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SM Investments (PHS:SM) Equity-to-Asset : 0.35 (As of Dec. 2023)


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What is SM Investments Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. SM Investments's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₱556,605 Mil. SM Investments's Total Assets for the quarter that ended in Dec. 2023 was ₱1,586,219 Mil. Therefore, SM Investments's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.35.

The historical rank and industry rank for SM Investments's Equity-to-Asset or its related term are showing as below:

PHS:SM' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.33   Med: 0.34   Max: 0.36
Current: 0.35

During the past 13 years, the highest Equity to Asset Ratio of SM Investments was 0.36. The lowest was 0.33. And the median was 0.34.

PHS:SM's Equity-to-Asset is ranked worse than
63.21% of 1117 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs PHS:SM: 0.35

SM Investments Equity-to-Asset Historical Data

The historical data trend for SM Investments's Equity-to-Asset 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.

SM Investments Equity-to-Asset Chart

SM Investments Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.33 0.33 0.34 0.35

SM Investments Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset 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 0.34 0.35 0.34 0.35 0.35

Competitive Comparison of SM Investments's Equity-to-Asset

For the Department Stores subindustry, SM Investments's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


SM Investments's Equity-to-Asset Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, SM Investments's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where SM Investments's Equity-to-Asset falls into.



SM Investments Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

SM Investments's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=556604.699/1586218.513
=0.35

SM Investments's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=556604.699/1586218.513
=0.35

* 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.


SM Investments  (PHS:SM) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


SM Investments Equity-to-Asset Related Terms

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


SM Investments (PHS:SM) Business Description

Traded in Other Exchanges
Address
OneE-Com Center, Harbor Drive, Mall of Asia Complex, CBP-1A, 10th Floor, Pasay, PHL, 1300
SM Investments Corp is a Philippines conglomerate with operations in retail, banking, and property. The retail division operates department stores and food retail stores. The property division is mainly present in Southeast Asia and is focused on malls, residences, office buildings, resorts, hotels, and convention centers. SM Banking provides financial services through BDO Unibank and China Banking Corporation. China Banking Corporation is servicing emerging companies and small- and medium-scale enterprises. BDO has diverse operations from credit cards, insurance, leasing to investment banking, and asset management. The majority of its revenue comes from the retail segment that engages in the trading of merchandise such as dry goods, wearing apparel, food, and other merchandise.