PT Harum Energy Tbk (FRA:44H) Equity-to-Asset: 0.25 (As of Jun. 2026) — 60% Below 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.

FRA:44H PT Harum Energy Tbk FRA:44H
82 GF Score
Price €0.04
GF Value €0.07
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is PT Harum Energy Tbk Equity-to-Asset?

PT Harum Energy Tbk FRA:44H +1.39% 82 Equity-to-Asset is 0.25 as of Jun. 2026, which is 60% below its 10-year median of 0.62. GuruFocus rates FRA:44H with a GF Score™ of 82/100 and a GF Value™ of €0.07 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,675 Metals & Mining companies, PT Harum Energy Tbk ranks worse than 84.97% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. PT Harum Energy Tbk's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €835 Mil. PT Harum Energy Tbk's Total Assets for the quarter that ended in Jun. 2026 was €3,324 Mil. Therefore, PT Harum Energy Tbk's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.25.

The historical rank and industry rank for PT Harum Energy Tbk's Equity-to-Asset or its related term are showing as below:

FRA:44H' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.25   Med: 0.62   Max: 0.74
Current: 0.25

During the past 13 years, the highest Equity to Asset Ratio of PT Harum Energy Tbk was 0.74. The lowest was 0.25. And the median was 0.62.

FRA:44H's Equity-to-Asset is ranked worse than
84.97% of 2675 companies
in the Metals & Mining industry
Industry Median: 0.8 vs FRA:44H: 0.25

PT Harum Energy Tbk  (FRA:44H) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


PT Harum Energy Tbk Equity-to-Asset Related Terms


PT Harum Energy Tbk Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for PT Harum Energy Tbk's Equity-to-Asset 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 Harum Energy Tbk Equity-to-Asset Chart

PT Harum Energy Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.57 0.54 0.35 0.27

PT Harum Energy Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Equity-to-Asset 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 0.29 0.28 0.27 0.25 0.25

PT Harum Energy Tbk Equity-to-Asset Competitor Comparison

For the Other Industrial Metals & Mining subindustry, PT Harum Energy Tbk's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Harum Energy Tbk Equity-to-Asset vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Harum Energy Tbk's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where PT Harum Energy Tbk's Equity-to-Asset falls into.


FRA:44H
82GF Score
PT Harum Energy Tbk FRA:44H
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Harum Energy Tbk Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

PT Harum Energy Tbk's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=791.097/2935.427
=0.27

PT Harum Energy Tbk's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=835.166/3324.199
=0.25

* 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 Equity-to-Asset →
What does a Equity-to-Asset of 0.25 mean?
PT Harum Energy Tbk (FRA:44H) has a Equity-to-Asset of 0.25 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on PT Harum Energy Tbk and its competitors. This is 60% below median its historical median of 0.62. Over the past decade, PT Harum Energy Tbk's Equity-to-Asset has ranged from 0.25 to 0.74. According to the industry distribution chart, PT Harum Energy Tbk ranks #2273 out of 2675 companies in the Metals & Mining industry, placing it in the top 85%.
Is PT Harum Energy Tbk's Equity-to-Asset too high?
PT Harum Energy Tbk's current Equity-to-Asset of 0.25 is 60% below median its 10-year median of 0.62. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 0.74. The Metals & Mining industry median Equity-to-Asset is 0.80. PT Harum Energy Tbk's value of 0.25 is 68.8% below this industry median. Based on the distribution chart, PT Harum Energy Tbk ranks #2273 out of 2675 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, PT Harum Energy Tbk has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PT Harum Energy Tbk's Equity-to-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, PT Harum Energy Tbk ranks #2273 out of 2675 companies for Equity-to-Asset. This places PT Harum Energy Tbk in the lower half of its industry. The industry median Equity-to-Asset is 0.80. PT Harum Energy Tbk's value of 0.25 is 68.8% below this benchmark. Historically, PT Harum Energy Tbk's own Equity-to-Asset has ranged from 0.25 to 0.74 over the past decade. While the company's 10-year median is 0.62 vs. the industry median of 0.80, PT Harum Energy 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 Equity-to-Asset for a Metals & Mining company?
The median Equity-to-Asset among Metals & Mining companies is 0.80, based on 2,675 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PT Harum Energy Tbk's current Equity-to-Asset of 0.25 is 68.8% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on PT Harum Energy Tbk and its competitors. For the Metals & Mining industry, the median Equity-to-Asset is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Harum Energy Tbk's current Equity-to-Asset is 0.25, which is 60% below median its own 10-year median of 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Harum Energy Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Harum Energy Tbk (FRA:44H) is currently considered Possible Value Trap. The stock's GF Value™ is €0.07, compared to a current price of €0.04 — trading 47.9% below its estimated fair value. The current Equity-to-Asset is 0.25, which is 60% below median its 10-year median of 0.62 and 68.8% below the Metals & Mining industry median of 0.80. PT Harum Energy Tbk's overall GF Score™ is 82/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For PT Harum Energy Tbk (FRA:44H), the current Equity-to-Asset is 0.25 as of Jun. 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 Harum Energy Tbk (FRA:44H) Overvalued in 2026?

Based on GuruFocus' analysis, PT Harum Energy Tbk stock appears to be undervalued. The current stock price of €0.04 is trading 47.9% below its estimated GF Value™ of €0.07. GuruFocus considers PT Harum Energy Tbk to be Possible Value Trap.

Key valuation signals for FRA:44H:

  • Equity-to-Asset: 0.25 (60% below median its 10-year median of 0.62)
  • GF Value™: €0.07 vs. price of €0.04 (47.9% below fair value)
  • GF Score™: 82/100 with 6 warning signs
  • Industry Position: 68.8% below the Metals & Mining median (#2273 of 2675)

No single metric tells the full story. See the FRA:44H stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Harum Energy Tbk Business Description

Other Exchanges HRUM:Indonesia
Address Jalan Imam Bonjol No. 80, Deutsche Bank Building, 9th Floor, Jakarta Pusat, Jakarta, IDN, 10310
PT Harum Energy Tbk is a holding company engaged in the coal mining and logistics business in East Kalimantan, Indonesia. The company's activity is broken down into various segments, which include Coal mining sectors; Rental and service sectors; Nickel Smelter; and Other sectors. It serves coal-fired power-generating and manufacturing companies. Geographically, the firm generates revenue from East Asia, South Asia, Southeast Asia, and Europe. The firm generates the majority of its revenue from the Nickel Smelter, which consists of the Nickel Smelter sector by IMI, WMI, and BSE.
82GF Score

Get the complete analysis for FRA:44H

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

€0.04
Price
€0.07
GF Value