PT Rukun Raharja Tbk (ISX:RAJA) Debt-to-Equity : 0.92 (As of Mar. 2024)

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What is PT Rukun Raharja Tbk Debt-to-Equity?

PT Rukun Raharja Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp346,120 Mil. PT Rukun Raharja Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp1,603,664 Mil. PT Rukun Raharja Tbk's Total Stockholders Equity for the quarter that ended in Mar. 2024 was Rp2,109,833 Mil. PT Rukun Raharja Tbk's debt to equity for the quarter that ended in Mar. 2024 was 0.92.

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

ISX:RAJA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13 Med: 0.89 Max: 1.36
Current: 0.92

During the past 13 years, the highest Debt-to-Equity Ratio of PT Rukun Raharja Tbk was 1.36. The lowest was 0.13. And the median was 0.89.

ISX:RAJA's Debt-to-Equity is ranked worse than
52.73% of 476 companies
in the Utilities - Regulated industry
Industry Median: 0.84 vs ISX:RAJA: 0.92

PT Rukun Raharja Tbk Debt-to-Equity Historical Data

The historical data trend for PT Rukun Raharja 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 Rukun Raharja Tbk Debt-to-Equity Chart

PT Rukun Raharja Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.44

0.31

1.06

1.02

1.05

PT Rukun Raharja 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															1.20	1.36	1.36	1.05	0.92

Competitive Comparison of PT Rukun Raharja Tbk's Debt-to-Equity

For the Utilities - Regulated Gas subindustry, PT Rukun Raharja 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 Rukun Raharja Tbk's Debt-to-Equity Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, PT Rukun Raharja Tbk's Debt-to-Equity distribution charts can be found below:

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

PT Rukun Raharja Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Rukun Raharja 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
	=	(439294.133	+	1661782.366)	/	1998205.578
	=	1.05

PT Rukun Raharja 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
	=	(346119.872	+	1603664.073)	/	2109832.783
	=	0.92

PT Rukun Raharja Tbk (ISX:RAJA) 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 Rukun Raharja Tbk Debt-to-Equity Related Terms

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PT Rukun Raharja Tbk (ISX:RAJA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » PT Rukun Raharja Tbk (ISX:RAJA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

Jalan Thamrin Boulevard, Office Park Thamrin Residences Blok A 01-05, Kel. Kebon Melati, Kec. Tanah Abang, Jakarta, IDN, 10230

Website

https://www.raja.co.id

PT Rukun Raharja Tbk through its subsidiaries is engaged in the distribution of natural gas, LPG distribution, and related activities and gas transmission and compression. Its segments include Natural Gas Distribution Segment; Infrastructure Segment and Other Segments. It conducts its business in the field of service or natural gas distribution services, provision, and management of loading and unloading of containers, filling, and transportation services to LPG gas cylinders.

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