Axelum Resources (PHS:AXLM) Debt-to-Equity : 0.08 (As of Sep. 2024)

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What is Axelum Resources Debt-to-Equity?

Axelum Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₱836 Mil. Axelum Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₱3 Mil. Axelum Resources's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₱10,327 Mil. Axelum Resources's debt to equity for the quarter that ended in Sep. 2024 was 0.08.

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 Axelum Resources's Debt-to-Equity or its related term are showing as below:

PHS:AXLM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.08 Max: 1.04
Current: 0.08

During the past 9 years, the highest Debt-to-Equity Ratio of Axelum Resources was 1.04. The lowest was 0.03. And the median was 0.08.

PHS:AXLM's Debt-to-Equity is ranked better than
83.28% of 1657 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs PHS:AXLM: 0.08

Axelum Resources Debt-to-Equity Historical Data

The historical data trend for Axelum Resources'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.

Axelum Resources Debt-to-Equity Chart

Axelum Resources Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.19

0.11

0.03

0.05

0.08

Axelum Resources Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															0.09	0.08	0.08	0.09	0.08

Competitive Comparison of Axelum Resources's Debt-to-Equity

For the Packaged Foods subindustry, Axelum Resources'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.

Axelum Resources's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Axelum Resources's Debt-to-Equity distribution charts can be found below:

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

Axelum Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Axelum Resources'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
	=	(811.985	+	3.045)	/	9953.971
	=	0.08

Axelum Resources's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(835.691	+	3.082)	/	10326.506
	=	0.08

Axelum Resources (PHS:AXLM) 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.

Axelum Resources Debt-to-Equity Related Terms

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Axelum Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Axelum Resources Corp (PHS:AXLM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tiano-Montalvan Streets, ICS Building, Cagayan de Oro, MSR, PHL, 9000

Website

https://www.axelum.ph

Axelum Resources Corp is engaged in the manufacturing and distributing of high-quality coconut products which are mostly distributed to domestic and international food and beverage companies, confectioneries, bakeries, private label supermarkets and grocery store chains, food service industries, and nutritional and personal care brands. The company's product segments are divided into coconut water, white meat (Desiccated coconut, Coconut milk powder, Coconut cream/milk, sweetened coconut), and by-products. Geographically, it derives a majority of its revenue from the Philippines and also has a presence in the United States of America and Australia.