Steniel Manufacturing (PHS:STN) Debt-to-Equity : 1.14 (As of Mar. 2024)

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What is Steniel Manufacturing Debt-to-Equity?

Steniel Manufacturing's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱541 Mil. Steniel Manufacturing's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱481 Mil. Steniel Manufacturing's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₱899 Mil. Steniel Manufacturing's debt to equity for the quarter that ended in Mar. 2024 was 1.14.

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 Steniel Manufacturing's Debt-to-Equity or its related term are showing as below:

PHS:STN' s Debt-to-Equity Range Over the Past 10 Years
Min: -9.54 Med: -2.23 Max: 2.04
Current: 1.14

During the past 13 years, the highest Debt-to-Equity Ratio of Steniel Manufacturing was 2.04. The lowest was -9.54. And the median was -2.23.

PHS:STN's Debt-to-Equity is ranked worse than
85.14% of 350 companies
in the Packaging & Containers industry
Industry Median: 0.445 vs PHS:STN: 1.14

Steniel Manufacturing Debt-to-Equity Historical Data

The historical data trend for Steniel Manufacturing'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.

Steniel Manufacturing Debt-to-Equity Chart

Steniel Manufacturing Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

-9.54

0.79

0.94

1.67

1.61

Steniel Manufacturing 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															1.73	1.59	1.34	1.61	1.14

Competitive Comparison of Steniel Manufacturing's Debt-to-Equity

For the Packaging & Containers subindustry, Steniel Manufacturing'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.

Steniel Manufacturing's Debt-to-Equity Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Steniel Manufacturing's Debt-to-Equity distribution charts can be found below:

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

Steniel Manufacturing Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Steniel Manufacturing'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
	=	(951.537	+	481.043)	/	890.983
	=	1.61

Steniel Manufacturing'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
	=	(541.287	+	481.043)	/	899.235
	=	1.14

Steniel Manufacturing (PHS:STN) 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.

Steniel Manufacturing Debt-to-Equity Related Terms

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Steniel Manufacturing (PHS:STN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Steniel Manufacturing Corp (PHS:STN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gateway Business Park, Barangay. Javalera, General Trias, Cavite, CAV, PHL

Website

http://www.steniel.com.ph

Steniel Manufacturing Corp is engaged in the manufacturing of industrial packaging materials in the Philippines. It also engages in the manufacturing and sale of all kinds of paper products, paperboard and corrugated carton containers, and all other allied products and processes. Its products are mainly used for packaging consumer goods, fresh fruits, canned sardines, furniture, and electronic goods.