Filinvest Development (PHS:FDC) Debt-to-Equity : 1.30 (As of Mar. 2024)

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What is Filinvest Development Debt-to-Equity?

Filinvest Development's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱30,846 Mil. Filinvest Development's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱143,572 Mil. Filinvest Development's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₱134,713 Mil. Filinvest Development's debt to equity for the quarter that ended in Mar. 2024 was 1.29.

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 Filinvest Development's Debt-to-Equity or its related term are showing as below:

PHS:FDC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.95 Med: 1.38 Max: 1.78
Current: 1.3

During the past 13 years, the highest Debt-to-Equity Ratio of Filinvest Development was 1.78. The lowest was 0.95. And the median was 1.38.

PHS:FDC's Debt-to-Equity is ranked worse than
73.04% of 471 companies
in the Conglomerates industry
Industry Median: 0.56 vs PHS:FDC: 1.30

Filinvest Development Debt-to-Equity Historical Data

The historical data trend for Filinvest Development'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.

Filinvest Development Debt-to-Equity Chart

Filinvest Development Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.67

1.48

1.27

1.20

1.14

Filinvest Development 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															1.12	1.22	1.25	1.14	1.30

Competitive Comparison of Filinvest Development's Debt-to-Equity

For the Conglomerates subindustry, Filinvest Development'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.

Filinvest Development's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Filinvest Development's Debt-to-Equity distribution charts can be found below:

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

Filinvest Development Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Filinvest Development'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
	=	(46257.571	+	109972.416)	/	137040.216
	=	1.14

Filinvest Development'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
	=	(30846.438	+	143571.525)	/	134712.66
	=	1.29

Filinvest Development (PHS:FDC) 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.

Filinvest Development Debt-to-Equity Related Terms

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

Filinvest Development (PHS:FDC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Filinvest Development Corp (PHS:FDC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

5th Avenue corner 23rd Street, 6th Floor, The Beaufort, Bonifacio Global City, Metro Manila, Taguig City, PHL, 1634

Website

https://www.filinvestgroup.com

Filinvest Development Corp is a Philippines-based company which focuses on diverse business such as real estate development and leasing, hospitality operations, banking and financial services, power and utility operations, sugar cane farming, milling and sugar trading. Majority of its revenue generating operating segments are Real estate and hospitality which is involved in acquisition of land, planning and development of large-scale fully integrated residential and commercial communities; development and sale of residential and commercial lots; Sugar Operations which involves purchase of raw sugar, refined sugar and molasses from Davao Sugar Central Company, Inc. and Cotabato Sugar Central Company, Inc., subsidiaries of PSHC, and sale to third parties.