PT Astra Agro Lestari Tbk (PT Astra Agro Lestari Tbk) Debt-to-Equity : 0.18 (As of Mar. 2024)

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What is PT Astra Agro Lestari Tbk Debt-to-Equity?

PT Astra Agro Lestari Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $154 Mil. PT Astra Agro Lestari Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $110 Mil. PT Astra Agro Lestari Tbk's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $1,444 Mil. PT Astra Agro Lestari Tbk's debt to equity for the quarter that ended in Mar. 2024 was 0.18.

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 Astra Agro Lestari Tbk's Debt-to-Equity or its related term are showing as below:

AAGRY' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18 Med: 0.29 Max: 0.69
Current: 0.18

During the past 13 years, the highest Debt-to-Equity Ratio of PT Astra Agro Lestari Tbk was 0.69. The lowest was 0.18. And the median was 0.29.

AAGRY's Debt-to-Equity is ranked better than
69.95% of 1637 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs AAGRY: 0.18

PT Astra Agro Lestari Tbk Debt-to-Equity Historical Data

The historical data trend for PT Astra Agro Lestari 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 Astra Agro Lestari Tbk Debt-to-Equity Chart

PT Astra Agro Lestari Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.31

0.30

0.28

0.19

0.18

PT Astra Agro Lestari 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															0.18	0.18	0.19	0.18	0.18

Competitive Comparison of PT Astra Agro Lestari Tbk's Debt-to-Equity

For the Farm Products subindustry, PT Astra Agro Lestari 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 Astra Agro Lestari Tbk's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Astra Agro Lestari Tbk's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where PT Astra Agro Lestari Tbk's Debt-to-Equity falls into.

PT Astra Agro Lestari Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Astra Agro Lestari 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
	=	(150.188	+	109.61)	/	1428.13
	=	0.18

PT Astra Agro Lestari 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
	=	(154.491	+	109.592)	/	1443.759
	=	0.18

PT Astra Agro Lestari Tbk (OTCPK:AAGRY) 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 Astra Agro Lestari Tbk Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of PT Astra Agro Lestari Tbk's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Astra Agro Lestari Tbk (PT Astra Agro Lestari Tbk) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Astra Agro Lestari Tbk (OTCPK:AAGRY) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

AALI:Indonesia ASX:Germany

Address

Jalan Puloayang Raya Blok OR-1, Kawasan Industri Pulogadung, Jakarta, IDN, 13930

Website

https://www.astra-agro.co.id

PT Astra Agro Lestari Tbk cultivates oil palm plantations and operates several oil palm mills and refineries in Southeast Asia. The company produces crude palm oil and palm kernel oil from its own plantations. Additionally, it purchases products harvested from oil palm trees from smaller third parties in communities surrounding its own plantations. The oils and products harvested are shipped to oil mills and refineries as the company can generate multiple uses from a single plant. Astra Agro Lestari has established marketing offices to help export its refined product to various regions located throughout Asia. It has implemented mechanization, automation, and a water management system to streamline processes and enhance efficiency.

PT Astra Agro Lestari Tbk (PT Astra Agro Lestari Tbk) Headlines

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