ACEN (PHS:ACEN) Debt-to-Equity : 0.74 (As of Mar. 2024)

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What is ACEN Debt-to-Equity?

ACEN's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱3,732 Mil. ACEN's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱105,236 Mil. ACEN's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₱148,016 Mil. ACEN's debt to equity for the quarter that ended in Mar. 2024 was 0.74.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

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

PHS:ACEN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.29 Med: 0.77 Max: 2.63
Current: 0.74

During the past 13 years, the highest Debt-to-Equity Ratio of ACEN was 2.63. The lowest was 0.29. And the median was 0.77.

PHS:ACEN's Debt-to-Equity is ranked better than
53.2% of 391 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.79 vs PHS:ACEN: 0.74

ACEN Debt-to-Equity Historical Data

The historical data trend for ACEN's Debt-to-Equity 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.

ACEN Debt-to-Equity Chart

ACEN Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.46

0.54

0.50

0.58

0.61

ACEN Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.67	0.69	0.58	0.61	0.74

Competitive Comparison of ACEN's Debt-to-Equity

For the Utilities - Renewable subindustry, ACEN's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

ACEN's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, ACEN's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where ACEN's Debt-to-Equity falls into.

ACEN Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ACEN's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(3640.057	+	83995.215)	/	143472.317
	=	0.61

ACEN's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(3731.607	+	105235.66)	/	148015.708
	=	0.74

ACEN (PHS:ACEN) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

ACEN Debt-to-Equity Related Terms

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

ACEN (PHS:ACEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » ACEN Corp (PHS:ACEN) » Definitions » Debt-to-Equity

Traded in Other Exchanges

ACPIF:USA

Address

Paseo de Roxas corner Makati Avenue, 35th Floor, Ayala Triangle Gardens Tower 2, Makati, PHL, 1226

Website

https://www.acenrenewables.com

ACEN Corp is a Philippines-based energy provider. The company is mainly involved in the business of Renewables and Thermal energy. It also holds interests in the business of oil and gas exploration and production. The company operates in three segments: The Philippines segment, the International segment, and the Parent and Others segment The Philippines segment, which accounts for the vast majority of its revenue, is into Retail Electricity Supply, Renewables - generation, transmission, distribution, and supply of electricity using renewable sources, Thermal - generation, transmission, distribution, and supply of electricity using the conventional way of energy generation, Project development, Leasing, bulk water supply, and Petroleum and exploration.

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