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First Gen (PHS:FGEN) Debt-to-Equity : 0.81 (As of Dec. 2024)


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What is First Gen Debt-to-Equity?

First Gen's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₱20,437 Mil. First Gen's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ₱103,628 Mil. First Gen's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ₱153,369 Mil. First Gen's debt to equity for the quarter that ended in Dec. 2024 was 0.81.

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 First Gen's Debt-to-Equity or its related term are showing as below:

PHS:FGEN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.67   Med: 0.86   Max: 1.85
Current: 0.81

During the past 13 years, the highest Debt-to-Equity Ratio of First Gen was 1.85. The lowest was 0.67. And the median was 0.86.

PHS:FGEN's Debt-to-Equity is ranked better than
51.67% of 389 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.85 vs PHS:FGEN: 0.81

First Gen Debt-to-Equity Historical Data

The historical data trend for First Gen'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.

First Gen Debt-to-Equity Chart

First Gen Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.71 0.67 0.68 0.81

First Gen Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.68 0.78 0.78 0.75 0.81

Competitive Comparison of First Gen's Debt-to-Equity

For the Utilities - Renewable subindustry, First Gen'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.


First Gen's Debt-to-Equity Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, First Gen's Debt-to-Equity distribution charts can be found below:

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


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First Gen Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

First Gen's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

First Gen's Debt to Equity Ratio for the quarter that ended in Dec. 2024 is calculated as

* 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.


First Gen  (PHS:FGEN) 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.


First Gen Debt-to-Equity Related Terms

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


First Gen Business Description

Traded in Other Exchanges
N/A
Address
Ortigas Avenue, 6th Floor, Rockwell Business Center, Tower 3, Pasig, PHL, 1604
First Gen Corporation is an independent electric utility company operating in the Philippines. First Gen develops, finances, builds, bids for, and operate power generation projects. The company generates a amount of Filipino energy needs through its portfolio of natural gas, wind, solar, hydro, and geothermal power plants located in the country. Majority of the power generated by First Gen is produced through natural gas and geothermal fuel sources. It operates in six segments: FGPC, FGP, EDC and Subsidiaries, FG Hydro, FNPC, and Prime Meridian. The company only operates in Philippines.