PT Sinar Mas Multiartha Tbk (ISX:SMMA) LT-Debt-to-Total-Asset : 0.08 (As of Dec. 2024)

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What is PT Sinar Mas Multiartha 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 Sinar Mas Multiartha Tbk's long-term debt to total assests ratio for the quarter that ended in Dec. 2024 was 0.08.

PT Sinar Mas Multiartha Tbk's long-term debt to total assets ratio increased from Dec. 2023 (0.07) to Dec. 2024 (0.08). It may suggest that PT Sinar Mas Multiartha Tbk is progressively becoming more dependent on debt to grow their business.

PT Sinar Mas Multiartha Tbk LT-Debt-to-Total-Asset Historical Data

The historical data trend for PT Sinar Mas Multiartha 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.

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PT Sinar Mas Multiartha Tbk LT-Debt-to-Total-Asset Chart

PT Sinar Mas Multiartha Tbk Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.04

0.06

0.07

0.08

PT Sinar Mas Multiartha Tbk Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.07	0.07	0.08	0.08	0.08

PT Sinar Mas Multiartha Tbk LT-Debt-to-Total-Asset Calculation

PT Sinar Mas Multiartha Tbk's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	9474450	/	117192124
	=	0.08

PT Sinar Mas Multiartha Tbk's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (Q: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2024 )	/	Total Assets (Q: Dec. 2024 )
	=	9474450	/	117192124
	=	0.08

PT Sinar Mas Multiartha Tbk (ISX:SMMA) 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 Sinar Mas Multiartha Tbk LT-Debt-to-Total-Asset Related Terms

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PT Sinar Mas Multiartha Tbk Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » PT Sinar Mas Multiartha Tbk (ISX:SMMA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

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Address

Sinar Mas Land Plaza, Tower I Lt 1 dan 2, Jl. MH Thamrin No. 51, Jakarta, IDN, 10350

Website

https://smma.co.id

PT Sinar Mas Multiartha Tbk provides an integrated and comprehensive range of financial services in Indonesia. The company is engaged in insurance underwriting, consumer financing, factoring of accounts, securities administration, securities brokerage, investment manager, banking, development, Information technology, trading, and other related services. It is also involved in the auction house, property, health clinic, and workshop activities.

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