PT Triputra Agro Persada Tbk (ISX:TAPG) Equity-to-Asset : 0.81 (As of Mar. 2024)

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What is PT Triputra Agro Persada Tbk Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. PT Triputra Agro Persada Tbk's Total Stockholders Equity for the quarter that ended in Mar. 2024 was Rp11,264,759 Mil. PT Triputra Agro Persada Tbk's Total Assets for the quarter that ended in Mar. 2024 was Rp13,890,994 Mil. Therefore, PT Triputra Agro Persada Tbk's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.81.

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

ISX:TAPG' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.41 Med: 0.63 Max: 0.81
Current: 0.81

During the past 7 years, the highest Equity to Asset Ratio of PT Triputra Agro Persada Tbk was 0.81. The lowest was 0.41. And the median was 0.63.

ISX:TAPG's Equity-to-Asset is ranked better than
87.31% of 1923 companies
in the Consumer Packaged Goods industry
Industry Median: 0.54 vs ISX:TAPG: 0.81

PT Triputra Agro Persada Tbk Equity-to-Asset Historical Data

The historical data trend for PT Triputra Agro Persada 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.

* Premium members only.

PT Triputra Agro Persada Tbk Equity-to-Asset Chart

PT Triputra Agro Persada Tbk Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Equity-to-Asset

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0.46

0.53

0.60

0.69

0.79

PT Triputra Agro Persada Tbk Quarterly Data
	Dec17	Dec18	Sep19	Dec19	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															0.70	0.71	0.77	0.79	0.81

Competitive Comparison of PT Triputra Agro Persada Tbk's Equity-to-Asset

For the Farm Products subindustry, PT Triputra Agro Persada 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 Triputra Agro Persada Tbk's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, PT Triputra Agro Persada Tbk's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where PT Triputra Agro Persada Tbk's Equity-to-Asset falls into.

PT Triputra Agro Persada 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 Triputra Agro Persada 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
	=	10893957	/	13867387
	=	0.79

PT Triputra Agro Persada 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
	=	11264759	/	13890994
	=	0.81

PT Triputra Agro Persada Tbk (ISX:TAPG) 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 Triputra Agro Persada Tbk Equity-to-Asset Related Terms

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

PT Triputra Agro Persada Tbk (ISX:TAPG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » PT Triputra Agro Persada Tbk (ISX:TAPG) » Definitions » Equity-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jalan DR. Ide Anak Agung Gde Agung, Kav. E.3-2, No. 1, The East Building, 23rd Floor, Kelurahan Kuningan Timur, Kecamatan Setiabudi, Jakarta Selatan, Jakarta, IDN, 12950

Website

https://www.tap-agri.com

PT Triputra Agro Persada Tbk is a palm oil and rubber company located in Sumatera and Kalimantan. Together with its subsidiaries, it is committed towards producing high-quality crude palm oil and palm kernel products to meet domestic and foreign market needs. The company's operating segment includes Crude Palm oil and palm kernel and Rubber. It generates maximum revenue from the Crude Palm oil and palm kernel segment.

PT Triputra Agro Persada Tbk (ISX:TAPG) Headlines

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