Premiere Horizon Alliance (PHS:PHA) Debt-to-Equity : 0.33 (As of Dec. 2023)

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What is Premiere Horizon Alliance Debt-to-Equity?

Premiere Horizon Alliance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₱336.6 Mil. Premiere Horizon Alliance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₱389.0 Mil. Premiere Horizon Alliance's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₱2,207.7 Mil. Premiere Horizon Alliance's debt to equity for the quarter that ended in Dec. 2023 was 0.33.

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 Premiere Horizon Alliance's Debt-to-Equity or its related term are showing as below:

PHS:PHA' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.33 Med: 2.02 Max: 6.43
Current: 0.33

During the past 13 years, the highest Debt-to-Equity Ratio of Premiere Horizon Alliance was 6.43. The lowest was 0.33. And the median was 2.02.

PHS:PHA's Debt-to-Equity is ranked better than
70.95% of 1587 companies
in the Real Estate industry
Industry Median: 0.76 vs PHS:PHA: 0.33

Premiere Horizon Alliance Debt-to-Equity Historical Data

The historical data trend for Premiere Horizon Alliance'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.

Premiere Horizon Alliance Debt-to-Equity Chart

Premiere Horizon Alliance Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.70

1.35

0.59

0.48

0.33

Premiere Horizon Alliance 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															0.48	0.58	0.41	0.37	0.33

Competitive Comparison of Premiere Horizon Alliance's Debt-to-Equity

For the Real Estate Services subindustry, Premiere Horizon Alliance'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.

Premiere Horizon Alliance's Debt-to-Equity Distribution in the Real Estate Industry

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

* The bar in red indicates where Premiere Horizon Alliance's Debt-to-Equity falls into.

Premiere Horizon Alliance Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Premiere Horizon Alliance'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
	=	(336.57	+	389.033)	/	2207.736
	=	0.33

Premiere Horizon Alliance'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
	=	(336.57	+	389.033)	/	2207.736
	=	0.33

Premiere Horizon Alliance (PHS:PHA) 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.

Premiere Horizon Alliance Debt-to-Equity Related Terms

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Premiere Horizon Alliance (PHS:PHA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Premiere Horizon Alliance Corp (PHS:PHA) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Exchange Road, Ortigas Center, Unit 1705, 17th Floor, East Tower, Philippine Stock Exchange Center, Metro Manila, Pasig, PHL, 1605

Website

https://www.premierehorizon.com

Premiere Horizon Alliance Corp engages in the business activities relating to entertainment, gaming, hotel, and leisure. The company business segments are Mining, Real estate, Service contract, and others. Its Mining segment pertains to the operations of RCDC (Redstone Construction and Development Corporation) which provides hauling and excavation for mining companies. The company generates maximum revenue from the Real estate segment.