Top Line Business Development (PHS:TOP) Debt-to-Asset : 0.63 (As of Mar. 2026)


PHS:TOP Top Line Business Development Corp PHS:TOP
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What is Top Line Business Development Debt-to-Asset?

Top Line Business Development PHS:TOP +0.61% 5 Debt-to-Asset is 0.63 as of Mar. 2026. GuruFocus rates PHS:TOP with a GF Score™ of 5/100. The stock has 2 warning signs investors should review.

Top Line Business Development's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₱2,524 Mil. Top Line Business Development's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₱831 Mil. Top Line Business Development's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2026 was ₱5,339 Mil. Top Line Business Development's debt to asset for the quarter that ended in Mar. 2026 was 0.63.

Top Line Business Development  (PHS:TOP) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Top Line Business Development Debt-to-Asset Related Terms

Top Line Business Development Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Top Line Business Development's Debt-to-Asset 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.

Top Line Business Development Debt-to-Asset Chart

Top Line Business Development Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
0.72 0.61 0.63 0.66 0.65

Top Line Business Development Quarterly Data
Dec21 Dec22 Sep23 Dec23 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.58 0.61 0.65 0.63

PHS:TOP vs CASY, WSM, DKS: Debt-to-Asset Comparison

For the Specialty Retail subindustry, Top Line Business Development's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Top Line Business Development Debt-to-Asset vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Top Line Business Development's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Top Line Business Development's Debt-to-Asset falls into.


PHS:TOP
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Top Line Business Development Corp PHS:TOP
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Top Line Business Development Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Top Line Business Development's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(2451.082 + 824.145) / 5026.372
=0.65

Top Line Business Development's Debt-to-Asset for the quarter that ended in Mar. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(2524.065 + 830.639) / 5338.769
=0.63

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.63 mean?
Top Line Business Development (PHS:TOP) has a Debt-to-Asset of 0.63 as of Mar. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Top Line Business Development and its competitors.
Is Top Line Business Development's Debt-to-Asset too high?
Top Line Business Development's current Debt-to-Asset is 0.63. Overall, Top Line Business Development has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.
How does Top Line Business Development's Debt-to-Asset compare to CASY and WSM?
Top Line Business Development's Debt-to-Asset of 0.63 can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Retail - Cyclical company?
A good Debt-to-Asset depends on the Retail - Cyclical industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Top Line Business Development and its competitors. Top Line Business Development's current Debt-to-Asset is 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Line Business Development stock overvalued right now?
Top Line Business Development (PHS:TOP) has a current Debt-to-Asset of 0.63. The current Debt-to-Asset is 0.63. Top Line Business Development's overall GF Score™ is 5/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Top Line Business Development (PHS:TOP), the current Debt-to-Asset is 0.63 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Top Line Business Development Business Description

Address Mindanao Avenue, 19th Floor, Latitude Corporate Center, Cebu Business Park, Barangay Luz, Cebu, PHL, 6000
Top Line Business Development Corp is providing consistent and reliable fuel solutions that power industries with efficiency and sustainability. It is mainly focused on its vertically integrated liquid fuels business, with an emphasis on the underserved Central Visayas region. The company is engaged in the business of petroleum and petroleum products, mineral oils, and other sources of energy.
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