Concepcion Industrial (PHS:CIC) Debt-to-Equity : 0.07 (As of Mar. 2024)

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What is Concepcion Industrial Debt-to-Equity?

Concepcion Industrial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱140 Mil. Concepcion Industrial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱203 Mil. Concepcion Industrial's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₱4,850 Mil. Concepcion Industrial's debt to equity for the quarter that ended in Mar. 2024 was 0.07.

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 Concepcion Industrial's Debt-to-Equity or its related term are showing as below:

PHS:CIC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.11 Max: 0.39
Current: 0.07

During the past 13 years, the highest Debt-to-Equity Ratio of Concepcion Industrial was 0.39. The lowest was 0.01. And the median was 0.11.

PHS:CIC's Debt-to-Equity is ranked better than
79.12% of 2193 companies
in the Hardware industry
Industry Median: 0.29 vs PHS:CIC: 0.07

Concepcion Industrial Debt-to-Equity Historical Data

The historical data trend for Concepcion Industrial'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.

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Concepcion Industrial Debt-to-Equity Chart

Concepcion Industrial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.13

0.14

0.10

0.08

Concepcion Industrial 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															0.06	0.09	0.09	0.08	0.07

Competitive Comparison of Concepcion Industrial's Debt-to-Equity

For the Consumer Electronics subindustry, Concepcion Industrial'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.

Concepcion Industrial's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Concepcion Industrial's Debt-to-Equity distribution charts can be found below:

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

Concepcion Industrial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Concepcion Industrial'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
	=	(195.904	+	181.282)	/	5039.102
	=	0.07

Concepcion Industrial'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
	=	(139.688	+	203.053)	/	4849.907
	=	0.07

Concepcion Industrial (PHS:CIC) 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.

Concepcion Industrial Debt-to-Equity Related Terms

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

Concepcion Industrial (PHS:CIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Concepcion Industrial Corp (PHS:CIC) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

308 Sen. Gil Puyat Avenue, Metro Manila, Makati City, PHL, 1209

Website

https://www.cic.ph

Concepcion Industrial Corp, through its subsidiaries, is engaged in supplying refrigerators, small domestic appliances, and building solutions such as elevators and escalators. The segments of the group are consumer business and commercial business. It offers products under the Carrier, Toshiba, Condura, Kelvinator, Midea, and Otis brand names. The company generates revenues primarily from sales of its air conditioning units and refrigeration units through its subsidiaries CCAC and CDI.

Concepcion Industrial (PHS:CIC) Headlines

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