PT Wijaya Karya (Persero) Tbk (ISX:WIKA) LT-Debt-to-Total-Asset : 0.56 (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is PT Wijaya Karya (Persero) 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 Wijaya Karya (Persero) Tbk's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.56.

PT Wijaya Karya (Persero) Tbk's long-term debt to total assets ratio increased from Mar. 2023 (0.25) to Mar. 2024 (0.56). It may suggest that PT Wijaya Karya (Persero) Tbk is progressively becoming more dependent on debt to grow their business.

PT Wijaya Karya (Persero) Tbk LT-Debt-to-Total-Asset Historical Data

The historical data trend for PT Wijaya Karya (Persero) 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 Wijaya Karya (Persero) Tbk LT-Debt-to-Total-Asset Chart

PT Wijaya Karya (Persero) Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

Get a 7-Day Free Trial

0.14

0.08

0.18

0.24

PT Wijaya Karya (Persero) Tbk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.25	0.25	0.25	0.24	0.56

PT Wijaya Karya (Persero) Tbk LT-Debt-to-Total-Asset Calculation

PT Wijaya Karya (Persero) 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 )
	=	15809825.732	/	65981235.888
	=	0.24

PT Wijaya Karya (Persero) 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 )
	=	36476944.596	/	64622513.184
	=	0.56

PT Wijaya Karya (Persero) Tbk (ISX:WIKA) 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 Wijaya Karya (Persero) Tbk LT-Debt-to-Total-Asset Related Terms

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

PT Wijaya Karya (Persero) Tbk (ISX:WIKA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » PT Wijaya Karya (Persero) Tbk (ISX:WIKA) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan D.I. Panjaitan Kav. 9-10, WIKA Tower 1 & 2, Jakarta, IDN, 13340

Website

https://www.wika.co.id

PT Wijaya Karya (Persero) Tbk is an engineering and construction firm focusing on construction, large infrastructure projects, energy plants, real estate, and other developments. It constructs transportation networks for public systems and builds residential and commercial buildings for various end markets. The company works throughout the entire construction process, from planning and design to building and repairing existing structures. Wijaya Karya has five business segments: infrastructure and buildings, energy and industrial plants, Investment, realty and property, and industry. The company is controlled by the Indonesian government.

PT Wijaya Karya (Persero) Tbk (ISX:WIKA) Headlines

No Headlines