PT Mandala Multifinance Tbk (ISX:MFIN) Debt-to-Equity

: 0.87 (As of Dec. 2023)

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PT Mandala Multifinance Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was Rp2,337,995 Mil. PT Mandala Multifinance Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was Rp618,611 Mil. PT Mandala Multifinance Tbk's Total Stockholders Equity for the quarter that ended in Dec. 2023 was Rp3,396,430 Mil. PT Mandala Multifinance Tbk's debt to equity for the quarter that ended in Dec. 2023 was 0.87.

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

ISX:MFIN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.57 Med: 0.87 Max: 2.32
Current: 0.87

During the past 13 years, the highest Debt-to-Equity Ratio of PT Mandala Multifinance Tbk was 2.32. The lowest was 0.57. And the median was 0.87.

ISX:MFIN's Debt-to-Equity is ranked better than
56.15% of 431 companies
in the Credit Services industry
Industry Median: 1.18 vs ISX:MFIN: 0.87

PT Mandala Multifinance Tbk Debt-to-Equity Historical Data

The historical data trend for PT Mandala Multifinance 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 Mandala Multifinance Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.95

0.70

0.83

0.94

0.87

PT Mandala Multifinance 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																0.94	1.01	1.17	0.95	0.87

Competitive Comparison

For the Credit Services subindustry, PT Mandala Multifinance 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 Mandala Multifinance Tbk Debt-to-Equity Distribution

For the Credit Services industry and Financial Services sector, PT Mandala Multifinance Tbk's Debt-to-Equity distribution charts can be found below:

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

PT Mandala Multifinance Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Mandala Multifinance 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
	=	(2337995	+	618611)	/	3396430
	=	0.87

PT Mandala Multifinance 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
	=	(2337995	+	618611)	/	3396430
	=	0.87

PT Mandala Multifinance Tbk (ISX:MFIN) 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 Mandala Multifinance Tbk Debt-to-Equity Related Terms

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PT Mandala Multifinance Tbk (ISX:MFIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » PT Mandala Multifinance Tbk (ISX:MFIN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jl. Menteng Raya No. 24 AB, Central Jakarta, Jakarta Pusat, IDN, 10340

Website

https://www.mandalafinance.com

PT Mandala Multifinance Tbk is engaged in conducting business activities in consumer financing solutions for motorcycles, electronics, furniture, and multipurpose needs. Its segments of the company include Conventional and Sharia. Geographically, the company focuses its activities in Indonesia where the regions include Java, Sumatera, Sulawesi, and Kalimantan. It generates the majority of its revenue from the Conventional segment.