PT Sumber Energi Andalan Tbk (ISX:ITMA) LT-Debt-to-Total-Asset : 0.03 (As of Mar. 2024)

View and export this data going back to 1990. Start your Free Trial

What is PT Sumber Energi Andalan Tbk LT-Debt-to-Total-Asset?

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 Sumber Energi Andalan Tbk's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.03.

PT Sumber Energi Andalan Tbk's long-term debt to total assets ratio declined from Mar. 2023 (0.04) to Mar. 2024 (0.03). It may suggest that PT Sumber Energi Andalan Tbk is progressively becoming less dependent on debt to grow their business.

PT Sumber Energi Andalan Tbk LT-Debt-to-Total-Asset Historical Data

The historical data trend for PT Sumber Energi Andalan 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.

* Premium members only.

PT Sumber Energi Andalan Tbk LT-Debt-to-Total-Asset Chart

PT Sumber Energi Andalan Tbk Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.05

0.04

0.03

PT Sumber Energi Andalan Tbk Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.04	0.04	0.03	0.03	0.03

PT Sumber Energi Andalan Tbk LT-Debt-to-Total-Asset Calculation

PT Sumber Energi Andalan Tbk's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	109684.789	/	3494743.917
	=	0.03

PT Sumber Energi Andalan Tbk's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	99294.41	/	3523155.592
	=	0.03

PT Sumber Energi Andalan Tbk (ISX:ITMA) 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 Sumber Energi Andalan Tbk LT-Debt-to-Total-Asset Related Terms

Thank you for viewing the detailed overview of PT Sumber Energi Andalan Tbk's LT-Debt-to-Total-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Sumber Energi Andalan Tbk (ISX:ITMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PT Sumber Energi Andalan Tbk (ISX:ITMA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jl. Mega Kuningan Barat III, Lot.10 1-6, Sopo Del Office & Lifestyle Tower B, Lantai 21, Kawasan Mega Kuningan, Jakarta Selatan, Jakarta, IDN, 12950

Website

https://www.energi-andalan.co.id

PT Sumber Energi Andalan Tbk is an Indonesia-based company mainly engaged in trading, export-import, consultation service, and contracting in the mining and energy sector. It also provides integrated construction services including planning, procurement, and execution/construction works in power generation and other energy-related segments. The company generates the majority of its revenue from the service of the mining segment.

PT Sumber Energi Andalan Tbk (ISX:ITMA) Headlines

No Headlines