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PT Cerestar Indonesia Tbk (ISX:TRGU) Debt-to-Equity : 1.78 (As of Mar. 2024)


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What is PT Cerestar Indonesia Tbk Debt-to-Equity?

PT Cerestar Indonesia Tbk's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp1,777,324 Mil. PT Cerestar Indonesia Tbk's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was Rp36,697 Mil. PT Cerestar Indonesia Tbk's Total Stockholders Equity for the quarter that ended in Mar. 2024 was Rp1,019,241 Mil. PT Cerestar Indonesia Tbk's debt to equity for the quarter that ended in Mar. 2024 was 1.78.

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

ISX:TRGU' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.47   Med: 1.62   Max: 1.78
Current: 1.78

During the past 4 years, the highest Debt-to-Equity Ratio of PT Cerestar Indonesia Tbk was 1.78. The lowest was 1.47. And the median was 1.62.

ISX:TRGU's Debt-to-Equity is ranked worse than
91.01% of 1646 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs ISX:TRGU: 1.78

PT Cerestar Indonesia Tbk Debt-to-Equity Historical Data

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

PT Cerestar Indonesia Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
2.01 1.49 1.60 1.75

PT Cerestar Indonesia Tbk Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.59 1.64 1.75 1.75 1.78

Competitive Comparison of PT Cerestar Indonesia Tbk's Debt-to-Equity

For the Packaged Foods subindustry, PT Cerestar Indonesia 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 Cerestar Indonesia Tbk's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

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

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



PT Cerestar Indonesia Tbk Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

PT Cerestar Indonesia Tbk's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

PT Cerestar Indonesia Tbk's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


PT Cerestar Indonesia Tbk  (ISX:TRGU) 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 Cerestar Indonesia Tbk Debt-to-Equity Related Terms

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PT Cerestar Indonesia Tbk (ISX:TRGU) Business Description

Traded in Other Exchanges
N/A
Address
Jl. MH Thamrin No. 81, The City Tower 28th Floor, Jakarta Pusat, IDN, 10310
PT Cerestar Indonesia Tbk is engaged in the flour industry and cereal/grain trading through Subsidiaries and management consulting services.

PT Cerestar Indonesia Tbk (ISX:TRGU) Headlines

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