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Ionics (PHS:ION) Debt-to-Equity : 0.40 (As of Dec. 2023)


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What is Ionics Debt-to-Equity?

Ionics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₱930 Mil. Ionics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₱559 Mil. Ionics's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₱3,698 Mil. Ionics's debt to equity for the quarter that ended in Dec. 2023 was 0.40.

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: 0.17   Max: 0.48
Current: 0.4

During the past 13 years, the highest Debt-to-Equity Ratio of Ionics was 0.48. The lowest was 0.01. And the median was 0.17.

PHS:ION's Debt-to-Equity is ranked better than
59.83% of 473 companies
in the Conglomerates industry
Industry Median: 0.56 vs PHS:ION: 0.40

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 Premium Member Only Premium Member Only 0.17 0.26 0.39 0.48 0.40

Ionics 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.48 0.55 0.44 0.42 0.40

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

Ionics's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


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

Traded in Other Exchanges
N/A
Address
Circuit Street, Light Industry and Science Park of the Philippines-I, Bo. Diezmo, Cabuyao, LAG, PHL, 4025
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.

Ionics (PHS:ION) Headlines