SP New Energy (PHS:SPNEC) Debt-to-Equity: 0.08 (As of Sep. 2024)


PHS:SPNEC SP New Energy Corp PHS:SPNEC
33 GF Score
Price ₱1.43
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What is SP New Energy Debt-to-Equity?

SP New Energy PHS:SPNEC +2.88% 33 Debt-to-Equity is 0.08 as of Sep. 2024. GuruFocus rates PHS:SPNEC with a GF Score™ of 33/100.

SP New Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₱361 Mil. SP New Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₱2,860 Mil. SP New Energy's Total Stockholders Equity for the quarter that ended in Sep. 2024 was ₱39,367 Mil. SP New Energy's debt to equity for the quarter that ended in Sep. 2024 was 0.08.

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 SP New Energy's Debt-to-Equity or its related term are showing as below:

PHS:SPNEC's Debt-to-Equity is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 0.85
* Ranked among companies with meaningful Debt-to-Equity only.

SP New Energy  (PHS:SPNEC) 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.

SP New Energy Debt-to-Equity Related Terms

SP New Energy Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for SP New Energy'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.

SP New Energy Debt-to-Equity Chart

SP New Energy Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Jun22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial 0.00 -3.94 38.90 N/A 0.09

SP New Energy Quarterly Data
Dec17 Dec18 Dec19 Dec20 Jun21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.27 0.09 0.09 0.08 0.08

PHS:SPNEC vs CEG: Debt-to-Equity Comparison

For the Utilities - Renewable subindustry, SP New Energy'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.

SP New Energy Debt-to-Equity vs Utilities - Independent Power Producers Industry

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

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


PHS:SPNEC
33GF Score
SP New Energy Corp PHS:SPNEC
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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SP New Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SP New Energy'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
=(375.811 + 3110.805) / 39385.109
=0.09

SP New Energy'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
=(360.796 + 2859.835) / 39367.267
=0.08

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.08 mean?
SP New Energy (PHS:SPNEC) has a Debt-to-Equity of 0.08 as of Sep. 2024. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on SP New Energy and its competitors.
Is SP New Energy's Debt-to-Equity too high?
SP New Energy's current Debt-to-Equity is 0.08. The Utilities - Independent Power Producers industry median Debt-to-Equity is 0.85. SP New Energy's value of 0.08 is 90.6% below this industry median. Overall, SP New Energy has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does SP New Energy's Debt-to-Equity compare to CEG?
SP New Energy's Debt-to-Equity of 0.08 can be compared against companies in the Utilities - Independent Power Producers industry. The industry median Debt-to-Equity is 0.85. SP New Energy's value of 0.08 is 90.6% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Utilities - Independent Power Producers company?
The median Debt-to-Equity among Utilities - Independent Power Producers companies is 0.85, based on 392 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SP New Energy's current Debt-to-Equity of 0.08 is 90.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on SP New Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Debt-to-Equity is 0.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SP New Energy's current Debt-to-Equity is 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SP New Energy stock overvalued right now?
SP New Energy (PHS:SPNEC) has a current Debt-to-Equity of 0.08. The current Debt-to-Equity is 0.08 and 90.6% below the Utilities - Independent Power Producers industry median of 0.85. SP New Energy's overall GF Score™ is 33/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For SP New Energy (PHS:SPNEC), the current Debt-to-Equity is 0.08 as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SP New Energy Business Description

Address Ortigas Avenue, Rockwell Business Center, Barangay Ugong, Second District, National Capital Region, Pasig, PHL, 1604
SP New Energy Corp mainly to engage in the construction, operation and maintenance of all types of renewable energy plants and related services. The Group has only one geographical segment Philippines.
33GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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