PT Golden Plantation Tbk (ISX:GOLL) LT-Debt-to-Total-Asset: 0.49 (As of Sep. 2021)


What is PT Golden Plantation Tbk LT-Debt-to-Total-Asset?

PT Golden Plantation Tbk ISX:GOLL LT-Debt-to-Total-Asset is 0.49 as of Sep. 2021.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. PT Golden Plantation Tbk's long-term debt to total assests ratio for the quarter that ended in Sep. 2021 was 0.49.

PT Golden Plantation Tbk's long-term debt to total assets ratio increased from Sep. 2020 (0.47) to Sep. 2021 (0.49). It may suggest that PT Golden Plantation Tbk is progressively becoming more dependent on debt to grow their business.

PT Golden Plantation Tbk  (ISX:GOLL) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

PT Golden Plantation Tbk LT-Debt-to-Total-Asset Related Terms

PT Golden Plantation Tbk LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for PT Golden Plantation Tbk's LT-Debt-to-Total-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.

PT Golden Plantation Tbk LT-Debt-to-Total-Asset Chart

PT Golden Plantation Tbk Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.49 0.40 0.07 0.08 0.47

PT Golden Plantation Tbk Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
LT-Debt-to-Total-Asset 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 0.47 0.47 0.48 0.48 0.49

PT Golden Plantation Tbk LT-Debt-to-Total-Asset Calculation

PT Golden Plantation Tbk's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2020 is calculated as

LT Debt to Total Assets (A: Dec. 2020 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2020 )/Total Assets (A: Dec. 2020 )
=223736.224/471662.301
=0.47

PT Golden Plantation Tbk's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2021 is calculated as

LT Debt to Total Assets (Q: Sep. 2021 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2021 )/Total Assets (Q: Sep. 2021 )
=234879.454/480923.22
=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 LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.49 mean?
PT Golden Plantation Tbk (ISX:GOLL) has a LT-Debt-to-Total-Asset of 0.49 as of Sep. 2021. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on PT Golden Plantation Tbk and its competitors.
Is PT Golden Plantation Tbk's LT-Debt-to-Total-Asset too high?
PT Golden Plantation Tbk's current LT-Debt-to-Total-Asset is 0.49.
How does PT Golden Plantation Tbk's LT-Debt-to-Total-Asset compare to competitors?
PT Golden Plantation Tbk's LT-Debt-to-Total-Asset of 0.49 can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Consumer Packaged Goods company?
A good LT-Debt-to-Total-Asset depends on the Consumer Packaged Goods industry context. However, LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on PT Golden Plantation Tbk and its competitors. PT Golden Plantation Tbk's current LT-Debt-to-Total-Asset 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 Golden Plantation Tbk stock overvalued right now?
PT Golden Plantation Tbk (ISX:GOLL) has a current LT-Debt-to-Total-Asset of 0.49. The current LT-Debt-to-Total-Asset is 0.49. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For PT Golden Plantation Tbk (ISX:GOLL), the current LT-Debt-to-Total-Asset is 0.49 as of Sep. 2021. 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.

PT Golden Plantation Tbk Business Description

Address Jalan Dr. Ide Anak Agung Gde Agung Kav.E.1.2 No.1 & 2, Plaza Mutiara building 8th Floor, Suite 801, Mega Kuningan, East Kuningan, Setiabudi, South Jakarta, Jakarta, IDN, 12950
PT Golden Plantation Tbk is engaged in the manufacturing of palm oil. The company's operating segment is palm oil plantations located in several areas in Indonesia. The company has around nine oil palm plantations, located in South Kalimantan, Central Kalimantan, West Kalimantan, Riau, South Sumatra, and Jambi. The sale of crude palm oil generates maximum revenue for the company. The company sells three products as principal sales, namely Crude Palm Oil, Fresh Fruit Bunches, and Palm Kernel.