PT Steadyfe Tbk (ISX:SAFE) Equity-to-Asset : -0.12 (As of Mar. 2024)

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What is PT Steadyfe Tbk Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. PT Steadyfe Tbk's Total Stockholders Equity for the quarter that ended in Mar. 2024 was Rp-27,850 Mil. PT Steadyfe Tbk's Total Assets for the quarter that ended in Mar. 2024 was Rp232,169 Mil. Therefore, PT Steadyfe Tbk's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was -0.12.

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

ISX:SAFE' s Equity-to-Asset Range Over the Past 10 Years
Min: -8.42 Med: -0.22 Max: -0.12
Current: -0.12

During the past 13 years, the highest Equity to Asset Ratio of PT Steadyfe Tbk was -0.12. The lowest was -8.42. And the median was -0.22.

ISX:SAFE's Equity-to-Asset is ranked worse than
96.61% of 974 companies
in the Transportation industry
Industry Median: 0.49 vs ISX:SAFE: -0.12

PT Steadyfe Tbk Equity-to-Asset Historical Data

The historical data trend for PT Steadyfe 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 Steadyfe Tbk Equity-to-Asset Chart

PT Steadyfe Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

Get a 7-Day Free Trial

-0.14

-0.21

-0.23

-0.21

-0.16

PT Steadyfe Tbk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial															-0.19	-0.19	-0.18	-0.16	-0.12

Competitive Comparison of PT Steadyfe Tbk's Equity-to-Asset

For the Railroads subindustry, PT Steadyfe 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 Steadyfe Tbk's Equity-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, PT Steadyfe Tbk's Equity-to-Asset distribution charts can be found below:

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

PT Steadyfe 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 Steadyfe 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
	=	-37768.867	/	237297.11
	=	-0.16

PT Steadyfe 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
	=	-27849.716	/	232168.626
	=	-0.12

PT Steadyfe Tbk (ISX:SAFE) 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 Steadyfe Tbk Equity-to-Asset Related Terms

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PT Steadyfe Tbk (ISX:SAFE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » PT Steady Safe Tbk (ISX:SAFE) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Prof. DR. Satrio No.7, 15th Floor Satrio Tower RT.7/RW.2, Kuningan, Kecamatan Setiabudi Kota Jakarta Selatan, Daerah Khusus Ibukota, Jakarta, IDN, 12950

Website

http://www.steadysafe.co.id

PT Steady Safe Tbk is a public transportation company. Its business activities are in the field of transportation services, especially to be busway operator in Jakarta. The company and subsidiaries classify their business activities in two main business segments namely Land Transportation and Financial Services segment. The firm's revenue is dominated by the Land Transportation segment.