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Phoenix Beverages (XMAU:MBL.N0000) Debt-to-Equity : 0.00 (As of Mar. 2024)


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What is Phoenix Beverages Debt-to-Equity?

Phoenix Beverages's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was MUR0 Mil. Phoenix Beverages's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was MUR0 Mil. Phoenix Beverages's Total Stockholders Equity for the quarter that ended in Mar. 2024 was MUR6,953 Mil. Phoenix Beverages's debt to equity for the quarter that ended in Mar. 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 Phoenix Beverages's Debt-to-Equity or its related term are showing as below:

XMAU:MBL.N0000' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.16   Max: 0.31
Current: 0.14

During the past 13 years, the highest Debt-to-Equity Ratio of Phoenix Beverages was 0.31. The lowest was 0.01. And the median was 0.16.

XMAU:MBL.N0000's Debt-to-Equity is ranked better than
73.74% of 179 companies
in the Beverages - Alcoholic industry
Industry Median: 0.41 vs XMAU:MBL.N0000: 0.14

Phoenix Beverages Debt-to-Equity Historical Data

The historical data trend for Phoenix Beverages'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.

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Phoenix Beverages Debt-to-Equity Chart

Phoenix Beverages Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.21 0.17 0.12 0.15

Phoenix Beverages 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.15 - - -

Competitive Comparison of Phoenix Beverages's Debt-to-Equity

For the Beverages - Brewers subindustry, Phoenix Beverages'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.


Phoenix Beverages's Debt-to-Equity Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Phoenix Beverages's Debt-to-Equity distribution charts can be found below:

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



Phoenix Beverages Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Phoenix Beverages's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Phoenix Beverages's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* 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.


Phoenix Beverages  (XMAU:MBL.N0000) 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.


Phoenix Beverages Debt-to-Equity Related Terms

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


Phoenix Beverages Business Description

Traded in Other Exchanges
N/A
Address
Pont Fer, Phoenix House, Phoenix, MUS
Phoenix Beverages Ltd offers a variety of alcoholic and non-alcoholic products, including the brewing of beer, bottling and sale of beer, soft drinks, table water, and alternative beverages; and table water and alternative beverages; and manufacture and sale of glass-made products. Its segments consist of Beverages that generate key revenue and Recycled glass & related products segment. The majority of the revenue is derived from the domestic market.

Phoenix Beverages Headlines

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