Synergy Grid & Development Philippines (PHS:SGP) Debt-to-Equity

: 1.92 (As of Dec. 2023)

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Synergy Grid & Development Philippines's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₱23,968 Mil. Synergy Grid & Development Philippines's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₱169,941 Mil. Synergy Grid & Development Philippines's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₱101,001 Mil. Synergy Grid & Development Philippines's debt to equity for the quarter that ended in Dec. 2023 was 1.92.

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 Synergy Grid & Development Philippines's Debt-to-Equity or its related term are showing as below:

PHS:SGP' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.81 Med: 1.88 Max: 2.11
Current: 1.92

During the past 13 years, the highest Debt-to-Equity Ratio of Synergy Grid & Development Philippines was 2.11. The lowest was 1.81. And the median was 1.88.

PHS:SGP's Debt-to-Equity is ranked worse than
87.74% of 473 companies
in the Conglomerates industry
Industry Median: 0.55 vs PHS:SGP: 1.92

Synergy Grid & Development Philippines Debt-to-Equity Historical Data

The historical data trend for Synergy Grid & Development Philippines'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.

Synergy Grid & Development Philippines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

2.11

1.83

1.81

1.92

Synergy Grid & Development Philippines 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																1.81	1.92	1.97	1.92	1.92

Competitive Comparison

For the Conglomerates subindustry, Synergy Grid & Development Philippines'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.

Synergy Grid & Development Philippines Debt-to-Equity Distribution

For the Conglomerates industry and Industrials sector, Synergy Grid & Development Philippines's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Synergy Grid & Development Philippines's Debt-to-Equity falls into.

Synergy Grid & Development Philippines Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Synergy Grid & Development Philippines'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
	=	(23968.357	+	169940.799)	/	101000.6
	=	1.92

Synergy Grid & Development Philippines'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
	=	(23968.357	+	169940.799)	/	101000.6
	=	1.92

Synergy Grid & Development Philippines (PHS:SGP) 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.

Synergy Grid & Development Philippines Debt-to-Equity Related Terms

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Synergy Grid & Development Philippines (PHS:SGP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Synergy Grid & Development Philippines Inc (PHS:SGP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Condominium Pearl Drive, 1607, 16th Floor, Tycoon Center Building, Metro Manila, Pasig, PHL, 1605

Website

https://www.synergygrid.ph

Synergy Grid & Development Philippines Inc is engaged in providing management consulting and financial advisory services. It also derives its income from Interest income from cash deposits with the bank and short-term money placements and Dividend income from the National Grid Corporation of the Philippines. The Group has only one operating segment which is the transmission business.

Synergy Grid & Development Philippines (PHS:SGP) Headlines

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