Waterfront Philippines (PHS:WPI) Debt-to-Equity : 0.45 (As of Mar. 2024)

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What is Waterfront Philippines Debt-to-Equity?

Waterfront Philippines's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱0 Mil. Waterfront Philippines's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱3,353 Mil. Waterfront Philippines's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₱7,383 Mil. Waterfront Philippines's debt to equity for the quarter that ended in Mar. 2024 was 0.45.

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 Waterfront Philippines's Debt-to-Equity or its related term are showing as below:

PHS:WPI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.15 Max: 0.5
Current: 0.45

During the past 13 years, the highest Debt-to-Equity Ratio of Waterfront Philippines was 0.50. The lowest was 0.05. And the median was 0.15.

PHS:WPI's Debt-to-Equity is ranked better than
50.58% of 692 companies
in the Travel & Leisure industry
Industry Median: 0.46 vs PHS:WPI: 0.45

Waterfront Philippines Debt-to-Equity Historical Data

The historical data trend for Waterfront Philippines'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.

Waterfront Philippines Debt-to-Equity Chart

Waterfront Philippines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.25

0.17

0.11

0.32

0.30

Waterfront Philippines 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															0.44	0.49	0.50	0.30	0.45

Competitive Comparison of Waterfront Philippines's Debt-to-Equity

For the Resorts & Casinos subindustry, Waterfront Philippines'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.

Waterfront Philippines's Debt-to-Equity Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Waterfront Philippines's Debt-to-Equity distribution charts can be found below:

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

Waterfront Philippines Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Waterfront Philippines'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
	=	(731.04	+	2581.114)	/	11244.893
	=	0.29

Waterfront Philippines'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
	=	(0	+	3353.306)	/	7383.333
	=	0.45

Waterfront Philippines (PHS:WPI) 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.

Waterfront Philippines Debt-to-Equity Related Terms

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

Waterfront Philippines (PHS:WPI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Waterfront Philippines Inc (PHS:WPI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.1 Waterfront Drive, Off Salinas Drive Lahug, Cebu, CEB, PHL, 6000

Website

https://www.waterfronthotels.com.ph

Waterfront Philippines Inc is an investment holding company for hotel, leisure, and tourism business. The company holds equity interests in hotels and resorts, a fitness gym, and entities engaged in the international marketing and promotion of casinos. The group's operating businesses are organized and managed separately according to hotel property location, with each segment representing a strategic business unit. Its segments are WCCCHI, WMCHI, DIHCI, Parent Company and Others, and APHC and Subsidiaries. The majority is from the WCCCHI segment.

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