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PT Sinar Mas Multiartha Tbk (ISX:SMMA) Equity-to-Asset : 0.20 (As of Dec. 2023)


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What is PT Sinar Mas Multiartha Tbk Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. PT Sinar Mas Multiartha Tbk's Total Stockholders Equity for the quarter that ended in Dec. 2023 was Rp22,279,674 Mil. PT Sinar Mas Multiartha Tbk's Total Assets for the quarter that ended in Dec. 2023 was Rp113,966,010 Mil. Therefore, PT Sinar Mas Multiartha Tbk's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.20.

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

ISX:SMMA' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.17   Med: 0.19   Max: 0.24
Current: 0.2

During the past 13 years, the highest Equity to Asset Ratio of PT Sinar Mas Multiartha Tbk was 0.24. The lowest was 0.17. And the median was 0.19.

ISX:SMMA's Equity-to-Asset is ranked worse than
54.56% of 493 companies
in the Insurance industry
Industry Median: 0.24 vs ISX:SMMA: 0.20

PT Sinar Mas Multiartha Tbk Equity-to-Asset Historical Data

The historical data trend for PT Sinar Mas Multiartha 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 Sinar Mas Multiartha Tbk Equity-to-Asset Chart

PT Sinar Mas Multiartha Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.20 0.19 0.17 0.19 0.20

PT Sinar Mas Multiartha Tbk Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.19 0.19 0.20 0.20 0.20

Competitive Comparison of PT Sinar Mas Multiartha Tbk's Equity-to-Asset

For the Insurance - Diversified subindustry, PT Sinar Mas Multiartha 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 Sinar Mas Multiartha Tbk's Equity-to-Asset Distribution in the Insurance Industry

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

* The bar in red indicates where PT Sinar Mas Multiartha Tbk's Equity-to-Asset falls into.



PT Sinar Mas Multiartha 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 Sinar Mas Multiartha 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
=22279674/113966010
=0.20

PT Sinar Mas Multiartha Tbk's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=22279674/113966010
=0.20

* 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 Sinar Mas Multiartha Tbk  (ISX:SMMA) 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 Sinar Mas Multiartha Tbk Equity-to-Asset Related Terms

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


PT Sinar Mas Multiartha Tbk (ISX:SMMA) Business Description

Traded in Other Exchanges
N/A
Address
Sinar Mas Land Plaza, Tower I Lt 1 dan 2, Jl. MH Thamrin No. 51, Jakarta, IDN, 10350
PT Sinar Mas Multiartha Tbk provides an integrated and comprehensive range of financial services in Indonesia. The company is engaged in insurance underwriting, consumer financing, factoring of accounts, securities administration, securities brokerage, investment manager, banking, development, information technology, trading, and other related services. It is also involved in the auction house, property, health clinic, and workshop activities.

PT Sinar Mas Multiartha Tbk (ISX:SMMA) Headlines

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