GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » PT Sarana Mitra Luas TBK (ISX:SMIL) » Definitions » Debt-to-Equity

PTrana Mitra Luas TBK (ISX:SMIL) Debt-to-Equity : 0.18 (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is PTrana Mitra Luas TBK Debt-to-Equity?

PTrana Mitra Luas TBK's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp86,107 Mil. PTrana Mitra Luas TBK's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp38,679 Mil. PTrana Mitra Luas TBK's Total Stockholders Equity for the quarter that ended in Mar. 2024 was Rp713,935 Mil. PTrana Mitra Luas TBK's debt to equity for the quarter that ended in Mar. 2024 was 0.17.

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 PTrana Mitra Luas TBK's Debt-to-Equity or its related term are showing as below:

ISX:SMIL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.18   Med: 0.38   Max: 0.86
Current: 0.18

During the past 5 years, the highest Debt-to-Equity Ratio of PTrana Mitra Luas TBK was 0.86. The lowest was 0.18. And the median was 0.38.

ISX:SMIL's Debt-to-Equity is ranked better than
67.13% of 928 companies
in the Business Services industry
Industry Median: 0.37 vs ISX:SMIL: 0.18

PTrana Mitra Luas TBK Debt-to-Equity Historical Data

The historical data trend for PTrana Mitra Luas 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.

PTrana Mitra Luas TBK Debt-to-Equity Chart

PTrana Mitra Luas TBK Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
0.86 0.55 0.40 0.36 0.19

PTrana Mitra Luas TBK Quarterly Data
Dec19 Dec20 Dec21 Oct22 Mar23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial 0.40 0.37 N/A 0.19 0.18

Competitive Comparison of PTrana Mitra Luas TBK's Debt-to-Equity

For the Rental & Leasing Services subindustry, PTrana Mitra Luas 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.

PTrana Mitra Luas TBK's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, PTrana Mitra Luas TBK's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where PTrana Mitra Luas TBK's Debt-to-Equity falls into.


PTrana Mitra Luas TBK Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PTrana Mitra Luas 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
=(97771.504 + 35501.05) / 687018.808
=0.19

PTrana Mitra Luas 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
=(86106.618 + 38679.151) / 713934.684
=0.17

* 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.

PTrana Mitra Luas TBK  (ISX:SMIL) 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.

PTrana Mitra Luas TBK Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of PTrana Mitra Luas TBK's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

PTrana Mitra Luas TBK (ISX:SMIL) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » PT Sarana Mitra Luas TBK (ISX:SMIL) » Definitions » Debt-to-Equity
Comparable Companies
ISX:TRJA ISX:BPTR ISX:WIDI ISX:ASSA ISX:SKRN URI LSE:AHT AER BSP:RENT3 UHAL WSC CAR XPAR:ALD TSX:EFN TSE:8439 R HKSE:02588 FTAI AL GATX
Traded in Other Exchanges
N/A
Address
Jalan Gemalapik Pasirsari, Raya No. 130 – 111, Cikarang Selatan, Jawa Barat, Bekasi, IDN, 17530
Website
https://www.sml.co.id
PT Sarana Mitra Luas TBK is a forklift rental company. PT. Sarana Mitra Luas has become one of the leading forklift rental companies in Indonesia with a total fleet of more than 3,000 units. Apart from rental, It also provides other material handling solutions such as selling and servicing forklifts. The company only has one business segment, namely forklift rental services.

PTrana Mitra Luas TBK (ISX:SMIL) Headlines

No Headlines