PT Harum Energy Tbk (ISX:HRUM) Debt-to-Equity : 0.27 (As of Sep. 2024)

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What is PT Harum Energy Tbk Debt-to-Equity?

PT Harum Energy Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was Rp4,856 Mil. PT Harum Energy Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was Rp5,711,117 Mil. PT Harum Energy Tbk's Total Stockholders Equity for the quarter that ended in Sep. 2024 was Rp21,068,128 Mil. PT Harum Energy Tbk's debt to equity for the quarter that ended in Sep. 2024 was 0.27.

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

ISX:HRUM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.13 Max: 0.88
Current: 0.27

During the past 13 years, the highest Debt-to-Equity Ratio of PT Harum Energy Tbk was 0.88. The lowest was 0.00. And the median was 0.13.

ISX:HRUM's Debt-to-Equity is ranked worse than
56.15% of 130 companies
in the Other Energy Sources industry
Industry Median: 0.22 vs ISX:HRUM: 0.27

PT Harum Energy Tbk Debt-to-Equity Historical Data

The historical data trend for PT Harum Energy 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.

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PT Harum Energy Tbk Debt-to-Equity Chart

PT Harum Energy Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.01

0.21

0.24

PT Harum Energy Tbk Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.08	0.24	0.88	0.88	0.27

Competitive Comparison of PT Harum Energy Tbk's Debt-to-Equity

For the Thermal Coal subindustry, PT Harum Energy 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 Harum Energy Tbk's Debt-to-Equity Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, PT Harum Energy Tbk's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where PT Harum Energy Tbk's Debt-to-Equity falls into.

PT Harum Energy Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Harum Energy 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
	=	(1103600.097	+	2106687.92)	/	13655578.971
	=	0.24

PT Harum Energy Tbk's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(4856.038	+	5711116.627)	/	21068127.897
	=	0.27

PT Harum Energy Tbk (ISX:HRUM) 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 Harum Energy Tbk Debt-to-Equity Related Terms

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PT Harum Energy Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » PT Harum Energy Tbk (ISX:HRUM) » Definitions » Debt-to-Equity

Traded in Other Exchanges

44H:Germany

Address

Jalan Imam Bonjol No. 80, Deutsche Bank Building, 9th Floor, Jakarta Pusat, Jakarta, IDN, 10310

Website

https://www.harumenergy.com

PT Harum Energy Tbk is a holding company engaged in coal mining and logistics business in East Kalimantan, Indonesia. The company's activity is breakdown into various segments which include Coal mining sectors; Rental and service sectors and Other sectors. It serves coal-fired power generating and manufacturing companies. The business of the group is amplifying to the geographical region of South Korea, Taiwan, Malaysia, China, India, Japan, and others of which South Korea accounts for a larger share of the revenue.