Shell Pilipinas (PHS:SHLPH) Debt-to-Equity : 1.99 (As of Dec. 2023)

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What is Shell Pilipinas Debt-to-Equity?

Shell Pilipinas's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₱26,990 Mil. Shell Pilipinas's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₱33,266 Mil. Shell Pilipinas's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₱30,282 Mil. Shell Pilipinas's debt to equity for the quarter that ended in Dec. 2023 was 1.99.

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 Shell Pilipinas's Debt-to-Equity or its related term are showing as below:

PHS:SHLPH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.32 Med: 0.77 Max: 1.99
Current: 1.99

During the past 10 years, the highest Debt-to-Equity Ratio of Shell Pilipinas was 1.99. The lowest was 0.32. And the median was 0.77.

PHS:SHLPH's Debt-to-Equity is ranked worse than
89.7% of 835 companies
in the Oil & Gas industry
Industry Median: 0.44 vs PHS:SHLPH: 1.99

Shell Pilipinas Debt-to-Equity Historical Data

The historical data trend for Shell Pilipinas'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.

Shell Pilipinas Debt-to-Equity Chart

Shell Pilipinas Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.77

1.54

1.56

1.83

1.99

Shell Pilipinas 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															1.83	2.03	2.09	1.93	1.99

Competitive Comparison of Shell Pilipinas's Debt-to-Equity

For the Oil & Gas Refining & Marketing subindustry, Shell Pilipinas'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.

Shell Pilipinas's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Shell Pilipinas's Debt-to-Equity distribution charts can be found below:

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

Shell Pilipinas Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Shell Pilipinas'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
	=	(26990.02	+	33266.086)	/	30281.689
	=	1.99

Shell Pilipinas'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
	=	(26990.02	+	33266.086)	/	30281.689
	=	1.99

Shell Pilipinas (PHS:SHLPH) 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.

Shell Pilipinas Debt-to-Equity Related Terms

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

Shell Pilipinas (PHS:SHLPH) Business Description

Industry

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Address

26th Street Corner 9th Avenue, 41st Floor, The Finance Center, Bonifacio Global City, Brgy. Fort Bonifacio, Metro Manila, Taguig City, RIZ, PHL, 1635

Website

https://www.pilipinas.shell.com.ph

Shell Pilipinas Corp formerly Pilipinas Shell Petroleum Corp is engaged in the marketing of petroleum products. Its integrated downstream operations span all aspects of the downstream product supply chain, from importing crude oil to distributing petroleum products to its customers across the Philippines. The company offers products such as gasoline, diesel, fuel oil, aviation fuel, marine fuel, lubricants, and bitumen. It solely operates in the Downstream Oil and Gas segment.

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