Ionics (PHS:ION) Debt-to-Equity : 0.38 (As of Mar. 2024)

View and export this data going back to 1995. Start your Free Trial

What is Ionics Debt-to-Equity?

Ionics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱926 Mil. Ionics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱516 Mil. Ionics's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₱3,773 Mil. Ionics's debt to equity for the quarter that ended in Mar. 2024 was 0.38.

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

PHS:ION' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.16 Max: 0.55
Current: 0.38

During the past 13 years, the highest Debt-to-Equity Ratio of Ionics was 0.55. The lowest was 0.01. And the median was 0.16.

PHS:ION's Debt-to-Equity is ranked better than
61.44% of 472 companies
in the Conglomerates industry
Industry Median: 0.56 vs PHS:ION: 0.38

Ionics Debt-to-Equity Historical Data

The historical data trend for Ionics'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.

Ionics Debt-to-Equity Chart

Ionics Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.17

0.26

0.39

0.48

0.40

Ionics 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															0.55	0.44	0.42	0.40	0.38

Competitive Comparison of Ionics's Debt-to-Equity

For the Conglomerates subindustry, Ionics'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.

Ionics's Debt-to-Equity Distribution in the Conglomerates Industry

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

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

Ionics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ionics'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
	=	(933.128	+	561.105)	/	3709.051
	=	0.40

Ionics'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
	=	(925.655	+	515.862)	/	3772.832
	=	0.38

Ionics (PHS:ION) 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.

Ionics Debt-to-Equity Related Terms

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

Ionics (PHS:ION) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Ionics Inc (PHS:ION) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Circuit Street, Light Industry and Science Park of the Philippines-I, Bo. Diezmo, Cabuyao, LAG, PHL, 4025

Website

http://www.ionicsgroup.com

Ionics Inc engages in the designing and manufacturing of electronic products, plastic injection molding, property holdings, and management. The company's operating segment includes Computer Peripheral; Telecom; Automotive; Consumer Electronics; Real Estate and Others. It generates maximum revenue from the Consumer Electronics segment. The Consumer Electronics segment, designs, builds, ships, and provides logistics services for its customers in the digital media devices, digital television capture, and audio products industries. Geographically, it derives a majority of its revenue from Asia and also has a presence in Europe and North America.