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Philippine Estates (PHS:PHES) Equity-to-Asset : 0.84 (As of Mar. 2024)


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What is Philippine Estates Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Philippine Estates's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₱2,615.0 Mil. Philippine Estates's Total Assets for the quarter that ended in Mar. 2024 was ₱3,131.7 Mil. Therefore, Philippine Estates's Equity to Asset Ratio for the quarter that ended in Mar. 2024 was 0.84.

The historical rank and industry rank for Philippine Estates's Equity-to-Asset or its related term are showing as below:

PHS:PHES' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.65   Med: 0.72   Max: 0.84
Current: 0.84

During the past 13 years, the highest Equity to Asset Ratio of Philippine Estates was 0.84. The lowest was 0.65. And the median was 0.72.

PHS:PHES's Equity-to-Asset is ranked better than
89.36% of 1824 companies
in the Real Estate industry
Industry Median: 0.44 vs PHS:PHES: 0.84

Philippine Estates Equity-to-Asset Historical Data

The historical data trend for Philippine Estates'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.

Philippine Estates Equity-to-Asset Chart

Philippine Estates 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 0.68 0.69 0.75 0.83 0.84

Philippine Estates 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 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 0.82 0.83 0.79 0.84 0.84

Competitive Comparison of Philippine Estates's Equity-to-Asset

For the Real Estate Services subindustry, Philippine Estates'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.


Philippine Estates's Equity-to-Asset Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Philippine Estates's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Philippine Estates's Equity-to-Asset falls into.



Philippine Estates 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.

Philippine Estates'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
=2614.923/3101.21
=0.84

Philippine Estates'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
=2615.047/3131.706
=0.84

* 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.


Philippine Estates  (PHS:PHES) 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%.


Philippine Estates Equity-to-Asset Related Terms

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


Philippine Estates (PHS:PHES) Business Description

Traded in Other Exchanges
N/A
Address
Julia Vargas Avenue corner, Meralco Avenue, 35th Floor One Corporate Center, Ortigas Center, Pasig, PHL, 1605
Philippine Estates Corporation is a real estate company engaged in the business of holding and developing real estate properties or other properties. Its segments include Metro Manila, which includes an industrial park and condominium projects; Other Luzon Areas such as Bulacan, Cavite-subdivision development; Cebu includes subdivision, mixed-use, and condominium projects; Iloilo includes subdivision, mixed-use, and condominium projects; and Davao, which includes an administrative office. It offers real estate properties for industrial, commercial, residential, and leisure or sports purposes. The group derives key revenue from Cebu and Iloilo business segments.

Philippine Estates (PHS:PHES) Headlines

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