PT Sekar Laut Tbk (ISX:SKLT) Debt-to-Equity : 0.28 (As of Mar. 2024)

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What is PT Sekar Laut Tbk Debt-to-Equity?

PT Sekar Laut Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp169,055 Mil. PT Sekar Laut Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp9,940 Mil. PT Sekar Laut Tbk's Total Stockholders Equity for the quarter that ended in Mar. 2024 was Rp638,380 Mil. PT Sekar Laut Tbk's debt to equity for the quarter that ended in Mar. 2024 was 0.28.

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

ISX:SKLT' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22 Med: 0.29 Max: 0.58
Current: 0.28

During the past 7 years, the highest Debt-to-Equity Ratio of PT Sekar Laut Tbk was 0.58. The lowest was 0.22. And the median was 0.29.

ISX:SKLT's Debt-to-Equity is ranked better than
60.32% of 1648 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs ISX:SKLT: 0.28

PT Sekar Laut Tbk Debt-to-Equity Historical Data

The historical data trend for PT Sekar Laut 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 Sekar Laut Tbk Debt-to-Equity Chart

PT Sekar Laut Tbk Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.51

0.40

0.22

0.25

0.30

PT Sekar Laut Tbk Quarterly Data
	Dec17	Dec18	Dec19	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial								N/A	0.26	0.23	0.30	0.28

Competitive Comparison of PT Sekar Laut Tbk's Debt-to-Equity

For the Packaged Foods subindustry, PT Sekar Laut 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 Sekar Laut Tbk's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Sekar Laut Tbk's Debt-to-Equity distribution charts can be found below:

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

PT Sekar Laut Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Sekar Laut 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
	=	(172395.135	+	9632.182)	/	615708.877
	=	0.30

PT Sekar Laut 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
	=	(169055.278	+	9939.535)	/	638379.808
	=	0.28

PT Sekar Laut Tbk (ISX:SKLT) 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 Sekar Laut Tbk Debt-to-Equity Related Terms

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

PT Sekar Laut Tbk (ISX:SKLT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Sekar Laut Tbk (ISX:SKLT) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Raya Darmo 23-25, Jawa Timur, Surabaya, IDN, 60265

Website

https://www.sekarlaut.com

PT Sekar Laut Tbk produces and develops crackers, tomato and chili sauces, and ready to use seasonings in Indonesia and internationally. It products include Crackers, Condiment, Cooking Spices, Melinjo. and Sauce products under the Finna brand name. In addition, it is involved in the trading of consumer goods, shrimp feed, and others; and restaurant business. It has a geographical presence in Netherland, Korea, England, Oceania, China and other regions of which Netherland generates maximum revenue.

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