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PT Asahimas Flat Glass Tbk (ISX:AMFG) Liabilities-to-Assets : 0.37 (As of Sep. 2024)


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What is PT Asahimas Flat Glass Tbk Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. PT Asahimas Flat Glass Tbk's Total Liabilities for the quarter that ended in Sep. 2024 was Rp2,593,860 Mil. PT Asahimas Flat Glass Tbk's Total Assets for the quarter that ended in Sep. 2024 was Rp7,026,385 Mil. Therefore, PT Asahimas Flat Glass Tbk's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.37.


PT Asahimas Flat Glass Tbk Liabilities-to-Assets Historical Data

The historical data trend for PT Asahimas Flat Glass Tbk's Liabilities-to-Assets 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.

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PT Asahimas Flat Glass Tbk Liabilities-to-Assets Chart

PT Asahimas Flat Glass Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.63 0.56 0.50 0.44

PT Asahimas Flat Glass Tbk Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Liabilities-to-Assets 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 0.45 0.44 0.40 0.38 0.37

Competitive Comparison of PT Asahimas Flat Glass Tbk's Liabilities-to-Assets

For the Building Materials subindustry, PT Asahimas Flat Glass Tbk's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Asahimas Flat Glass Tbk's Liabilities-to-Assets Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, PT Asahimas Flat Glass Tbk's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where PT Asahimas Flat Glass Tbk's Liabilities-to-Assets falls into.



PT Asahimas Flat Glass Tbk Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

PT Asahimas Flat Glass Tbk's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=3259927/7500664
=0.43

PT Asahimas Flat Glass Tbk's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 is calculated as

Liabilities-to-Assets (Q: Sep. 2024 )=Total Liabilities/Total Assets
=2593860/7026385
=0.37

* 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 Asahimas Flat Glass Tbk  (ISX:AMFG) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


PT Asahimas Flat Glass Tbk Liabilities-to-Assets Related Terms

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PT Asahimas Flat Glass Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan Ancol IX/5, Ancol Barat, North Jakarta, IDN, 14430
PT Asahimas Flat Glass Tbk is a glass manufacturing company operating in two segments namely flat glass and automotive glass. Its portfolio of the company consists of various glasses such as tinted glass, figured glass, reflective glass, mirror glass, tempered glass, and laminated glass. Its business activity of the organization functions in the geographical areas of Indonesia which include Jakarta, Cikampek, and Sidoarjo. It generates revenue through the sale of glass products.

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