Manila Bulletin Publishing (PHS:MB) Debt-to-Equity : 0.24 (As of Mar. 2024)

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What is Manila Bulletin Publishing Debt-to-Equity?

Manila Bulletin Publishing's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱415.7 Mil. Manila Bulletin Publishing's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱1,000.0 Mil. Manila Bulletin Publishing's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₱5,802.3 Mil. Manila Bulletin Publishing's debt to equity for the quarter that ended in Mar. 2024 was 0.24.

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 Manila Bulletin Publishing's Debt-to-Equity or its related term are showing as below:

PHS:MB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.14 Med: 0.39 Max: 0.44
Current: 0.24

During the past 13 years, the highest Debt-to-Equity Ratio of Manila Bulletin Publishing was 0.44. The lowest was 0.14. And the median was 0.39.

PHS:MB's Debt-to-Equity is ranked better than
55.22% of 833 companies
in the Media - Diversified industry
Industry Median: 0.29 vs PHS:MB: 0.24

Manila Bulletin Publishing Debt-to-Equity Historical Data

The historical data trend for Manila Bulletin Publishing'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.

Manila Bulletin Publishing Debt-to-Equity Chart

Manila Bulletin Publishing Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.44

0.25

Manila Bulletin Publishing 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															0.40	0.39	0.39	0.25	0.24

Competitive Comparison of Manila Bulletin Publishing's Debt-to-Equity

For the Publishing subindustry, Manila Bulletin Publishing'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.

Manila Bulletin Publishing's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Manila Bulletin Publishing's Debt-to-Equity distribution charts can be found below:

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

Manila Bulletin Publishing Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Manila Bulletin Publishing'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
	=	(418	+	1000)	/	5795.376
	=	0.24

Manila Bulletin Publishing'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
	=	(415.667	+	1000)	/	5802.288
	=	0.24

Manila Bulletin Publishing (PHS:MB) 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.

Manila Bulletin Publishing Debt-to-Equity Related Terms

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Manila Bulletin Publishing (PHS:MB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Manila Bulletin Publishing Corp (PHS:MB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Manila Bulletin Building, Muralla corner Recoletos Streets, Intramuros, P.O. Box 769, Manila, PHL, 0900

Website

https://www.mb.com.ph

Manila Bulletin Publishing Corp is a Philippines-based company. The company is in the business of providing newspapers and various magazines. The company publishes its newspaper seven days a week. Its magazine section provides an agriculture magazine, which tells articles regarding trends in farming, fishing, crop propagation, and livestock raising, cruising magazine, which tells about local tourism, animal scene magazine, which gives information regarding breeding information, addresses veterinary concerns, and advice on care, and sense and style magazine, which gives information of the fashion and beauty, food and dining, and shopping ideas. The company earns maximum revenue from advertising and circulation.