SOCResources (PHS:SOC) Debt-to-Equity : 0.00 (As of Sep. 2024)

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What is SOCResources Debt-to-Equity?

SOCResources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₱0.0 Mil. SOCResources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₱0.0 Mil. SOCResources's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₱1,791.2 Mil. SOCResources's debt to equity for the quarter that ended in Sep. 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 SOCResources's Debt-to-Equity or its related term are showing as below:

PHS:SOC's Debt-to-Equity is not ranked ^*
in the Real Estate industry.
Industry Median: 0.71
* Ranked among companies with meaningful Debt-to-Equity only.

SOCResources Debt-to-Equity Historical Data

The historical data trend for SOCResources'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.

SOCResources Debt-to-Equity Chart

SOCResources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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SOCResources Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of SOCResources's Debt-to-Equity

For the Real Estate - Development subindustry, SOCResources'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.

SOCResources's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, SOCResources's Debt-to-Equity distribution charts can be found below:

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

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SOCResources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SOCResources'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
	=	(0	+	0)	/	1760.993
	=	0.00

SOCResources's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(0	+	0)	/	1791.189
	=	0.00

SOCResources (PHS:SOC) 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.

SOCResources Debt-to-Equity Related Terms

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SOCResources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » SOCResources Inc (PHS:SOC) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

399 Senator Gil Puyat Avenue, 4th Floor, Enzo Building, Makati, PHL, 1200

Website

https://www.socres.com.ph

SOCResources Inc is engaged in the real estate development business. The segments of the group are the Real estate development segment which is engaged in the real estate business and the Investment segment which pertains to the activities of the parent company as a holding entity. The majority is from the Real Estate development segment. The group derives its real estate revenue from the sale of lots, house and lot, condominiums, and parking spaces. It is also involved in oil and gas exploration activities.