PT Citatah Tbk (ISX:CTTH) Debt-to-Equity : 1.52 (As of Dec. 2023)

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What is PT Citatah Tbk Debt-to-Equity?

PT Citatah Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was Rp5,274 Mil. PT Citatah Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was Rp316,764 Mil. PT Citatah Tbk's Total Stockholders Equity for the quarter that ended in Dec. 2023 was Rp211,322 Mil. PT Citatah Tbk's debt to equity for the quarter that ended in Dec. 2023 was 1.52.

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 Citatah Tbk's Debt-to-Equity or its related term are showing as below:

ISX:CTTH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.54 Med: 1.23 Max: 2.07
Current: 1.52

During the past 13 years, the highest Debt-to-Equity Ratio of PT Citatah Tbk was 2.07. The lowest was 0.54. And the median was 1.23.

ISX:CTTH's Debt-to-Equity is ranked worse than
92.07% of 353 companies
in the Building Materials industry
Industry Median: 0.39 vs ISX:CTTH: 1.52

PT Citatah Tbk Debt-to-Equity Historical Data

The historical data trend for PT Citatah 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 Citatah Tbk Debt-to-Equity Chart

PT Citatah Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.05

1.41

1.58

1.94

1.52

PT Citatah Tbk Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.94	1.99	1.99	2.01	1.52

Competitive Comparison of PT Citatah Tbk's Debt-to-Equity

For the Building Materials subindustry, PT Citatah 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 Citatah Tbk's Debt-to-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, PT Citatah Tbk's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where PT Citatah Tbk's Debt-to-Equity falls into.

PT Citatah Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Citatah 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
	=	(5274.071	+	316764.388)	/	211321.68
	=	1.52

PT Citatah Tbk's Debt to Equity Ratio for the quarter 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
	=	(5274.071	+	316764.388)	/	211321.68
	=	1.52

PT Citatah Tbk (ISX:CTTH) 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 Citatah Tbk Debt-to-Equity Related Terms

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PT Citatah Tbk (ISX:CTTH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » PT Citatah Tbk (ISX:CTTH) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jl. Tarum Timur Number 64, Desa Tamelang, Kecamatan Purwasari, Jawa Barat, Karawang, IDN, 41373

Website

https://www.citatah.co.id

PT Citatah Tbk is an Indonesia-based company, engaged in quarrying, processing, and production of marble in Indonesia. It offers provides excellent end-to-end service from sourcing and designing to the installation of high-quality natural stone products. The company operates through Limestone and Imported Building Materials segments. Apart from being a producer of high-quality marble, Citatah also provides a wide range of exquisite imported natural stones. It also acts as the sole and exclusive distributor of many prestigious international brands for interior and exterior finishes products. It generates the majority of its revenue from Indonesia.