Philip Morris (Pakistan) (KAR:PMPK) Debt-to-Equity : 0.27 (As of Mar. 2024)

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What is Philip Morris (Pakistan) Debt-to-Equity?

Philip Morris (Pakistan)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₨4,039 Mil. Philip Morris (Pakistan)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₨273 Mil. Philip Morris (Pakistan)'s Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₨16,033 Mil. Philip Morris (Pakistan)'s debt to equity for the quarter that ended in Mar. 2024 was 0.27.

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 Philip Morris (Pakistan)'s Debt-to-Equity or its related term are showing as below:

KAR:PMPK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.12 Max: 5.4
Current: 0.27

During the past 13 years, the highest Debt-to-Equity Ratio of Philip Morris (Pakistan) was 5.40. The lowest was 0.00. And the median was 0.12.

KAR:PMPK's Debt-to-Equity is ranked worse than
54.29% of 35 companies
in the Tobacco Products industry
Industry Median: 0.26 vs KAR:PMPK: 0.27

Philip Morris (Pakistan) Debt-to-Equity Historical Data

The historical data trend for Philip Morris (Pakistan)'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.

Philip Morris (Pakistan) Debt-to-Equity Chart

Philip Morris (Pakistan) Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.23

0.11

0.09

0.16

0.21

Philip Morris (Pakistan) Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.18	0.15	0.10	0.21	0.27

Competitive Comparison of Philip Morris (Pakistan)'s Debt-to-Equity

For the Tobacco subindustry, Philip Morris (Pakistan)'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.

Philip Morris (Pakistan)'s Debt-to-Equity Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Philip Morris (Pakistan)'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Philip Morris (Pakistan)'s Debt-to-Equity falls into.

Philip Morris (Pakistan) Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Philip Morris (Pakistan)'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
	=	(3068.436	+	265.035)	/	15594.823
	=	0.21

Philip Morris (Pakistan)'s Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
	=	(4039.341	+	273.353)	/	16032.87
	=	0.27

Philip Morris (Pakistan) (KAR:PMPK) 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.

Philip Morris (Pakistan) Debt-to-Equity Related Terms

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Philip Morris (Pakistan) (KAR:PMPK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » Philip Morris (Pakistan) Ltd (KAR:PMPK) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Plot HC-3, Block 4, Corporate Office Block, Office 04 & 05, 5th Floor, Dolmen City, Clifton, Karachi, SD, PAK, 75600

Website

https://www.pmi.com

Philip Morris (Pakistan) Ltd is a cigarette manufacturing company engaged in the manufacture, distribution, and sale of cigarettes, tobacco products, and other smoke-free products in Pakistan.

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