PT Widodo Makmur Perkasa Tbk (ISX:WMPP) Debt-to-Equity : 1.93 (As of Sep. 2023)

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What is PT Widodo Makmur Perkasa Tbk Debt-to-Equity?

PT Widodo Makmur Perkasa Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was Rp1,968,627 Mil. PT Widodo Makmur Perkasa Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was Rp996,027 Mil. PT Widodo Makmur Perkasa Tbk's Total Stockholders Equity for the quarter that ended in Sep. 2023 was Rp1,535,120 Mil. PT Widodo Makmur Perkasa Tbk's debt to equity for the quarter that ended in Sep. 2023 was 1.93.

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 Widodo Makmur Perkasa Tbk's Debt-to-Equity or its related term are showing as below:

ISX:WMPP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.76 Med: 1.19 Max: 1.93
Current: 1.93

During the past 5 years, the highest Debt-to-Equity Ratio of PT Widodo Makmur Perkasa Tbk was 1.93. The lowest was 0.76. And the median was 1.19.

ISX:WMPP's Debt-to-Equity is ranked worse than
87.71% of 472 companies
in the Conglomerates industry
Industry Median: 0.56 vs ISX:WMPP: 1.93

PT Widodo Makmur Perkasa Tbk Debt-to-Equity Historical Data

The historical data trend for PT Widodo Makmur Perkasa 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 Widodo Makmur Perkasa Tbk Debt-to-Equity Chart

PT Widodo Makmur Perkasa Tbk Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

1.02

1.36

1.84

0.79

1.61

PT Widodo Makmur Perkasa Tbk Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial										0.95	1.61	1.79	1.78	1.93

Competitive Comparison of PT Widodo Makmur Perkasa Tbk's Debt-to-Equity

For the Conglomerates subindustry, PT Widodo Makmur Perkasa 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 Widodo Makmur Perkasa Tbk's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, PT Widodo Makmur Perkasa Tbk's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where PT Widodo Makmur Perkasa Tbk's Debt-to-Equity falls into.

PT Widodo Makmur Perkasa Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Widodo Makmur Perkasa Tbk's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(2338968.144	+	549866.469)	/	1798632.074
	=	1.61

PT Widodo Makmur Perkasa Tbk's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(1968627.281	+	996026.996)	/	1535120.269
	=	1.93

PT Widodo Makmur Perkasa Tbk (ISX:WMPP) 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 Widodo Makmur Perkasa Tbk Debt-to-Equity Related Terms

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PT Widodo Makmur Perkasa Tbk (ISX:WMPP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » PT Widodo Makmur Perkasa Tbk (ISX:WMPP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jl. Raya Cilangkap, No. 58 Cilangkap, Cipayung East, East Jakarta, IDN, 13870

Website

https://www.widodomakmurperkasa.co.id

PT Widodo Makmur Perkasa Tbk is a company engaged in the consumer goods and agricultural commodities sector. It has five integrated business lines, namely Integrated Cattle Farm, Meat Processing, Integrated Poultry Farm, Agriculture Commodities, and Construction and Renewable Energy.

PT Widodo Makmur Perkasa Tbk (ISX:WMPP) Headlines

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