East Coast Vulcan (PHS:ECVC) Debt-to-Equity : 0.35 (As of Mar. 2024)

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What is East Coast Vulcan Debt-to-Equity?

East Coast Vulcan's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱458.0 Mil. East Coast Vulcan's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱0.0 Mil. East Coast Vulcan's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₱1,325.0 Mil. East Coast Vulcan's debt to equity for the quarter that ended in Mar. 2024 was 0.35.

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 East Coast Vulcan's Debt-to-Equity or its related term are showing as below:

PHS:ECVC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.3 Max: 0.38
Current: 0.35

During the past 13 years, the highest Debt-to-Equity Ratio of East Coast Vulcan was 0.38. The lowest was 0.10. And the median was 0.30.

PHS:ECVC's Debt-to-Equity is ranked worse than
68.17% of 1310 companies
in the Metals & Mining industry
Industry Median: 0.13 vs PHS:ECVC: 0.35

East Coast Vulcan Debt-to-Equity Historical Data

The historical data trend for East Coast Vulcan'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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East Coast Vulcan Debt-to-Equity Chart

East Coast Vulcan Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.28

0.13

0.31

East Coast Vulcan 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															-	0.10	0.38	0.31	0.35

Competitive Comparison of East Coast Vulcan's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, East Coast Vulcan'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.

East Coast Vulcan's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, East Coast Vulcan's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where East Coast Vulcan's Debt-to-Equity falls into.

East Coast Vulcan Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

East Coast Vulcan'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
	=	(412.72	+	0)	/	1349.04
	=	0.31

East Coast Vulcan'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
	=	(457.957	+	0)	/	1324.978
	=	0.35

East Coast Vulcan (PHS:ECVC) 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.

East Coast Vulcan Debt-to-Equity Related Terms

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

East Coast Vulcan (PHS:ECVC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » East Coast Vulcan Corp (PHS:ECVC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Makati Avenue corner Senator, Gil Puyat Avenue, 4th Floor, Pacific Star Building, Low Rise Tower, Metro Manila, Makati, PHL, 1209

Website

https://www.vulcanminingcorp.com

East Coast Vulcan Corp, formerly Vulcan Industrial & Mining Corp is not having any commercial operation and operates in the holding segment. The firm is involved in finding, developing, and producing oil and gas reserves and other mineral properties. It is also engaged in rock aggregate quarrying, crushing, and marketing. The company is a participant in several service contracts, mineral production sharing agreements, and geophysical survey and exploration contracts. It has undertaken two projects namely, the Marian Project and Negros Copper Projects.

East Coast Vulcan (PHS:ECVC) Headlines

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