PT Indoritel Makmur Internasional Tbk (ISX:DNET) Debt-to-Equity: 0.45 (As of Mar. 2026) — Near Median


ISX:DNET PT Indoritel Makmur Internasional Tbk ISX:DNET
74 GF Score
Price Rp9,800.00
GF Value Rp10,000.47
Valuation Fairly Valued
! 5 Warning Signs
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What is PT Indoritel Makmur Internasional Tbk Debt-to-Equity?

PT Indoritel Makmur Internasional Tbk ISX:DNET -5.77% 74 Debt-to-Equity is 0.45 as of Mar. 2026, which is 6% below its 10-year median of 0.48. GuruFocus rates ISX:DNET with a GF Score™ of 74/100 and a GF Value™ of Rp10,000.47 (Fairly Valued). The stock has 5 warning signs investors should review. Among 324 Telecommunication Services companies, PT Indoritel Makmur Internasional Tbk ranks better than 60.8% on this metric.

PT Indoritel Makmur Internasional Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was Rp985,932 Mil. PT Indoritel Makmur Internasional Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was Rp5,938,545 Mil. PT Indoritel Makmur Internasional Tbk's Total Stockholders Equity for the quarter that ended in Mar. 2026 was Rp15,440,382 Mil. PT Indoritel Makmur Internasional Tbk's debt to equity for the quarter that ended in Mar. 2026 was 0.45.

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 Indoritel Makmur Internasional Tbk's Debt-to-Equity or its related term are showing as below:

ISX:DNET' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.48   Max: 0.69
Current: 0.45

During the past 13 years, the highest Debt-to-Equity Ratio of PT Indoritel Makmur Internasional Tbk was 0.69. The lowest was 0.01. And the median was 0.48.

ISX:DNET's Debt-to-Equity is ranked better than
60.8% of 324 companies
in the Telecommunication Services industry
Industry Median: 0.62 vs ISX:DNET: 0.45

PT Indoritel Makmur Internasional Tbk  (ISX:DNET) 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 Indoritel Makmur Internasional Tbk Debt-to-Equity Related Terms


PT Indoritel Makmur Internasional Tbk Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for PT Indoritel Makmur Internasional 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.

PT Indoritel Makmur Internasional Tbk Debt-to-Equity Chart

PT Indoritel Makmur Internasional Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.50 0.50 0.46 0.47

PT Indoritel Makmur Internasional Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.44 0.44 0.44 0.47 0.45

ISX:DNET vs TMUS, VZ, T: Debt-to-Equity Comparison

For the Telecom Services subindustry, PT Indoritel Makmur Internasional 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 Indoritel Makmur Internasional Tbk Debt-to-Equity vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, PT Indoritel Makmur Internasional Tbk's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where PT Indoritel Makmur Internasional Tbk's Debt-to-Equity falls into.


ISX:DNET
74GF Score
PT Indoritel Makmur Internasional Tbk ISX:DNET
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Indoritel Makmur Internasional Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Indoritel Makmur Internasional Tbk's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

PT Indoritel Makmur Internasional Tbk's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.45 mean?
PT Indoritel Makmur Internasional Tbk (ISX:DNET) has a Debt-to-Equity of 0.45 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on PT Indoritel Makmur Internasional Tbk and its competitors. This is near median its historical median of 0.48. Over the past decade, PT Indoritel Makmur Internasional Tbk's Debt-to-Equity has ranged from 0.01 to 0.69. According to the industry distribution chart, PT Indoritel Makmur Internasional Tbk ranks #127 out of 324 companies in the Telecommunication Services industry, placing it in the top 39.2%.
Is PT Indoritel Makmur Internasional Tbk's Debt-to-Equity too high?
PT Indoritel Makmur Internasional Tbk's current Debt-to-Equity of 0.45 is near median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.69. The Telecommunication Services industry median Debt-to-Equity is 0.62. PT Indoritel Makmur Internasional Tbk's value of 0.45 is 27.4% below this industry median. Based on the distribution chart, PT Indoritel Makmur Internasional Tbk ranks #127 out of 324 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, PT Indoritel Makmur Internasional Tbk has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PT Indoritel Makmur Internasional Tbk's Debt-to-Equity compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, PT Indoritel Makmur Internasional Tbk ranks #127 out of 324 companies for Debt-to-Equity. This puts PT Indoritel Makmur Internasional Tbk in the upper half of its industry. The industry median Debt-to-Equity is 0.62. PT Indoritel Makmur Internasional Tbk's value of 0.45 is 27.4% below this benchmark. Historically, PT Indoritel Makmur Internasional Tbk's own Debt-to-Equity has ranged from 0.01 to 0.69 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 0.62, PT Indoritel Makmur Internasional Tbk has consistently been below 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 Telecommunication Services company?
The median Debt-to-Equity among Telecommunication Services companies is 0.62, based on 324 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 Indoritel Makmur Internasional Tbk's current Debt-to-Equity of 0.45 is 27.4% below 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 Indoritel Makmur Internasional Tbk and its competitors. For the Telecommunication Services industry, the median Debt-to-Equity is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Indoritel Makmur Internasional Tbk's current Debt-to-Equity is 0.45, which is near median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Indoritel Makmur Internasional Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Indoritel Makmur Internasional Tbk (ISX:DNET) is currently considered Fairly Valued. The stock's GF Value™ is Rp10,000.47, compared to a current price of Rp9,800.00 — trading 2% below its estimated fair value. The current Debt-to-Equity is 0.45, which is near median its 10-year median of 0.48 and 27.4% below the Telecommunication Services industry median of 0.62. PT Indoritel Makmur Internasional Tbk's overall GF Score™ is 74/100 with 5 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 Indoritel Makmur Internasional Tbk (ISX:DNET), the current Debt-to-Equity is 0.45 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 Indoritel Makmur Internasional Tbk (ISX:DNET) Overvalued in 2026?

Based on GuruFocus' analysis, PT Indoritel Makmur Internasional Tbk stock appears to be undervalued. The current stock price of Rp9,800.00 is trading 2% below its estimated GF Value™ of Rp10,000.47. GuruFocus considers PT Indoritel Makmur Internasional Tbk to be Fairly Valued.

Key valuation signals for ISX:DNET:

  • Debt-to-Equity: 0.45 (near median its 10-year median of 0.48)
  • GF Value™: Rp10,000.47 vs. price of Rp9,800.00 (2% below fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 27.4% below the Telecommunication Services median (#127 of 324)

No single metric tells the full story. See the ISX:DNET stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Indoritel Makmur Internasional Tbk Business Description

Address Jalan Jenderal Sudirman Kav. 70-71, Gedung Wisma Indocement Lantai 10, South Jakarta, Jakarta, IDN, 12910
PT Indoritel Makmur Internasional Tbk is an investment holding company. The company, through its subsidiaries, is engaged in providing infrastructure through fiber optic media and serving telecommunication services ranging from data communication to interactive video, managing SDWAN services, and a variety of other Internet of Things (IoT) derivatives. Its segments are the Corporate segment, the Retail segment, and Others. It generates the majority of revenue from the Corporate segment. The Corporate Business Segment provides fiber-optic-based telecommunications data connection service products for business customers, such as Last Mile Solution, Fiberization, IP Transit, IEPL, MPLS, and DWDM, to other telecommunications operators and international customers.
74GF Score

Get the complete analysis for ISX:DNET

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

Rp9,800.00
Price
Rp10,000.47
GF Value