PT Apexindo Pratama Duta Tbk (ISX:APEX) Debt-to-Equity : 1.86 (As of Mar. 2024)

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What is PT Apexindo Pratama Duta Tbk Debt-to-Equity?

PT Apexindo Pratama Duta Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp92,743 Mil. PT Apexindo Pratama Duta Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp1,817,314 Mil. PT Apexindo Pratama Duta Tbk's Total Stockholders Equity for the quarter that ended in Mar. 2024 was Rp1,028,432 Mil. PT Apexindo Pratama Duta Tbk's debt to equity for the quarter that ended in Mar. 2024 was 1.86.

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 Apexindo Pratama Duta Tbk's Debt-to-Equity or its related term are showing as below:

ISX:APEX' s Debt-to-Equity Range Over the Past 10 Years
Min: -10.51 Med: 1.98 Max: 30.21
Current: 1.86

During the past 13 years, the highest Debt-to-Equity Ratio of PT Apexindo Pratama Duta Tbk was 30.21. The lowest was -10.51. And the median was 1.98.

ISX:APEX's Debt-to-Equity is ranked worse than
88.42% of 829 companies
in the Oil & Gas industry
Industry Median: 0.44 vs ISX:APEX: 1.86

PT Apexindo Pratama Duta Tbk Debt-to-Equity Historical Data

The historical data trend for PT Apexindo Pratama Duta 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.

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PT Apexindo Pratama Duta Tbk Debt-to-Equity Chart

PT Apexindo Pratama Duta Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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5.94

1.03

1.05

1.98

1.93

PT Apexindo Pratama Duta 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															1.93	1.89	1.88	1.93	1.86

Competitive Comparison of PT Apexindo Pratama Duta Tbk's Debt-to-Equity

For the Oil & Gas Drilling subindustry, PT Apexindo Pratama Duta 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 Apexindo Pratama Duta Tbk's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PT Apexindo Pratama Duta Tbk's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where PT Apexindo Pratama Duta Tbk's Debt-to-Equity falls into.

PT Apexindo Pratama Duta Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Apexindo Pratama Duta 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
	=	(96319.123	+	1836846.381)	/	1001083.744
	=	1.93

PT Apexindo Pratama Duta 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
	=	(92742.613	+	1817314.318)	/	1028431.716
	=	1.86

PT Apexindo Pratama Duta Tbk (ISX:APEX) 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 Apexindo Pratama Duta Tbk Debt-to-Equity Related Terms

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PT Apexindo Pratama Duta Tbk (ISX:APEX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PT Apexindo Pratama Duta Tbk (ISX:APEX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Jend. Sudirman Kav. 52- 53, Office 8 Building, 20th-21st Floor, SCBD Lot 28, Kebayoran Baru, Jakarta, IDN, 12190

Website

https://www.apexindo.com

PT Apexindo Pratama Duta Tbk is a drilling contractor. The company's operating segment includes Offshore drilling services and Onshore drilling services. It generates maximum revenue from the Offshore drilling services segment. The company serves oil and gas, geothermal, and coal bed methane industries. It provides offshore-drilling services which include Swampbarges and Jack-up, and onshore drilling services to clients.