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PT Pelita Teknologi Global Tbk (ISX:CHIP) Liabilities-to-Assets : 0.42 (As of Jun. 2024)


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What is PT Pelita Teknologi Global 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 Pelita Teknologi Global Tbk's Total Liabilities for the quarter that ended in Jun. 2024 was Rp46,120 Mil. PT Pelita Teknologi Global Tbk's Total Assets for the quarter that ended in Jun. 2024 was Rp108,666 Mil. Therefore, PT Pelita Teknologi Global Tbk's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 was 0.42.


PT Pelita Teknologi Global Tbk Liabilities-to-Assets Historical Data

The historical data trend for PT Pelita Teknologi Global 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 Pelita Teknologi Global Tbk Liabilities-to-Assets Chart

PT Pelita Teknologi Global Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
1.96 0.81 0.70 0.48

PT Pelita Teknologi Global Tbk Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Liabilities-to-Assets Get a 7-Day Free Trial - 0.70 0.46 0.48 0.42

Competitive Comparison of PT Pelita Teknologi Global Tbk's Liabilities-to-Assets

For the Telecom Services subindustry, PT Pelita Teknologi Global 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 Pelita Teknologi Global Tbk's Liabilities-to-Assets Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, PT Pelita Teknologi Global Tbk's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where PT Pelita Teknologi Global Tbk's Liabilities-to-Assets falls into.



PT Pelita Teknologi Global 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 Pelita Teknologi Global 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
=54165.745/113911.853
=0.48

PT Pelita Teknologi Global Tbk's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2024 is calculated as

Liabilities-to-Assets (Q: Jun. 2024 )=Total Liabilities/Total Assets
=46120.388/108665.753
=0.42

* 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 Pelita Teknologi Global Tbk  (ISX:CHIP) 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 Pelita Teknologi Global Tbk Liabilities-to-Assets Related Terms

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PT Pelita Teknologi Global Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jl. Gatot Subroto KM 5, No. 66 Kroncong, Jatiuwung, Banten, Tangerang, IDN, 15134
PT Pelita Teknologi Global Tbk is engaged in consulting, IT design, and the smart card industry, where the company manufactures and programs SIM Card Operating Systems, Produces Scratch cards for prepaid reloads, etc. The company consists of two business activities:- Connectivity Solution- which offers products such as SIM (Subscriber Identity Module) Card. IT Business Line and Application which offers programming services, such as Solutions covering end-to-end applications which includes software program development, program customization, etc. It has four operating segments Operating System & SIM card, Scratch Card, Fulfillment, and Application in which it generates key revenue from Operating Systems & SIM cards.

PT Pelita Teknologi Global Tbk Headlines

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