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PTrana Mitra Luas TBK (ISX:SMIL) Liabilities-to-Assets : 0.15 (As of Sep. 2024)


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What is PTrana Mitra Luas 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. PTrana Mitra Luas TBK's Total Liabilities for the quarter that ended in Sep. 2024 was Rp131,833 Mil. PTrana Mitra Luas TBK's Total Assets for the quarter that ended in Sep. 2024 was Rp858,301 Mil. Therefore, PTrana Mitra Luas TBK's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.15.


PTrana Mitra Luas TBK Liabilities-to-Assets Historical Data

The historical data trend for PTrana Mitra Luas 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.

* Premium members only.

PTrana Mitra Luas TBK Liabilities-to-Assets Chart

PTrana Mitra Luas TBK Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
0.50 0.37 0.33 0.29 0.22

PTrana Mitra Luas TBK Quarterly Data
Dec19 Dec20 Dec21 Oct22 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 - 0.22 0.19 0.18 0.15

Competitive Comparison of PTrana Mitra Luas TBK's Liabilities-to-Assets

For the Rental & Leasing Services subindustry, PTrana Mitra Luas 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.


PTrana Mitra Luas TBK's Liabilities-to-Assets Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, PTrana Mitra Luas TBK's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where PTrana Mitra Luas TBK's Liabilities-to-Assets falls into.



PTrana Mitra Luas 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.

PTrana Mitra Luas 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
=190041.794/877060.602
=0.22

PTrana Mitra Luas 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
=131832.78/858300.85
=0.15

* 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.


PTrana Mitra Luas TBK  (ISX:SMIL) 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.


PTrana Mitra Luas TBK Liabilities-to-Assets Related Terms

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PTrana Mitra Luas TBK Business Description

Traded in Other Exchanges
N/A
Address
Jalan Gemalapik Pasirsari, Raya No. 130 – 111, Cikarang Selatan, Jawa Barat, Bekasi, IDN, 17530
PT Sarana Mitra Luas TBK is a forklift rental company. PT. Sarana Mitra Luas has become one of the leading forklift rental companies in Indonesia with a total fleet of more than 3,000 units. Apart from rental, It also provides other material handling solutions such as selling and servicing forklifts. The company only has one business segment, namely forklift rental services.

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