Monde Nissin (PHS:MONDE) Debt-to-Equity : 0.12 (As of Mar. 2024)

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What is Monde Nissin Debt-to-Equity?

Monde Nissin's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱3,240 Mil. Monde Nissin's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱4,432 Mil. Monde Nissin's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₱61,679 Mil. Monde Nissin's debt to equity for the quarter that ended in Mar. 2024 was 0.12.

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

PHS:MONDE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12 Med: 0.2 Max: 2.13
Current: 0.12

During the past 6 years, the highest Debt-to-Equity Ratio of Monde Nissin was 2.13. The lowest was 0.12. And the median was 0.20.

PHS:MONDE's Debt-to-Equity is ranked better than
77.29% of 1647 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs PHS:MONDE: 0.12

Monde Nissin Debt-to-Equity Historical Data

The historical data trend for Monde Nissin'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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Monde Nissin Debt-to-Equity Chart

Monde Nissin Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.11

1.58

0.20

0.24

0.16

Monde Nissin Quarterly Data
	Dec18	Dec19	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													0.21	0.20	0.16	0.16	0.12

Competitive Comparison of Monde Nissin's Debt-to-Equity

For the Packaged Foods subindustry, Monde Nissin'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.

Monde Nissin's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Monde Nissin's Debt-to-Equity distribution charts can be found below:

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

Monde Nissin Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Monde Nissin'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
	=	(2896.708	+	6327.522)	/	58388.484
	=	0.16

Monde Nissin'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
	=	(3240.007	+	4432.138)	/	61678.696
	=	0.12

Monde Nissin (PHS:MONDE) 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.

Monde Nissin Debt-to-Equity Related Terms

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Monde Nissin (PHS:MONDE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Monde Nissin Corp (PHS:MONDE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MNDDF:USA

Address

Felix Reyes Street, Barangay Balibago, Sta Rosa, LAG, PHL, 4026

Website

https://mondenissin.com

Monde Nissin Corp is engaged in the food manufacturing industry in the Philippines. Its portfolio comprises Asia-Pacific Branded Food and Beverage (APAC BFB) Business and Meat Alternative Business. The APAC BFB Business consists of three product groups: instant noodles, biscuits, and other products (such as beverages, baked goods, and culinary aids). Its Meat Alternative Business sells its products globally under Quorn Foods and the Quorn brand. Geographically the company operates in the Philippines, Thailand, New Zealand, Singapore, and the United Kingdom.

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