PT Bank Mega Tbk (ISX:MEGA) Debt-to-Equity : 0.12 (As of Mar. 2024)

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What is PT Bank Mega Tbk Debt-to-Equity?

PT Bank Mega Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp0 Mil. PT Bank Mega Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp2,327,487 Mil. PT Bank Mega Tbk's Total Stockholders Equity for the quarter that ended in Mar. 2024 was Rp19,936,835 Mil. PT Bank Mega Tbk's debt to equity for the quarter that ended in Mar. 2024 was 0.12.

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

ISX:MEGA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.03 Max: 0.14
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of PT Bank Mega Tbk was 0.14. The lowest was 0.00. And the median was 0.03.

ISX:MEGA's Debt-to-Equity is ranked better than
89.02% of 1394 companies
in the Banks industry
Industry Median: 0.66 vs ISX:MEGA: 0.12

PT Bank Mega Tbk Debt-to-Equity Historical Data

The historical data trend for PT Bank Mega 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.

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PT Bank Mega Tbk Debt-to-Equity Chart

PT Bank Mega Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.02

0.09

0.14

PT Bank Mega Tbk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.07	0.05	0.09	0.14	0.12

Competitive Comparison of PT Bank Mega Tbk's Debt-to-Equity

For the Banks - Regional subindustry, PT Bank Mega 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 Bank Mega Tbk's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, PT Bank Mega Tbk's Debt-to-Equity distribution charts can be found below:

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

PT Bank Mega Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Bank Mega 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
	=	(0	+	2979219)	/	21755443
	=	0.14

PT Bank Mega 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
	=	(0	+	2327487)	/	19936835
	=	0.12

PT Bank Mega Tbk (ISX:MEGA) 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 Bank Mega Tbk Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of PT Bank Mega Tbk's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

PT Bank Mega Tbk (ISX:MEGA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » PT Bank Mega Tbk (ISX:MEGA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Captain P. Tendean No. 12-14A, Menara Bank Mega, 15th Floor, Jakarta, IDN, 12790

Website

https://www.bankmega.com

PT Bank Mega Tbk is an Indonesia-based company primarily engaged in providing general banking services. It offers savings, time deposits, motor vehicle loans, housing loans, credit cards, safe deposit box fees, and custodial services. The Bank geographical segment is Head Office consists of Treasury, Card Center and other functional divisions, including assets, liabilities, incomes, and expenses that cannot be allocated, region Jakarta consist of all branches and sub-branches in Jabodetabek and Banten province, Region Bandung, Region Medan, Region Semarang, Region Surabaya, region Banjarmasin, and region Makassar.

PT Bank Mega Tbk (ISX:MEGA) Headlines

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