PT Ace Hardware Indonesia Tbk (PT Ace Hardware Indonesia Tbk) Debt-to-Equity : 0.14 (As of Dec. 2023)

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What is PT Ace Hardware Indonesia Tbk Debt-to-Equity?

PT Ace Hardware Indonesia Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $17.8 Mil. PT Ace Hardware Indonesia Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $39.0 Mil. PT Ace Hardware Indonesia Tbk's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $398.5 Mil. PT Ace Hardware Indonesia Tbk's debt to equity for the quarter that ended in Dec. 2023 was 0.14.

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 Ace Hardware Indonesia Tbk's Debt-to-Equity or its related term are showing as below:

ACEHF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.14 Max: 0.17
Current: 0.14

During the past 13 years, the highest Debt-to-Equity Ratio of PT Ace Hardware Indonesia Tbk was 0.17. The lowest was 0.00. And the median was 0.14.

ACEHF's Debt-to-Equity is ranked better than
82.24% of 1002 companies
in the Retail - Cyclical industry
Industry Median: 0.63 vs ACEHF: 0.14

PT Ace Hardware Indonesia Tbk Debt-to-Equity Historical Data

The historical data trend for PT Ace Hardware Indonesia 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 Ace Hardware Indonesia Tbk Debt-to-Equity Chart

PT Ace Hardware Indonesia Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.17

0.16

0.15

0.12

0.14

PT Ace Hardware Indonesia 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															0.12	0.14	0.16	0.15	0.14

Competitive Comparison of PT Ace Hardware Indonesia Tbk's Debt-to-Equity

For the Specialty Retail subindustry, PT Ace Hardware Indonesia 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 Ace Hardware Indonesia Tbk's Debt-to-Equity Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PT Ace Hardware Indonesia Tbk's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where PT Ace Hardware Indonesia Tbk's Debt-to-Equity falls into.

PT Ace Hardware Indonesia Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Ace Hardware Indonesia 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
	=	(17.753	+	39.015)	/	398.506
	=	0.14

PT Ace Hardware Indonesia 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
	=	(17.753	+	39.015)	/	398.506
	=	0.14

PT Ace Hardware Indonesia Tbk (OTCPK:ACEHF) 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 Ace Hardware Indonesia Tbk Debt-to-Equity Related Terms

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PT Ace Hardware Indonesia Tbk (PT Ace Hardware Indonesia Tbk) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » PT Ace Hardware Indonesia Tbk (OTCPK:ACEHF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

ACES:Indonesia

Address

Jalan Puri Kencana No. 1, Kawan Lama Building, Kembangan Selatan, Jakarta, IDN, 11610

Website

https://www.acehardware.co.id

PT Ace Hardware Indonesia Tbk is an Indonesian company that produces household appliances and lifestyle products. The company operates across a network of cities in Indonesia. Ace Hardware segments its activities into a Home Improvement unit that includes hardware, cleaning aids, lighting, paint, and other products, and a Lifestyle unit that includes automotive, furniture, and home appliances. Through its subsidiary, PT Toys Game Indonesia, the company is also engaged in the toy retail industry. The company's home improvement and lifestyle product retail stores operate under the Ace brand, while the company's toy business operates under the Toys Kingdom brand. The majority of the company's revenue is derived from sales of its home improvement products.

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