PT Pertamina Geothermal Energy Tbk (FRA:NJ9) Debt-to-Equity : 0.36 (As of Mar. 2024)

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What is PT Pertamina Geothermal Energy Tbk Debt-to-Equity?

PT Pertamina Geothermal Energy Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €14.6 Mil. PT Pertamina Geothermal Energy Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €655.0 Mil. PT Pertamina Geothermal Energy Tbk's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €1,863.3 Mil. PT Pertamina Geothermal Energy Tbk's debt to equity for the quarter that ended in Mar. 2024 was 0.36.

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 Pertamina Geothermal Energy Tbk's Debt-to-Equity or its related term are showing as below:

FRA:NJ9' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.36 Med: 0.71 Max: 1.26
Current: 0.36

During the past 5 years, the highest Debt-to-Equity Ratio of PT Pertamina Geothermal Energy Tbk was 1.26. The lowest was 0.36. And the median was 0.71.

FRA:NJ9's Debt-to-Equity is ranked better than
72.66% of 395 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.81 vs FRA:NJ9: 0.36

PT Pertamina Geothermal Energy Tbk Debt-to-Equity Historical Data

The historical data trend for PT Pertamina Geothermal Energy 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 Pertamina Geothermal Energy Tbk Debt-to-Equity Chart

PT Pertamina Geothermal Energy Tbk Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

1.26

1.02

0.78

0.75

0.37

PT Pertamina Geothermal Energy Tbk Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial									0.40	0.39	0.38	0.37	0.36

Competitive Comparison of PT Pertamina Geothermal Energy Tbk's Debt-to-Equity

For the Utilities - Renewable subindustry, PT Pertamina Geothermal Energy 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 Pertamina Geothermal Energy Tbk's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, PT Pertamina Geothermal Energy Tbk's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where PT Pertamina Geothermal Energy Tbk's Debt-to-Equity falls into.

PT Pertamina Geothermal Energy Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Pertamina Geothermal Energy 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
	=	(15.048	+	655.134)	/	1807.847
	=	0.37

PT Pertamina Geothermal Energy 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
	=	(14.632	+	654.974)	/	1863.31
	=	0.36

PT Pertamina Geothermal Energy Tbk (FRA:NJ9) 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 Pertamina Geothermal Energy Tbk Debt-to-Equity Related Terms

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PT Pertamina Geothermal Energy Tbk (FRA:NJ9) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » PT Pertamina Geothermal Energy Tbk (FRA:NJ9) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

PGEO:Indonesia

Address

Jalan Medan Merdeka Timur No. 11-13, Grha Pertamina – Tower Pertamax, 7th Floor, Gambir, Jakarta Pusat, Jakarta, IDN, 10110

Website

https://www.pge.pertamina.com

PT Pertamina Geothermal Energy Tbk is engaged in geothermal activities, including in the upstream and or downstream sectors, in Indonesia and abroad, and other related or supporting business activities in the field of geothermal energy.

PT Pertamina Geothermal Energy Tbk (FRA:NJ9) Headlines

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