Cemex Holdings Philippines (PHS:CHP) Debt-to-Equity : 0.25 (As of Mar. 2024)

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What is Cemex Holdings Philippines Debt-to-Equity?

Cemex Holdings Philippines's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱2,093 Mil. Cemex Holdings Philippines's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱8,223 Mil. Cemex Holdings Philippines's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₱41,239 Mil. Cemex Holdings Philippines's debt to equity for the quarter that ended in Mar. 2024 was 0.25.

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 Cemex Holdings Philippines's Debt-to-Equity or its related term are showing as below:

PHS:CHP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22 Med: 0.32 Max: 0.56
Current: 0.25

During the past 11 years, the highest Debt-to-Equity Ratio of Cemex Holdings Philippines was 0.56. The lowest was 0.22. And the median was 0.32.

PHS:CHP's Debt-to-Equity is ranked better than
62.89% of 353 companies
in the Building Materials industry
Industry Median: 0.38 vs PHS:CHP: 0.25

Cemex Holdings Philippines Debt-to-Equity Historical Data

The historical data trend for Cemex Holdings 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.

Cemex Holdings Philippines Debt-to-Equity Chart

Cemex Holdings Philippines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.46

0.30

0.24

0.25

0.22

Cemex Holdings Philippines 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															0.25	0.25	0.23	0.22	0.25

Competitive Comparison of Cemex Holdings Philippines's Debt-to-Equity

For the Building Materials subindustry, Cemex Holdings 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.

Cemex Holdings Philippines's Debt-to-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Cemex Holdings Philippines's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Cemex Holdings Philippines's Debt-to-Equity falls into.

Cemex Holdings Philippines Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cemex Holdings 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
	=	(824.177	+	8491.194)	/	41995.2
	=	0.22

Cemex Holdings Philippines'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
	=	(2092.756	+	8222.799)	/	41238.907
	=	0.25

Cemex Holdings Philippines (PHS:CHP) 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.

Cemex Holdings Philippines Debt-to-Equity Related Terms

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

Cemex Holdings Philippines (PHS:CHP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Cemex Holdings Philippines Inc (PHS:CHP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

358 Sen. Gil. J. Puyat Avenue, 34th Floor Petron Mega Plaza Building, Makati, PHL, 1200

Website

https://www.cemexholdingsphilippines.com

Cemex Holdings Philippines Inc is a holding company engaged in manufacturing and marketing cement products such as ready-mix concrete and clinker, in the Philippines. The company primarily sells gray portland cement, masonry, blended cement, and ready-mix concrete. It also offers bag cement and bulk cement. The company markets its products under the brand name APO, Island, and Rizal.

Cemex Holdings Philippines (PHS:CHP) Headlines

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