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Forum Pacific (PHS:FPI) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Forum Pacific Debt-to-Equity?

Forum Pacific's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱0.05 Mil. Forum Pacific's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱0.00 Mil. Forum Pacific's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₱333.94 Mil. Forum Pacific's debt to equity for the quarter that ended in Mar. 2024 was 0.00.

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 Forum Pacific's Debt-to-Equity or its related term are showing as below:

PHS:FPI's Debt-to-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.12
* Ranked among companies with meaningful Debt-to-Equity only.

Forum Pacific Debt-to-Equity Historical Data

The historical data trend for Forum Pacific'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.

Forum Pacific Debt-to-Equity Chart

Forum Pacific Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
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Forum Pacific Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Forum Pacific's Debt-to-Equity

For the Shell Companies subindustry, Forum Pacific'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.


Forum Pacific's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Forum Pacific's Debt-to-Equity distribution charts can be found below:

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



Forum Pacific Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Forum Pacific's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Forum Pacific's Debt to Equity Ratio for the quarter that ended in Mar. 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.


Forum Pacific  (PHS:FPI) 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.


Forum Pacific Debt-to-Equity Related Terms

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


Forum Pacific (PHS:FPI) Business Description

Traded in Other Exchanges
N/A
Address
Dona Julia Vargas Avenue, 35th Floor, One Corporate Center, Corner Meralco Avenue, Ortigas Center, Pasig City, PHL, 1605
Forum Pacific Inc is Philippines based company engaged in investing, purchasing and acquiring assets of any kind and description with the secondary purpose of engaging in the exploration, development, and production of petroleum and related products as well as other mineral and chemical substance.