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San Miguel (San Miguel) Debt-to-Equity : 4.63 (As of Dec. 2023)


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What is San Miguel Debt-to-Equity?

San Miguel's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $8,179 Mil. San Miguel's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $17,200 Mil. San Miguel's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $5,487 Mil. San Miguel's debt to equity for the quarter that ended in Dec. 2023 was 4.62.

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 San Miguel's Debt-to-Equity or its related term are showing as below:

SMGBF' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.35   Med: 2.9   Max: 5.03
Current: 4.63

During the past 13 years, the highest Debt-to-Equity Ratio of San Miguel was 5.03. The lowest was 2.35. And the median was 2.90.

SMGBF's Debt-to-Equity is ranked worse than
95.76% of 472 companies
in the Conglomerates industry
Industry Median: 0.555 vs SMGBF: 4.63

San Miguel Debt-to-Equity Historical Data

The historical data trend for San Miguel'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.

San Miguel Debt-to-Equity Chart

San Miguel 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 2.99 2.89 3.37 5.03 4.63

San Miguel Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 5.03 4.65 5.04 5.13 4.63

Competitive Comparison of San Miguel's Debt-to-Equity

For the Conglomerates subindustry, San Miguel'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.


San Miguel's Debt-to-Equity Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, San Miguel's Debt-to-Equity distribution charts can be found below:

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



San Miguel Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

San Miguel's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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.


San Miguel  (OTCPK:SMGBF) 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.


San Miguel Debt-to-Equity Related Terms

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


San Miguel (San Miguel) Business Description

Address
No. 40 San Miguel Avenue, Metro Manila, P.O. Box 271, Manila Central Post Office, Mandaluyong, PHL, 1550
San Miguel Corp is a holding company based in the Philippines. The company's operating segments include food and beverage; packaging; energy; fuel and oil; and infrastructure. The company generates a majority of its revenue from the fuel and oil segments. The fuel and oil segment is engaged in refining crude oil and marketing and distribution of refined petroleum products.

San Miguel (San Miguel) Headlines

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