PT Quantum Clovera Investama Tbk (ISX:KREN) Debt-to-Equity : 1.94 (As of Sep. 2024)

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What is PT Quantum Clovera Investama Tbk Debt-to-Equity?

PT Quantum Clovera Investama Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was Rp0 Mil. PT Quantum Clovera Investama Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was Rp293,058 Mil. PT Quantum Clovera Investama Tbk's Total Stockholders Equity for the quarter that ended in Sep. 2024 was Rp151,222 Mil. PT Quantum Clovera Investama Tbk's debt to equity for the quarter that ended in Sep. 2024 was 1.94.

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 Quantum Clovera Investama Tbk's Debt-to-Equity or its related term are showing as below:

ISX:KREN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.12 Max: 2.02
Current: 1.94

During the past 13 years, the highest Debt-to-Equity Ratio of PT Quantum Clovera Investama Tbk was 2.02. The lowest was 0.00. And the median was 0.12.

ISX:KREN's Debt-to-Equity is ranked worse than
94.97% of 975 companies
in the Asset Management industry
Industry Median: 0.19 vs ISX:KREN: 1.94

PT Quantum Clovera Investama Tbk Debt-to-Equity Historical Data

The historical data trend for PT Quantum Clovera Investama 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 Quantum Clovera Investama Tbk Debt-to-Equity Chart

PT Quantum Clovera Investama Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.08

0.18

0.27

0.36

1.56

PT Quantum Clovera Investama 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															1.03	1.56	1.60	2.02	1.94

Competitive Comparison of PT Quantum Clovera Investama Tbk's Debt-to-Equity

For the Asset Management subindustry, PT Quantum Clovera Investama 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 Quantum Clovera Investama Tbk's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, PT Quantum Clovera Investama Tbk's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where PT Quantum Clovera Investama Tbk's Debt-to-Equity falls into.

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PT Quantum Clovera Investama Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Quantum Clovera Investama 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
	=	(0	+	277511.502)	/	177565.647
	=	1.56

PT Quantum Clovera Investama 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
	=	(0	+	293057.636)	/	151221.893
	=	1.94

PT Quantum Clovera Investama Tbk (ISX:KREN) 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 Quantum Clovera Investama Tbk Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of PT Quantum Clovera Investama Tbk's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Quantum Clovera Investama Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » PT Quantum Clovera Investama Tbk (ISX:KREN) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

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Address

Jalan Jendral Sudirman Kavling 52 - 53, Tower B, 9th Floor, 18 Parc Place, Sudirman Central Business District, Jakarta, IDN, 12190

Website

http://www.kresnainvestments.com

PT Quantum Clovera Investama Tbk is an Indonesia-based integrated financial services and digital technology company. The company provides a wide range of financial services, including equities and fixed-income trading, investment banking and underwriting, and investment management. The company operates via branch offices across Indonesia. The company is involved in e-commerce infrastructure and enabler businesses as well, such as e-wallet and satellite-based technology. Its segment comprises Financial and investment and Technology and Digital.

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