PT Sumber Tani Agung Resources Tbk (ISX:STAA) Debt-to-Equity : 0.32 (As of Mar. 2024)

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What is PT Sumber Tani Agung Resources Tbk Debt-to-Equity?

PT Sumber Tani Agung Resources Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp342,378 Mil. PT Sumber Tani Agung Resources Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp1,133,414 Mil. PT Sumber Tani Agung Resources Tbk's Total Stockholders Equity for the quarter that ended in Mar. 2024 was Rp4,674,790 Mil. PT Sumber Tani Agung Resources Tbk's debt to equity for the quarter that ended in Mar. 2024 was 0.32.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for PT Sumber Tani Agung Resources Tbk's Debt-to-Equity or its related term are showing as below:

ISX:STAA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.32 Med: 0.48 Max: 1.82
Current: 0.32

During the past 6 years, the highest Debt-to-Equity Ratio of PT Sumber Tani Agung Resources Tbk was 1.82. The lowest was 0.32. And the median was 0.48.

ISX:STAA's Debt-to-Equity is ranked better than
57.39% of 1645 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs ISX:STAA: 0.32

PT Sumber Tani Agung Resources Tbk Debt-to-Equity Historical Data

The historical data trend for PT Sumber Tani Agung Resources Tbk's Debt-to-Equity 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 Tani Agung Resources Tbk Debt-to-Equity Chart

PT Sumber Tani Agung Resources Tbk Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.82

1.28

0.78

0.41

0.32

PT Sumber Tani Agung Resources Tbk Quarterly Data
	Dec18	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial												0.36	0.40	0.34	0.32	0.32

Competitive Comparison of PT Sumber Tani Agung Resources Tbk's Debt-to-Equity

For the Farm Products subindustry, PT Sumber Tani Agung Resources Tbk's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Sumber Tani Agung Resources Tbk's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Sumber Tani Agung Resources Tbk's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where PT Sumber Tani Agung Resources Tbk's Debt-to-Equity falls into.

PT Sumber Tani Agung Resources Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Sumber Tani Agung Resources Tbk's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(458124	+	979653)	/	4470153
	=	0.32

PT Sumber Tani Agung Resources Tbk's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(342378	+	1133414)	/	4674790
	=	0.32

PT Sumber Tani Agung Resources Tbk (ISX:STAA) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

PT Sumber Tani Agung Resources Tbk Debt-to-Equity Related Terms

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PT Sumber Tani Agung Resources Tbk (ISX:STAA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Sumber Tani Agung Resources Tbk (ISX:STAA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Pangeran Diponegoro No. 51, Sumatra Utara, Medan, IDN, 20152

Website

https://www.sta.co.id

PT Sumber Tani Agung Resources Tbk is an oil palm plantation company. The company manages approximately 13 oil palm estates, 9 palm oil mills, 1 Kernel Crushing Facility, and 1 solvent extraction plant powered by a biogas power plant, all of which situated in 4 provinces in Indonesia: North Sumatera, South Sumatera, West Kalimantan and Central Kalimantan.