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PT Atlantis Subsea Indonesia Tbk (ISX:ATLA) Debt-to-Equity : 0.02 (As of Sep. 2023)


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What is PT Atlantis Subsea Indonesia Tbk Debt-to-Equity?

PT Atlantis Subsea Indonesia Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was Rp314 Mil. PT Atlantis Subsea Indonesia Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was Rp471 Mil. PT Atlantis Subsea Indonesia Tbk's Total Stockholders Equity for the quarter that ended in Sep. 2023 was Rp48,698 Mil. PT Atlantis Subsea Indonesia Tbk's debt to equity for the quarter that ended in Sep. 2023 was 0.02.

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 Atlantis Subsea Indonesia Tbk's Debt-to-Equity or its related term are showing as below:

ISX:ATLA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.14   Max: 2.89
Current: 0.02

During the past 3 years, the highest Debt-to-Equity Ratio of PT Atlantis Subsea Indonesia Tbk was 2.89. The lowest was 0.02. And the median was 0.14.

ISX:ATLA's Debt-to-Equity is ranked better than
95.54% of 830 companies
in the Oil & Gas industry
Industry Median: 0.45 vs ISX:ATLA: 0.02

PT Atlantis Subsea Indonesia Tbk Debt-to-Equity Historical Data

The historical data trend for PT Atlantis Subsea Indonesia 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 Atlantis Subsea Indonesia Tbk Debt-to-Equity Chart

PT Atlantis Subsea Indonesia Tbk Annual Data
Trend Dec20 Dec21 Dec22
Debt-to-Equity
2.89 0.19 0.10

PT Atlantis Subsea Indonesia Tbk Quarterly Data
Dec20 Dec21 Sep22 Dec22 Sep23
Debt-to-Equity 2.89 0.19 N/A 0.10 0.02

Competitive Comparison of PT Atlantis Subsea Indonesia Tbk's Debt-to-Equity

For the Oil & Gas Equipment & Services subindustry, PT Atlantis Subsea Indonesia 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 Atlantis Subsea Indonesia Tbk's Debt-to-Equity Distribution in the Oil & Gas Industry

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

* The bar in red indicates where PT Atlantis Subsea Indonesia Tbk's Debt-to-Equity falls into.


PT Atlantis Subsea Indonesia Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Atlantis Subsea Indonesia Tbk's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
=(1424.469 + 1894.91) / 33739.854
=0.10

PT Atlantis Subsea Indonesia Tbk's Debt to Equity Ratio for the quarter that ended in Sep. 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
=(313.833 + 470.75) / 48698.175
=0.02

* 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 Atlantis Subsea Indonesia Tbk  (ISX:ATLA) 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 Atlantis Subsea Indonesia Tbk Debt-to-Equity Related Terms

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PT Atlantis Subsea Indonesia Tbk (ISX:ATLA) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PT Atlantis Subsea Indonesia Tbk (ISX:ATLA) » Definitions » Debt-to-Equity
Comparable Companies
Traded in Other Exchanges
N/A
Address
Jalan Tebet Barat Dalam Raya No. 6, South Jakarta, IDN, 12810
Website
https://atlantissubsea.com
PT Atlantis Subsea Indonesia Tbk provides specialist multi-disciplinary survey support, and provides solutions for the Oil and Gas, Energy & Renewable Energy and Marine Infrastructure sectors. It provides safe, high quality and integrated innovative services and technology engaged in surveys and services for energy companies.

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