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PT Garuda Indonesia (Persero) Tbk (ISX:GIAA) Debt-to-Equity : -2.89 (As of Dec. 2024)


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What is PT Garuda Indonesia (Persero) Tbk Debt-to-Equity?

PT Garuda Indonesia (Persero) Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was Rp4,992,736 Mil. PT Garuda Indonesia (Persero) Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was Rp56,249,302 Mil. PT Garuda Indonesia (Persero) Tbk's Total Stockholders Equity for the quarter that ended in Dec. 2024 was Rp-21,158,876 Mil. PT Garuda Indonesia (Persero) Tbk's debt to equity for the quarter that ended in Dec. 2024 was -2.89.

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 Garuda Indonesia (Persero) Tbk's Debt-to-Equity or its related term are showing as below:

ISX:GIAA' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.05   Med: 0.09   Max: 3.53
Current: -2.89

During the past 13 years, the highest Debt-to-Equity Ratio of PT Garuda Indonesia (Persero) Tbk was 3.53. The lowest was -4.05. And the median was 0.09.

ISX:GIAA's Debt-to-Equity is not ranked
in the Transportation industry.
Industry Median: 0.51 vs ISX:GIAA: -2.89

PT Garuda Indonesia (Persero) Tbk Debt-to-Equity Historical Data

The historical data trend for PT Garuda Indonesia (Persero) 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 Garuda Indonesia (Persero) Tbk Debt-to-Equity Chart

PT Garuda Indonesia (Persero) Tbk Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.05 -1.27 -2.67 -3.15 -2.89

PT Garuda Indonesia (Persero) Tbk Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -3.15 -2.89 -2.83 -2.79 -2.89

Competitive Comparison of PT Garuda Indonesia (Persero) Tbk's Debt-to-Equity

For the Airlines subindustry, PT Garuda Indonesia (Persero) 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 Garuda Indonesia (Persero) Tbk's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, PT Garuda Indonesia (Persero) Tbk's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where PT Garuda Indonesia (Persero) Tbk's Debt-to-Equity falls into.


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PT Garuda Indonesia (Persero) Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Garuda Indonesia (Persero) Tbk's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
=(4992735.775 + 56249302.442) / -21158876.466
=-2.89

PT Garuda Indonesia (Persero) Tbk's Debt to Equity Ratio for the quarter that ended in Dec. 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
=(4992735.775 + 56249302.442) / -21158876.466
=-2.89

* 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 Garuda Indonesia (Persero) Tbk  (ISX:GIAA) 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 Garuda Indonesia (Persero) Tbk Debt-to-Equity Related Terms

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PT Garuda Indonesia (Persero) Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Kebon Sirih No. 46A, Jakarta, IDN, 10110
PT Garuda Indonesia (Persero) Tbk provides airline services in Indonesia and internationally. It operates through Flight Operations, Aircraft Maintenance, and Others segments. It provides scheduled and non-scheduled airline services for domestic and international markets; and aircraft repair, maintenance, and overhaul services. The company also offers computerized reservation system (CRS); training facilities for the employees of travel agencies; technical assistance in the CRS for travel agents, as well as rents computer equipment for travel agents.

PT Garuda Indonesia (Persero) Tbk Headlines

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