57% of 1176 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs ISX:KMTR: 1.34

PT Kirana Megatara Tbk Debt-to-Equity Historical Data

The historical data trend for PT Kirana Megatara 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 Kirana Megatara Tbk Debt-to-Equity Chart

PT Kirana Megatara Tbk Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.13

1.36

1.69

1.38

1.34

PT Kirana Megatara Tbk Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.38	1.24	1.24	1.18	1.34

Competitive Comparison of PT Kirana Megatara Tbk's Debt-to-Equity

For the Auto Parts subindustry, PT Kirana Megatara 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 Kirana Megatara Tbk's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, PT Kirana Megatara Tbk's Debt-to-Equity distribution charts can be found below:

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

PT Kirana Megatara Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Kirana Megatara 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
	=	(2469731.907	+	0)	/	1839451.198
	=	1.34

PT Kirana Megatara Tbk's Debt to Equity Ratio for the quarter 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
	=	(2469731.907	+	0)	/	1839451.198
	=	1.34

PT Kirana Megatara Tbk (ISX:KMTR) 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 Kirana Megatara Tbk Debt-to-Equity Related Terms

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PT Kirana Megatara Tbk (ISX:KMTR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » PT Kirana Megatara Tbk (ISX:KMTR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Dr. Ide Anak Agung Gde Agung, (Lingkar Mega Kuningan) Kav E.3.2 No. 1, Menara The East 21st Floor, Jakarta, Selatan, IDN, 12950

Website

https://www.kiranamegatara.com

PT Kirana Megatara Tbk is a producer of crumb rubber in Indonesia. It is engaged in the production and sales of crumb rubber of the type SIR-10, SIR-20, and SIR-20VK, to fulfill the demand of international and domestic tire industries. The company exports its products to Apollo, Bridgestone, Continental, Cooper Tires, Fate, Good Year, Gajah Tunggal, Hankook, Kumho Tyres, Michelin, Nexen, Pirelli, Sumitomo, Toyo Tires, and Yokohama Rubber. The company has operating segments into two groups: crumb rubber factory and agro business.

PT Kirana Megatara Tbk (ISX:KMTR) Headlines

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