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MRC Allied (PHS:MRC) Debt-to-Equity : 0.02 (As of Mar. 2024)


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What is MRC Allied Debt-to-Equity?

MRC Allied's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱25.00 Mil. MRC Allied's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱0.00 Mil. MRC Allied's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₱1,189.47 Mil. MRC Allied's debt to equity for the quarter that ended in Mar. 2024 was 0.02.

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 MRC Allied's Debt-to-Equity or its related term are showing as below:

PHS:MRC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.04   Max: 0.21
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of MRC Allied was 0.21. The lowest was 0.02. And the median was 0.04.

PHS:MRC's Debt-to-Equity is ranked better than
97.09% of 1579 companies
in the Real Estate industry
Industry Median: 0.75 vs PHS:MRC: 0.02

MRC Allied Debt-to-Equity Historical Data

The historical data trend for MRC Allied'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.

MRC Allied Debt-to-Equity Chart

MRC Allied 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 0.12 0.02 0.02 0.02 0.02

MRC Allied 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 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 0.02 0.02 0.02 0.02 0.02

Competitive Comparison of MRC Allied's Debt-to-Equity

For the Real Estate - Development subindustry, MRC Allied'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.


MRC Allied's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, MRC Allied's Debt-to-Equity distribution charts can be found below:

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



MRC Allied Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

MRC Allied's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

MRC Allied's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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.


MRC Allied  (PHS:MRC) 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.


MRC Allied Debt-to-Equity Related Terms

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


MRC Allied (PHS:MRC) Business Description

Traded in Other Exchanges
N/A
Address
106 Carlos Palanca Street, 4th Floor, Spirit of Communications Building, Legazpi Village, Makati, PHL, 1229
MRC Allied Inc is an investment holding company. It operates through the following segments: Development and Sale of real estate projects; Mining activities; and Renewable energy. The company is also engaged in the development of master-planned, integrated residential, commercial, recreational, tourism, and industrial areas within a single community or township. Its projects include MRC Tampakan, MRC Surigao, MRC Davao, MRC Boston-Cateel, and others.