GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » PT Pertamina Geothermal Energy Tbk (FRA:NJ9) » Definitions » Equity-to-Asset

PT Pertamina Geothermal Energy Tbk (FRA:NJ9) Equity-to-Asset : 0.68 (As of Mar. 2024)


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

What is PT Pertamina Geothermal Energy Tbk Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. PT Pertamina Geothermal Energy Tbk's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €1,863.3 Mil. PT Pertamina Geothermal Energy Tbk's Total Assets for the quarter that ended in Mar. 2024 was €2,750.7 Mil. Therefore, PT Pertamina Geothermal Energy Tbk's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.68.

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

FRA:NJ9' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37   Med: 0.54   Max: 0.68
Current: 0.68

During the past 5 years, the highest Equity to Asset Ratio of PT Pertamina Geothermal Energy Tbk was 0.68. The lowest was 0.37. And the median was 0.54.

FRA:NJ9's Equity-to-Asset is ranked better than
81.76% of 444 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.41 vs FRA:NJ9: 0.68

PT Pertamina Geothermal Energy Tbk Equity-to-Asset Historical Data

The historical data trend for PT Pertamina Geothermal 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.

* Premium members only.

PT Pertamina Geothermal Energy Tbk Equity-to-Asset Chart

PT Pertamina Geothermal Energy Tbk Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
0.37 0.40 0.51 0.51 0.67

PT Pertamina Geothermal Energy Tbk Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.66 0.66 0.67 0.67 0.68

Competitive Comparison of PT Pertamina Geothermal Energy Tbk's Equity-to-Asset

For the Utilities - Renewable subindustry, PT Pertamina Geothermal 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 Pertamina Geothermal Energy Tbk's Equity-to-Asset Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, PT Pertamina Geothermal Energy Tbk's Equity-to-Asset distribution charts can be found below:

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



PT Pertamina Geothermal 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 Pertamina Geothermal Energy Tbk's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1807.847/2718.117
=0.67

PT Pertamina Geothermal Energy Tbk's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )=Total Stockholders Equity/Total Assets
=1863.31/2750.721
=0.68

* 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 Pertamina Geothermal Energy Tbk  (FRA:NJ9) 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 Pertamina Geothermal Energy Tbk Equity-to-Asset Related Terms

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


PT Pertamina Geothermal Energy Tbk (FRA:NJ9) Business Description

Traded in Other Exchanges
Address
Jalan Medan Merdeka Timur No. 11-13, Grha Pertamina – Tower Pertamax, 7th Floor, Gambir, Jakarta Pusat, Jakarta, IDN, 10110
PT Pertamina Geothermal Energy Tbk is engaged in geothermal activities, including in the upstream and or downstream sectors, in Indonesia and abroad, and other related or supporting business activities in the field of geothermal energy.

PT Pertamina Geothermal Energy Tbk (FRA:NJ9) Headlines

No Headlines