Max's Group (PHS:MAXS) Debt-to-Equity : 0.97 (As of Dec. 2023)

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What is Max's Group Debt-to-Equity?

Max's Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₱1,112 Mil. Max's Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₱4,112 Mil. Max's Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₱5,404 Mil. Max's Group's debt to equity for the quarter that ended in Dec. 2023 was 0.97.

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

PHS:MAXS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.68 Med: 0.91 Max: 1.76
Current: 0.97

During the past 13 years, the highest Debt-to-Equity Ratio of Max's Group was 1.76. The lowest was 0.68. And the median was 0.91.

PHS:MAXS's Debt-to-Equity is ranked worse than
51.49% of 303 companies
in the Restaurants industry
Industry Median: 0.94 vs PHS:MAXS: 0.97

Max's Group Debt-to-Equity Historical Data

The historical data trend for Max's Group'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.

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Max's Group Debt-to-Equity Chart

Max's Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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1.18

1.76

1.36

1.13

0.97

Max's Group 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															1.13	1.16	1.07	1.00	0.97

Competitive Comparison of Max's Group's Debt-to-Equity

For the Restaurants subindustry, Max's Group'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.

Max's Group's Debt-to-Equity Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Max's Group's Debt-to-Equity distribution charts can be found below:

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

Max's Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Max's Group'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
	=	(1111.908	+	4111.516)	/	5404.446
	=	0.97

Max's Group'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
	=	(1111.908	+	4111.516)	/	5404.446
	=	0.97

Max's Group (PHS:MAXS) 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.

Max's Group Debt-to-Equity Related Terms

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

Max's Group (PHS:MAXS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Max's Group Inc (PHS:MAXS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2212 Chino Roces Avenue, 3rd Floor, KDC Plaza, Metro Manila, Makati, PHL, 1230

Website

https://www.maxsgroupinc.com

Max's Group Inc is a Philippines based company engages in the business of catering foods and establishing, operating and maintaining restaurants, coffee shops, refreshments parlors, and cocktail lounges. It offers a diverse cuisine covering American, Filipino, Japanese, Chinese, and French. The company's total revenue is generated by restaurant sales in company-operated restaurants. The remaining revenue comes from franchise fees and commissary sales of goods to franchisees.

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