GT Capital Holdings (PHS:GTCAP) Debt-to-Equity : 0.59 (As of Dec. 2023)

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What is GT Capital Holdings Debt-to-Equity?

GT Capital Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₱41,236 Mil. GT Capital Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₱95,861 Mil. GT Capital Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₱231,441 Mil. GT Capital Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.59.

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 GT Capital Holdings's Debt-to-Equity or its related term are showing as below:

PHS:GTCAP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.59 Med: 0.75 Max: 1.31
Current: 0.59

During the past 13 years, the highest Debt-to-Equity Ratio of GT Capital Holdings was 1.31. The lowest was 0.59. And the median was 0.75.

PHS:GTCAP's Debt-to-Equity is ranked worse than
58.2% of 1177 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs PHS:GTCAP: 0.59

GT Capital Holdings Debt-to-Equity Historical Data

The historical data trend for GT Capital Holdings'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.

GT Capital Holdings Debt-to-Equity Chart

GT Capital Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.70

0.78

0.73

0.75

0.59

GT Capital Holdings 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															0.75	0.70	0.60	0.57	0.59

Competitive Comparison of GT Capital Holdings's Debt-to-Equity

For the Auto Manufacturers subindustry, GT Capital Holdings'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.

GT Capital Holdings's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, GT Capital Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where GT Capital Holdings's Debt-to-Equity falls into.

GT Capital Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GT Capital Holdings'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
	=	(41236	+	95861)	/	231441
	=	0.59

GT Capital Holdings's Debt to Equity Ratio for the quarter 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
	=	(41236	+	95861)	/	231441
	=	0.59

GT Capital Holdings (PHS:GTCAP) 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.

GT Capital Holdings Debt-to-Equity Related Terms

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

GT Capital Holdings (PHS:GTCAP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » GT Capital Holdings Inc (PHS:GTCAP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

GTPPB.PFD:Philippines

Address

H.V. Dela Costa Street, 43rd Floor, 6813 Ayala Avenue Corner, GT Tower International, Metro Manila, Makati, PHL, 1227

Website

https://www.gtcapital.com.ph

GT Capital Holdings Inc is a conglomerate owning interests in the banking, auto assembly and dealerships, property development, insurance, infrastructure, and healthcare sectors. The holdings include stakes in Metrobank, Toyota dealerships and financial services, Toyota Manila Bay Group, GT Capital Auto dealerships, Federal Land, Pro-Friends, AXA, and Metro Pacific. Automotive is the largest segment by net income. The company and its holdings operate primarily in the Philippines.

GT Capital Holdings (PHS:GTCAP) Headlines

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