PTranacentral Bajatama Tbk (ISX:BAJA) Debt-to-Equity : 0.86 (As of Mar. 2024)

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What is PTranacentral Bajatama Tbk Debt-to-Equity?

PTranacentral Bajatama Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp80,293 Mil. PTranacentral Bajatama Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp15 Mil. PTranacentral Bajatama Tbk's Total Stockholders Equity for the quarter that ended in Mar. 2024 was Rp93,526 Mil. PTranacentral Bajatama Tbk's debt to equity for the quarter that ended in Mar. 2024 was 0.86.

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 PTranacentral Bajatama Tbk's Debt-to-Equity or its related term are showing as below:

ISX:BAJA' s Debt-to-Equity Range Over the Past 10 Years
Min: -13.36 Med: 1.22 Max: 3.87
Current: 0.86

During the past 13 years, the highest Debt-to-Equity Ratio of PTranacentral Bajatama Tbk was 3.87. The lowest was -13.36. And the median was 1.22.

ISX:BAJA's Debt-to-Equity is ranked worse than
75.72% of 556 companies
in the Steel industry
Industry Median: 0.415 vs ISX:BAJA: 0.86

PTranacentral Bajatama Tbk Debt-to-Equity Historical Data

The historical data trend for PTranacentral Bajatama 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.

PTranacentral Bajatama Tbk Debt-to-Equity Chart

PTranacentral Bajatama Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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3.25

0.95

0.16

0.95

0.52

PTranacentral Bajatama 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															0.39	0.58	0.37	0.52	0.86

Competitive Comparison of PTranacentral Bajatama Tbk's Debt-to-Equity

For the Steel subindustry, PTranacentral Bajatama 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.

PTranacentral Bajatama Tbk's Debt-to-Equity Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, PTranacentral Bajatama Tbk's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where PTranacentral Bajatama Tbk's Debt-to-Equity falls into.

PTranacentral Bajatama Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PTranacentral Bajatama 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
	=	(57408.827	+	37.757)	/	111011.126
	=	0.52

PTranacentral Bajatama 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
	=	(80293.01	+	15.227)	/	93526.337
	=	0.86

PTranacentral Bajatama Tbk (ISX:BAJA) 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.

PTranacentral Bajatama Tbk Debt-to-Equity Related Terms

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PTranacentral Bajatama Tbk (ISX:BAJA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » PT Saranacentral Bajatama Tbk (ISX:BAJA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jl. Pangeran Jayakarta No. 55, Gedung BAJA, Tower B Lantai 6, Unit B 06-01, Jakarta Pusat, IDN, 10730

Website

https://www.saranacentral.com

PT Saranacentral Bajatama Tbk is an Indonesia-based company involved in the manufacture and sale of steel products in Indonesia. The company manufactures three types of coated steel products, namely, galvanized steel, "Saranalume" aluminum zinc-coated Steel, and "Sarancolor" painted zinc-coated steel. The company's products are used in various applications, including building, electrical machinery, and motor vehicles. The company has four reportable segments including galvanized, saranalume, coloring, and non-production. The company derives the majority of its revenue from the Saranalume segment.

PTranacentral Bajatama Tbk (ISX:BAJA) Headlines

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