Cosco Capital (PHS:COSCO) Debt-to-Equity : 0.54 (As of Mar. 2024)

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What is Cosco Capital Debt-to-Equity?

Cosco Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱1,680 Mil. Cosco Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱49,483 Mil. Cosco Capital's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₱94,568 Mil. Cosco Capital's debt to equity for the quarter that ended in Mar. 2024 was 0.54.

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 Cosco Capital's Debt-to-Equity or its related term are showing as below:

PHS:COSCO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22 Med: 0.42 Max: 0.64
Current: 0.54

During the past 13 years, the highest Debt-to-Equity Ratio of Cosco Capital was 0.64. The lowest was 0.22. And the median was 0.42.

PHS:COSCO's Debt-to-Equity is ranked better than
51.79% of 280 companies
in the Retail - Defensive industry
Industry Median: 0.61 vs PHS:COSCO: 0.54

Cosco Capital Debt-to-Equity Historical Data

The historical data trend for Cosco Capital'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.

Cosco Capital Debt-to-Equity Chart

Cosco Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.47

0.63

0.53

0.55

0.54

Cosco Capital 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															0.54	0.54	0.54	0.54	0.54

Competitive Comparison of Cosco Capital's Debt-to-Equity

For the Grocery Stores subindustry, Cosco Capital'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.

Cosco Capital's Debt-to-Equity Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Cosco Capital's Debt-to-Equity distribution charts can be found below:

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

Cosco Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cosco Capital'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
	=	(1552.914	+	48200.895)	/	92916.68
	=	0.54

Cosco Capital'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
	=	(1679.96	+	49483.284)	/	94567.544
	=	0.54

Cosco Capital (PHS:COSCO) 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.

Cosco Capital Debt-to-Equity Related Terms

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

Cosco Capital (PHS:COSCO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Cosco Capital Inc (PHS:COSCO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Number 900 D. Romualdez Street, 2nd Floor, Tabacalera Building Number 2, Paco, Manila, PHL, 1007

Website

https://www.coscocapital.com

Cosco Capital Inc is a holding retail company based out of the Philippines that has operations in wine & liquor distribution, real estate, oil and minerals, and retail establishments. The majority of the company's revenue can be traced back to its grocery chain, which operates under subsidiary Puregold Price Club. The company's chain of grocery stores is complemented by membership-shopping club business and a wine and liquor distributor. Furthermore, the company is able to lease land, commercial buildings, and oil-storage facilities for customers and its own businesses. Cosco's oil and mineral subsidiaries engage in the exploration, development, and production of oil and gas reserves in the Philippines.

Cosco Capital (PHS:COSCO) Headlines

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