PT Garuda Indonesia (Persero) Tbk (FRA:YGD) Debt-to-Asset : 0.49 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:YGD PT Garuda Indonesia (Persero) Tbk FRA:YGD
43 GF Score
Price €0.00
! 6 Warning Signs
View Full Analysis

What is PT Garuda Indonesia (Persero) Tbk Debt-to-Asset?

PT Garuda Indonesia (Persero) Tbk FRA:YGD 43 Debt-to-Asset is 0.49 as of Mar. 2026. GuruFocus rates FRA:YGD with a GF Score™ of 43/100. The stock has 6 warning signs investors should review.

PT Garuda Indonesia (Persero) Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €309 Mil. PT Garuda Indonesia (Persero) Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €2,879 Mil. PT Garuda Indonesia (Persero) Tbk's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2026 was €6,493 Mil. PT Garuda Indonesia (Persero) Tbk's debt to asset for the quarter that ended in Mar. 2026 was 0.49.

PT Garuda Indonesia (Persero) Tbk  (FRA:YGD) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

PT Garuda Indonesia (Persero) Tbk Debt-to-Asset Related Terms

PT Garuda Indonesia (Persero) Tbk Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for PT Garuda Indonesia (Persero) Tbk's Debt-to-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.

PT Garuda Indonesia (Persero) Tbk Debt-to-Asset Chart

PT Garuda Indonesia (Persero) Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 0.64 0.59 0.58 0.50

PT Garuda Indonesia (Persero) Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-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 0.59 0.60 0.63 0.50 0.49

FRA:YGD vs DAL, UAL, LUV: Debt-to-Asset Comparison

For the Airlines subindustry, PT Garuda Indonesia (Persero) Tbk's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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 Garuda Indonesia (Persero) Tbk Debt-to-Asset vs Transportation Industry

For the Transportation industry and Industrials sector, PT Garuda Indonesia (Persero) Tbk's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where PT Garuda Indonesia (Persero) Tbk's Debt-to-Asset falls into.


FRA:YGD
43GF Score
PT Garuda Indonesia (Persero) Tbk FRA:YGD
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Garuda Indonesia (Persero) Tbk Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

PT Garuda Indonesia (Persero) Tbk's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(302.163 + 2897.837) / 6346.587
=0.50

PT Garuda Indonesia (Persero) Tbk's Debt-to-Asset for the quarter that ended in Mar. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(308.917 + 2878.582) / 6493.365
=0.49

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.49 mean?
PT Garuda Indonesia (Persero) Tbk (FRA:YGD) has a Debt-to-Asset of 0.49 as of Mar. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on PT Garuda Indonesia (Persero) Tbk and its competitors.
Is PT Garuda Indonesia (Persero) Tbk's Debt-to-Asset too high?
PT Garuda Indonesia (Persero) Tbk's current Debt-to-Asset is 0.49. Overall, PT Garuda Indonesia (Persero) Tbk has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does PT Garuda Indonesia (Persero) Tbk's Debt-to-Asset compare to DAL and UAL?
PT Garuda Indonesia (Persero) Tbk's Debt-to-Asset of 0.49 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Transportation company?
A good Debt-to-Asset depends on the Transportation industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on PT Garuda Indonesia (Persero) Tbk and its competitors. PT Garuda Indonesia (Persero) Tbk's current Debt-to-Asset is 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Garuda Indonesia (Persero) Tbk stock overvalued right now?
PT Garuda Indonesia (Persero) Tbk (FRA:YGD) has a current Debt-to-Asset of 0.49. The current Debt-to-Asset is 0.49. PT Garuda Indonesia (Persero) Tbk's overall GF Score™ is 43/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For PT Garuda Indonesia (Persero) Tbk (FRA:YGD), the current Debt-to-Asset is 0.49 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

PT Garuda Indonesia (Persero) Tbk Business Description

Other Exchanges GIAA:Indonesia
Address Jalan Kebon Sirih No. 46A, Garuda Indonesia Building, Jakarta, IDN, 10110
PT Garuda Indonesia (Persero) Tbk provides airline services in Indonesia and internationally. It operates through Flight Operations, Aircraft Maintenance Services, and Other segments. It provides scheduled and non-scheduled airline services for domestic and international markets, and aircraft repair, maintenance, and overhaul services. The company also offers computerized reservation system (CRS); training facilities for the employees of travel agencies; technical assistance in the CRS for travel agents, as well as rents computer equipment for travel agents.
43GF Score

Get the complete analysis for FRA:YGD

Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.00
Price