NIPAF (PT Nippon Indosariindo Tbk) Debt-to-Equity: 0.31 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NIPAF PT Nippon Indosari Corpindo Tbk NIPAF
73 GF Score
Price $0.03
GF Value $0.04
! 2 Warning Signs
View Full Analysis

What is PT Nippon Indosariindo Tbk Debt-to-Equity?

PT Nippon Indosariindo Tbk NIPAF 73 Debt-to-Equity is 0.31 as of Mar. 2026, which is 7% above its 10-year median of 0.29. GuruFocus rates NIPAF with a GF Score™ of 73/100 and a GF Value™ of $0.04. The stock has 2 warning signs investors should review. Among 1,744 Consumer Packaged Goods companies, PT Nippon Indosariindo Tbk ranks better than 58.08% on this metric.

PT Nippon Indosariindo Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $10.7 Mil. PT Nippon Indosariindo Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $26.5 Mil. PT Nippon Indosariindo Tbk's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $120.7 Mil. PT Nippon Indosariindo Tbk's debt to equity for the quarter that ended in Mar. 2026 was 0.31.

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

NIPAF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16   Med: 0.29   Max: 0.79
Current: 0.31

During the past 13 years, the highest Debt-to-Equity Ratio of PT Nippon Indosariindo Tbk was 0.79. The lowest was 0.16. And the median was 0.29.

NIPAF's Debt-to-Equity is ranked better than
58.08% of 1744 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs NIPAF: 0.31

PT Nippon Indosariindo Tbk  (OTCPK:NIPAF) 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 Nippon Indosariindo Tbk Debt-to-Equity Related Terms


PT Nippon Indosariindo Tbk Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for PT Nippon Indosariindo 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.

PT Nippon Indosariindo Tbk Debt-to-Equity Chart

PT Nippon Indosariindo Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.20 0.27 0.27 0.31

PT Nippon Indosariindo Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.27 0.54 0.47 0.31 0.31

NIPAF vs KHC, GIS: Debt-to-Equity Comparison

For the Packaged Foods subindustry, PT Nippon Indosariindo 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 Nippon Indosariindo Tbk Debt-to-Equity vs Consumer Packaged Goods Industry

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

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


NIPAF
73GF Score
PT Nippon Indosari Corpindo Tbk NIPAF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Nippon Indosariindo Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Nippon Indosariindo Tbk's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

PT Nippon Indosariindo Tbk's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.31 mean?
PT Nippon Indosariindo Tbk (NIPAF) has a Debt-to-Equity of 0.31 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on PT Nippon Indosariindo Tbk and its competitors. This is near median its historical median of 0.29. Over the past decade, PT Nippon Indosariindo Tbk's Debt-to-Equity has ranged from 0.16 to 0.79. According to the industry distribution chart, PT Nippon Indosariindo Tbk ranks #731 out of 1744 companies in the Consumer Packaged Goods industry, placing it in the top 41.9%.
Is PT Nippon Indosariindo Tbk's Debt-to-Equity too high?
PT Nippon Indosariindo Tbk's current Debt-to-Equity of 0.31 is near median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.79. The Consumer Packaged Goods industry median Debt-to-Equity is 0.41. PT Nippon Indosariindo Tbk's value of 0.31 is 24.4% below this industry median. Based on the distribution chart, PT Nippon Indosariindo Tbk ranks #731 out of 1744 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, PT Nippon Indosariindo Tbk has a GF Score™ of 73/100, reflecting its overall financial health beyond just this single metric.
How does PT Nippon Indosariindo Tbk's Debt-to-Equity compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, PT Nippon Indosariindo Tbk ranks #731 out of 1744 companies for Debt-to-Equity. This puts PT Nippon Indosariindo Tbk in the upper half of its industry. The industry median Debt-to-Equity is 0.41. PT Nippon Indosariindo Tbk's value of 0.31 is 24.4% below this benchmark. Historically, PT Nippon Indosariindo Tbk's own Debt-to-Equity has ranged from 0.16 to 0.79 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 0.41, PT Nippon Indosariindo Tbk has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Consumer Packaged Goods company?
The median Debt-to-Equity among Consumer Packaged Goods companies is 0.41, based on 1,744 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Nippon Indosariindo Tbk's current Debt-to-Equity of 0.31 is 24.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on PT Nippon Indosariindo Tbk and its competitors. For the Consumer Packaged Goods industry, the median Debt-to-Equity is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Nippon Indosariindo Tbk's current Debt-to-Equity is 0.31, which is near median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Nippon Indosariindo Tbk stock overvalued right now?
PT Nippon Indosariindo Tbk (NIPAF) has a current Debt-to-Equity of 0.31. The stock's GF Value™ is $0.04, compared to a current price of $0.03 — trading 31.3% below its estimated fair value. The current Debt-to-Equity is 0.31, which is near median its 10-year median of 0.29 and 24.4% below the Consumer Packaged Goods industry median of 0.41. PT Nippon Indosariindo Tbk's overall GF Score™ is 73/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For PT Nippon Indosariindo Tbk (NIPAF), the current Debt-to-Equity is 0.31 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PT Nippon Indosariindo Tbk (NIPAF) Overvalued in 2026?

Based on GuruFocus' analysis, PT Nippon Indosariindo Tbk stock appears to be undervalued. The current stock price of $0.03 is trading 31.3% below its estimated GF Value™ of $0.04.

Key valuation signals for NIPAF:

  • Debt-to-Equity: 0.31 (near median its 10-year median of 0.29)
  • GF Value™: $0.04 vs. price of $0.03 (31.3% below fair value)
  • GF Score™: 73/100 with 2 warning signs
  • Industry Position: 24.4% below the Consumer Packaged Goods median (#731 of 1744)

No single metric tells the full story. See the NIPAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Nippon Indosariindo Tbk Business Description

Other Exchanges ROTI:Indonesia
Address Jl. Selayar Blok A9, Kawasan Industri MM2100, Cikarang Barat, Bekasi, Jawa Barat, Bekasi, IDN, 17530
PT Nippon Indosari Corpindo Tbk is engaged in bakery and cake industry, processing of other dairy products, processing of fruit and vegetable juice, soft drink, wholesale of bakery products, wholesale of non-alcoholic non-dairy beverages, wholesale of milk and dairy products, food from chocolate and confectionery of chocolate. Its products include White Bread, Sweet Bread, Cakes, and Others. The company has three operating segments, comprising of West area, Central area and East area. The majority of the revenue is derived from the Central area.
73GF Score

Get the complete analysis for NIPAF

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.03
Price
$0.04
GF Value