Alliance Select Foods International (PHS:FOOD) Debt-to-Equity : 1.39 (As of Dec. 2023)

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What is Alliance Select Foods International Debt-to-Equity?

Alliance Select Foods International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₱1,316 Mil. Alliance Select Foods International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₱1 Mil. Alliance Select Foods International's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₱946 Mil. Alliance Select Foods International's debt to equity for the quarter that ended in Dec. 2023 was 1.39.

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 Alliance Select Foods International's Debt-to-Equity or its related term are showing as below:

PHS:FOOD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.55 Med: 0.72 Max: 1.39
Current: 1.39

During the past 13 years, the highest Debt-to-Equity Ratio of Alliance Select Foods International was 1.39. The lowest was 0.55. And the median was 0.72.

PHS:FOOD's Debt-to-Equity is ranked worse than
85.78% of 1639 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs PHS:FOOD: 1.39

Alliance Select Foods International Debt-to-Equity Historical Data

The historical data trend for Alliance Select Foods International'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.

Alliance Select Foods International Debt-to-Equity Chart

Alliance Select Foods International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.84

0.77

0.55

0.68

1.39

Alliance Select Foods International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.68	0.66	0.68	1.04	1.39

Competitive Comparison of Alliance Select Foods International's Debt-to-Equity

For the Packaged Foods subindustry, Alliance Select Foods International'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.

Alliance Select Foods International's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Alliance Select Foods International's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Alliance Select Foods International's Debt-to-Equity falls into.

Alliance Select Foods International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Alliance Select Foods International'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
	=	(1316.032	+	1.261)	/	946.22
	=	1.39

Alliance Select Foods International's Debt to Equity Ratio for the quarter 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
	=	(1316.032	+	1.261)	/	946.22
	=	1.39

Alliance Select Foods International (PHS:FOOD) 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.

Alliance Select Foods International Debt-to-Equity Related Terms

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Alliance Select Foods International (PHS:FOOD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Alliance Select Foods International Inc (PHS:FOOD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

A West Tower PSEC Exchange Road, Suite 3104, Ortigas Business District, Pasig, PHL, 1605

Website

http://www.allianceselectfoods.com

Alliance Select Foods International Inc is engaged in tuna processing, canning, and exporting canned tuna products in General Santos City, Philippines. The company's products are exported to Europe, North and South America, Asia, Africa, and the Middle East. It produces and sells fishmeal to the domestic market and traders. Its segments are Tune, Salomon and Rental. The majority of the revenue is derived from the sale of canned tuna. It has a business presence in the Philippines, Indonesia, USA and New Zealand, of which key revenue is derived from the Philippines.

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