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PT Adirana Armada TbkISX:ASSA -2.40%90 Debt-to-Equity is 1.90 as of Mar. 2026, which is 10% below its 10-year median of 2.11. GuruFocus rates ISX:ASSA with a GF Score™ of 90/100 and a GF Value™ of Rp1,065.40 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 958 Business Services companies, PT Adirana Armada Tbk ranks worse than 87.79% on this metric.
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 Adirana Armada Tbk's Debt-to-Equity or its related term are showing as below:
ISX:ASSA'
s Debt-to-Equity Range Over the Past 10 Years
Min: 1.46 Med: 2.11 Max: 2.51
Current: 1.9
During the past 13 years, the highest Debt-to-Equity Ratio of PT Adirana Armada Tbk was 2.51. The lowest was 1.46. And the median was 2.11.
ISX:ASSA's Debt-to-Equity is ranked worse than 87.79% of 958
companies
in the Business Services industry
Industry Median: 0.33
vs ISX:ASSA: 1.90
PT Adirana Armada Tbk (ISX:ASSA) Debt-to-Equity Explanation
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 Adirana Armada Tbk Debt-to-Equity Related Terms
PT Adirana Armada Tbk Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for PT Adirana Armada 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.
ISX:ASSA vs URI, SUNB, AER: Debt-to-Equity Comparison
For the Rental & Leasing Services subindustry, PT Adirana Armada 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 Adirana Armada Tbk Debt-to-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, PT Adirana Armada Tbk's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where PT Adirana Armada Tbk's Debt-to-Equity falls into.
* 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 Adirana Armada Tbk (ISX:ASSA) has a Debt-to-Equity of 1.90 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on PT Adirana Armada Tbk and its competitors. This is 10% below median its historical median of 2.11. Over the past decade, PT Adirana Armada Tbk's Debt-to-Equity has ranged from 1.46 to 2.51. According to the industry distribution chart, PT Adirana Armada Tbk ranks #841 out of 958 companies in the Business Services industry, placing it in the top 87.8%.
Is PT Adirana Armada Tbk's Debt-to-Equity too high?
PT Adirana Armada Tbk's current Debt-to-Equity of 1.90 is 10% below median its 10-year median of 2.11. Over the past 10 years, this metric has ranged from a low of 1.46 to a high of 2.51. The Business Services industry median Debt-to-Equity is 0.33. PT Adirana Armada Tbk's value of 1.90 is 475.8% above this industry median. Based on the distribution chart, PT Adirana Armada Tbk ranks #841 out of 958 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, PT Adirana Armada Tbk has a GF Score™ of 90/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Adirana Armada Tbk's Debt-to-Equity compare to URI and SUNB?
According to the Business Services industry distribution chart, PT Adirana Armada Tbk ranks #841 out of 958 companies for Debt-to-Equity. This places PT Adirana Armada Tbk in the lower half of its industry. The industry median Debt-to-Equity is 0.33. PT Adirana Armada Tbk's value of 1.90 is 475.8% above this benchmark. Historically, PT Adirana Armada Tbk's own Debt-to-Equity has ranged from 1.46 to 2.51 over the past decade. While the company's 10-year median is 2.11 vs. the industry median of 0.33, PT Adirana Armada Tbk has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Business Services company?
The median Debt-to-Equity among Business Services companies is 0.33, based on 958 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Adirana Armada Tbk's current Debt-to-Equity of 1.90 is 475.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on PT Adirana Armada Tbk and its competitors. For the Business Services industry, the median Debt-to-Equity is 0.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Adirana Armada Tbk's current Debt-to-Equity is 1.90, which is 10% below median its own 10-year median of 2.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Adirana Armada Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Adirana Armada Tbk (ISX:ASSA) is currently considered Possible Value Trap. The stock's GF Value™ is Rp1,065.40, compared to a current price of Rp610.00 — trading 42.7% below its estimated fair value. The current Debt-to-Equity is 1.90, which is 10% below median its 10-year median of 2.11 and 475.8% above the Business Services industry median of 0.33. PT Adirana Armada Tbk's overall GF Score™ is 90/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For PT Adirana Armada Tbk (ISX:ASSA), the current Debt-to-Equity is 1.90 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.
Is PT Adirana Armada Tbk (ISX:ASSA) Overvalued in 2026?
Based on GuruFocus' analysis, PT Adirana Armada Tbk stock appears to be undervalued.
The current stock price of Rp610.00 is trading 42.7% below its estimated GF Value™ of Rp1,065.40.
GuruFocus considers PT Adirana Armada Tbk to be Possible Value Trap.
Key valuation signals for ISX:ASSA:
Debt-to-Equity: 1.90 (10% below median its 10-year median of 2.11)
GF Value™: Rp1,065.40 vs. price of Rp610.00 (42.7% below fair value)
Industry Position: 475.8% above the Business Services median (#841 of 958)
No single metric tells the full story. See the ISX:ASSA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Adi Sarana Armada Tbk provides integrated transportation solutions in the form of vehicle rental services. The company is engaged in businesses in inland transportation, including passenger transportation by means of buses, sedans, and other land vehicles, transporting goods, delivery, transportation management, expeditions, and warehouses, and provides long and short-term rental services. The company's segment includes Autopool Passenger Car Vehicle Rental Segment, Delivery Service Segment, Used Vehicle Sales segment, Steering Driver Rental Segment, Auction Services Segment, Logistics and Warehouse Management Segment, and Other segment. The majority of its revenue is generated from the Auction Services segment.
90GF Score
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