SP New Energy (PHS:SPNEC) Liabilities-to-Assets : 0.16 (As of Sep. 2024)

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PHS:SPNEC SP New Energy Corp PHS:SPNEC
33 GF Score
Price ₱1.55
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What is SP New Energy Liabilities-to-Assets?

SP New Energy PHS:SPNEC +2.65% 33 Liabilities-to-Assets is 0.16 as of Sep. 2024. GuruFocus rates PHS:SPNEC with a GF Score™ of 33/100.

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. SP New Energy's Total Liabilities for the quarter that ended in Sep. 2024 was ₱8,259 Mil. SP New Energy's Total Assets for the quarter that ended in Sep. 2024 was ₱50,860 Mil. Therefore, SP New Energy's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 was 0.16.

SP New Energy  (PHS:SPNEC) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.

SP New Energy Liabilities-to-Assets Related Terms

SP New Energy Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for SP New Energy's Liabilities-to-Assets 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 Liabilities-to-Assets Chart

SP New Energy Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Jun22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial 1.04 1.26 0.98 0.00 0.17

SP New Energy Quarterly Data
Dec17 Dec18 Dec19 Dec20 Jun21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Liabilities-to-Assets 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 0.26 0.17 0.17 0.17 0.16

PHS:SPNEC vs CEG: Liabilities-to-Assets Comparison

For the Utilities - Renewable subindustry, SP New Energy's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets vs Utilities - Independent Power Producers Industry

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

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


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

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

SP New Energy's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=8762.839/51182.814
=0.17

SP New Energy's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2024 is calculated as

Liabilities-to-Assets (Q: Sep. 2024 )=Total Liabilities/Total Assets
=8259.191/50860.209
=0.16

* 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 Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.16 mean?
SP New Energy (PHS:SPNEC) has a Liabilities-to-Assets of 0.16 as of Sep. 2024. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on SP New Energy and its competitors.
Is SP New Energy's Liabilities-to-Assets too high?
SP New Energy's current Liabilities-to-Assets is 0.16. 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 Liabilities-to-Assets compare to CEG?
SP New Energy's Liabilities-to-Assets of 0.16 can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for an Utilities - Independent Power Producers company?
A good Liabilities-to-Assets depends on the Utilities - Independent Power Producers industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on SP New Energy and its competitors. SP New Energy's current Liabilities-to-Assets is 0.16. 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 Liabilities-to-Assets of 0.16. The current Liabilities-to-Assets is 0.16. 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 Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For SP New Energy (PHS:SPNEC), the current Liabilities-to-Assets is 0.16 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

Get the complete analysis for PHS:SPNEC

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

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