PMCGF (PT Merdeka Copper Gold Tbk) Liabilities-to-Assets : 0.49 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

PMCGF PT Merdeka Copper Gold Tbk PMCGF
93 GF Score
Price $0.10
GF Value $0.12
! 6 Warning Signs
View Full Analysis

What is PT Merdeka Copper Gold Tbk Liabilities-to-Assets?

PT Merdeka Copper Gold Tbk PMCGF 93 Liabilities-to-Assets is 0.49 as of Mar. 2026. GuruFocus rates PMCGF with a GF Score™ of 93/100 and a GF Value™ of $0.12. The stock has 6 warning signs investors should review.

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 Merdeka Copper Gold Tbk's Total Liabilities for the quarter that ended in Mar. 2026 was $2,972 Mil. PT Merdeka Copper Gold Tbk's Total Assets for the quarter that ended in Mar. 2026 was $6,027 Mil. Therefore, PT Merdeka Copper Gold Tbk's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2026 was 0.49.


PT Merdeka Copper Gold Tbk  (OTCPK:PMCGF) 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 Merdeka Copper Gold Tbk Liabilities-to-Assets Related Terms


PT Merdeka Copper Gold Tbk Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for PT Merdeka Copper Gold 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.

PT Merdeka Copper Gold Tbk Liabilities-to-Assets Chart

PT Merdeka Copper Gold Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.48 0.44 0.44 0.49

PT Merdeka Copper Gold Tbk Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.44 0.46 0.47 0.49 0.49

PT Merdeka Copper Gold Tbk Liabilities-to-Assets Competitor Comparison

For the Other Industrial Metals & Mining subindustry, PT Merdeka Copper Gold 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 Merdeka Copper Gold Tbk Liabilities-to-Assets vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Merdeka Copper Gold Tbk's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where PT Merdeka Copper Gold Tbk's Liabilities-to-Assets falls into.


PMCGF
93GF Score
PT Merdeka Copper Gold Tbk PMCGF
Liabilities-to-Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PT Merdeka Copper Gold 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 Merdeka Copper Gold Tbk's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2025 is calculated as:

Liabilities-to-Assets (A: Dec. 2025 )=Total Liabilities/Total Assets
=2782.564/5707.421
=0.49

PT Merdeka Copper Gold Tbk's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2026 is calculated as

Liabilities-to-Assets (Q: Mar. 2026 )=Total Liabilities/Total Assets
=2971.94/6026.814
=0.49

* 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.

Frequently Asked Questions Learn more about Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.49 mean?
PT Merdeka Copper Gold Tbk (PMCGF) has a Liabilities-to-Assets of 0.49 as of Mar. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on PT Merdeka Copper Gold Tbk and its competitors.
Is PT Merdeka Copper Gold Tbk's Liabilities-to-Assets too high?
PT Merdeka Copper Gold Tbk's current Liabilities-to-Assets is 0.49. Overall, PT Merdeka Copper Gold Tbk has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does PT Merdeka Copper Gold Tbk's Liabilities-to-Assets compare to competitors?
PT Merdeka Copper Gold Tbk's Liabilities-to-Assets of 0.49 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Metals & Mining company?
A good Liabilities-to-Assets depends on the Metals & Mining industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on PT Merdeka Copper Gold Tbk and its competitors. PT Merdeka Copper Gold Tbk's current Liabilities-to-Assets is 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Merdeka Copper Gold Tbk stock overvalued right now?
PT Merdeka Copper Gold Tbk (PMCGF) has a current Liabilities-to-Assets of 0.49. The stock's GF Value™ is $0.12, compared to a current price of $0.10 — trading 16.7% below its estimated fair value. The current Liabilities-to-Assets is 0.49. PT Merdeka Copper Gold Tbk's overall GF Score™ is 93/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For PT Merdeka Copper Gold Tbk (PMCGF), the current Liabilities-to-Assets is 0.49 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PT Merdeka Copper Gold Tbk (PMCGF) Overvalued in 2026?

Based on GuruFocus' analysis, PT Merdeka Copper Gold Tbk stock appears to be undervalued. The current stock price of $0.10 is trading 16.7% below its estimated GF Value™ of $0.12.

Key valuation signals for PMCGF:

  • Liabilities-to-Assets: 0.49
  • GF Value™: $0.12 vs. price of $0.10 (16.7% below fair value)
  • GF Score™: 93/100 with 6 warning signs

No single metric tells the full story. See the PMCGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PT Merdeka Copper Gold Tbk Business Description

Other Exchanges MDKA:IndonesiaB0C:Germany
Address Jalan Jenderal Sudirman Kav. 52-53, Treasury Tower, 67th-68th Floor, District 8 SCBD Lot. 28, Senayan, Kebayoran Baru, South Jakarta, Jakarta, IDN, 12190
PT Merdeka Copper Gold Tbk is a holding company. Along with its subsidiary, the company engages in the field of mining and other management consultancy activities. The company's gold projects consist of the Tujuh Bukit Gold Mine and the Pani Gold Project. The copper projects include Wetar Copper Mine and Tujuh Bukit Copper Project. The Nickel project comprises SCM Mine, RKEF Smelters, Nickel Matte Converter, AIM Project, HPAL Facilities, and IKIP. The majority of the company's revenue is generated by the Nickel segment.
93GF Score

Get the complete analysis for PMCGF

Liabilities-to-Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.10
Price
$0.12
GF Value