MerryMart Consumer (PHS:MM) Debt-to-Equity : 3.08 (As of Sep. 2023)

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What is MerryMart Consumer Debt-to-Equity?

MerryMart Consumer's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₱3,922 Mil. MerryMart Consumer's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₱3,089 Mil. MerryMart Consumer's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₱2,280 Mil. MerryMart Consumer's debt to equity for the quarter that ended in Sep. 2023 was 3.08.

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

PHS:MM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.47 Med: 1.93 Max: 3.26
Current: 3.08

During the past 7 years, the highest Debt-to-Equity Ratio of MerryMart Consumer was 3.26. The lowest was 0.47. And the median was 1.93.

PHS:MM's Debt-to-Equity is ranked worse than
90.58% of 276 companies
in the Retail - Defensive industry
Industry Median: 0.64 vs PHS:MM: 3.08

MerryMart Consumer Debt-to-Equity Historical Data

The historical data trend for MerryMart Consumer'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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MerryMart Consumer Debt-to-Equity Chart

MerryMart Consumer Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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2.47

0.58

1.93

2.05

MerryMart Consumer Quarterly Data
	Dec17	Dec18	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															2.51	2.05	3.17	3.26	3.08

Competitive Comparison of MerryMart Consumer's Debt-to-Equity

For the Grocery Stores subindustry, MerryMart Consumer'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.

MerryMart Consumer's Debt-to-Equity Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, MerryMart Consumer's Debt-to-Equity distribution charts can be found below:

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

MerryMart Consumer Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

MerryMart Consumer's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(1957.182	+	2655.262)	/	2253.805
	=	2.05

MerryMart Consumer's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(3922.273	+	3088.583)	/	2279.755
	=	3.08

MerryMart Consumer (PHS:MM) 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.

MerryMart Consumer Debt-to-Equity Related Terms

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MerryMart Consumer (PHS:MM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » MerryMart Consumer Corp (PHS:MM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

DD Meridian Park Corner Macapagal Avenue and Edsa Extension, 9th Floor, Tower 1, DoubleDragon Plaza, Bay Area, Pasay, PHL, 1302

Website

https://www.merrymart.com.ph

MerryMart Consumer Corp is an emerging consumer-focused retail company. It is engaged in the operation of retail stores in the supermarket and household essentials category. It operates through Four divisions namely, MerryMart Grocery; MerryMart Market; and MerryMart Store, MerryMart Wholesale. It generates revenues from trading and selling goods and consumer products on a wholesale or retail basis.

MerryMart Consumer (PHS:MM) Headlines

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