PT Lautan Luas Tbk

Jakarta Stock Exchange LTLS.JK

PT Lautan Luas Tbk Debt to Equity Ratio for the year ending December 31, 2023: 0.38

PT Lautan Luas Tbk Debt to Equity Ratio is 0.38 for the year ending December 31, 2023, a -24.37% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • PT Lautan Luas Tbk Debt to Equity Ratio for the year ending December 31, 2022 was 0.51, a -29.19% change year over year.
  • PT Lautan Luas Tbk Debt to Equity Ratio for the year ending December 31, 2021 was 0.72, a -27.16% change year over year.
  • PT Lautan Luas Tbk Debt to Equity Ratio for the year ending December 31, 2020 was 0.98, a -13.54% change year over year.
  • PT Lautan Luas Tbk Debt to Equity Ratio for the year ending December 31, 2019 was 1.14, a -16.88% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
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SV Wall Street
Jakarta Stock Exchange: LTLS.JK

PT Lautan Luas Tbk

Description

PT Lautan Luas Tbk engages in the manufacture and distribution of basic and specialty chemicals for industrial end-users primarily in Indonesia and the Asia-Pacific region. The company operates through three segments: Distribution, Manufacturing, and Services. It offers aluminum sulfate, foaming agent, color/additive masterbatch, borate fertilizer, poly aluminum chloride, aluminum chlorohydrate, sulfuric acid, white oil, sodium sulfate and silicate, sodium metabisulphite, sulfamic acid, color-dyes, pigment, creamer, foaming creamer, dairy, fiber crème, yarn sizing agent, parafin wax, petroleum jelly, and liquid methyl tin and one pack methyltin stabilizer. The company also provides laboratory services and solutions for customers in electroplating, leather, paper, textile, and water treatment industries, as well as offers integrated logistics and supply chain, waste water treatment, and information technology solutions. It serves the food and beverages, animal feed, personal and household care, chemical, plastic and rubber, agriculture, glass and ceramics, textile, pulp and paper, and other industries. The company was formerly known as Perusahaan Andil Maskapai Dagang dan Industri Lim Teck Lee and changed its name to PT Lautan Luas Tbk in 1965. The company was founded in 1951 and is headquartered in Jakarta Barat, Indonesia. PT Lautan Luas Tbk is a subsidiary of PT Caturkarsa Megatunggal.

StockViz Staff

February 6, 2025

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