Vantage Equities (PHS:V) Debt-to-Equity : 0.01 (As of Mar. 2024)

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What is Vantage Equities Debt-to-Equity?

Vantage Equities's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱13 Mil. Vantage Equities's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱47 Mil. Vantage Equities's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₱11,184 Mil. Vantage Equities's debt to equity for the quarter that ended in Mar. 2024 was 0.01.

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 Vantage Equities's Debt-to-Equity or its related term are showing as below:

PHS:V' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.33
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Vantage Equities was 0.33. The lowest was 0.00. And the median was 0.01.

PHS:V's Debt-to-Equity is ranked better than
99.84% of 608 companies
in the Capital Markets industry
Industry Median: 0.355 vs PHS:V: 0.01

Vantage Equities Debt-to-Equity Historical Data

The historical data trend for Vantage Equities'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.

Vantage Equities Debt-to-Equity Chart

Vantage Equities Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.01

Vantage Equities 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															-	-	-	-	0.01

Competitive Comparison of Vantage Equities's Debt-to-Equity

For the Capital Markets subindustry, Vantage Equities'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.

Vantage Equities's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Vantage Equities's Debt-to-Equity distribution charts can be found below:

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

Vantage Equities Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vantage Equities'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
	=	(12.601	+	20.995)	/	10878.349
	=	0.00

Vantage Equities'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
	=	(12.601	+	46.594)	/	11184.225
	=	0.01

Vantage Equities (PHS:V) 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.

Vantage Equities Debt-to-Equity Related Terms

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

Vantage Equities (PHS:V) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Vantage Equities Inc (PHS:V) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

5th Avenue corner 28th Street, 15th Floor, Philippine Stock Exchange, Bonifacio Global City, Metro Manila, Taguig, PHL, 1605

Website

https://www.vantage.com.ph

Vantage Equities Inc is a Philippines-based investment and financial holding company. The business of the company is to invest, hold and use for investment shares of capital stock, bonds, debentures, promissory notes, or other securities or obligations created, negotiated, or issued by any corporation, association, or other entities. It performs its operations under three business segments comprising Investment holdings, Remittance services, and Mutual fund management. The company derives the maximum revenue from the Remittance services segment.