PT Equity Development Investment Tbk (ISX:GSMF) Equity-to-Asset : 0.42 (As of Mar. 2024)

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What is PT Equity Development Investment Tbk Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. PT Equity Development Investment Tbk's Total Stockholders Equity for the quarter that ended in Mar. 2024 was Rp2,416,433 Mil. PT Equity Development Investment Tbk's Total Assets for the quarter that ended in Mar. 2024 was Rp5,807,062 Mil. Therefore, PT Equity Development Investment Tbk's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.42.

The historical rank and industry rank for PT Equity Development Investment Tbk's Equity-to-Asset or its related term are showing as below:

ISX:GSMF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.16 Med: 0.28 Max: 0.45
Current: 0.42

During the past 13 years, the highest Equity to Asset Ratio of PT Equity Development Investment Tbk was 0.45. The lowest was 0.16. And the median was 0.28.

ISX:GSMF's Equity-to-Asset is ranked better than
79.72% of 493 companies
in the Insurance industry
Industry Median: 0.24 vs ISX:GSMF: 0.42

PT Equity Development Investment Tbk Equity-to-Asset Historical Data

The historical data trend for PT Equity Development Investment Tbk's Equity-to-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.

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PT Equity Development Investment Tbk Equity-to-Asset Chart

PT Equity Development Investment Tbk Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.29

0.31

0.45

0.44

0.42

PT Equity Development Investment Tbk Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Equity-to-Asset	Get a 7-Day Free Trial															0.43	0.41	0.41	0.42	0.42

Competitive Comparison of PT Equity Development Investment Tbk's Equity-to-Asset

For the Insurance - Diversified subindustry, PT Equity Development Investment Tbk's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity Development Investment Tbk's Equity-to-Asset Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, PT Equity Development Investment Tbk's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where PT Equity Development Investment Tbk's Equity-to-Asset falls into.

PT Equity Development Investment Tbk Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

PT Equity Development Investment Tbk's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )	=	Total Stockholders Equity	/	Total Assets
	=	2413900	/	5762168
	=	0.42

PT Equity Development Investment Tbk's Equity to Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

Equity to Asset (Q: Mar. 2024 )	=	Total Stockholders Equity	/	Total Assets
	=	2416433	/	5807062
	=	0.42

PT Equity Development Investment Tbk (ISX:GSMF) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.

PT Equity Development Investment Tbk Equity-to-Asset Related Terms

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

PT Equity Development Investment Tbk (ISX:GSMF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » PT Equity Development Investment Tbk (ISX:GSMF) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan Hayam Wuruk No. 8, Wisma Hayam Wuruk, 3rd Floor, Central Jakarta, IDN, 10120

Website

https://www.theequityone.com

PT Equity Development Investment Tbk is an Indonesia-based investment holding company engaged in the insurance business through its subsidiaries. It is also engaged in providing leasing, consumer financing, and factoring services. The company and its subsidiaries have categorized their business activity into four segments by the nature of the business which include Insurance, Financing, Securities & Stock Administration, Equity Participation, Travel Services, & Venture Capital, out of which the majority of the revenue is generated from the Insurance segment. The company's geographical segments include Java Island and Outside Java Island.

PT Equity Development Investment Tbk (ISX:GSMF) Headlines

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