Vantage Equities (PHS:V) LT-Debt-to-Total-Asset : 0.00 (As of Sep. 2024)

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What is Vantage Equities LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Vantage Equities's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.00.

Vantage Equities's long-term debt to total assets ratio increased from Sep. 2023 (0.00) to Sep. 2024 (0.00). It may suggest that Vantage Equities is progressively becoming more dependent on debt to grow their business.

Vantage Equities LT-Debt-to-Total-Asset Historical Data

The historical data trend for Vantage Equities's LT-Debt-to-Total-Asset 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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Vantage Equities LT-Debt-to-Total-Asset Chart

Vantage Equities Annual Data

Trend

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Dec23

LT-Debt-to-Total-Asset

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Vantage Equities Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	-

Vantage Equities LT-Debt-to-Total-Asset Calculation

Vantage Equities's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	20.995	/	11978.471
	=	0.00

Vantage Equities's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	21.632	/	12648.887
	=	0.00

Vantage Equities (PHS:V) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Vantage Equities LT-Debt-to-Total-Asset Related Terms

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Vantage Equities Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

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Address

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

Website

http://www.vantage.com.ph

Vantage Equities Inc is a Philippines-based investment and financial holding company. The company operates business into three segments as follows: Investment holdings- The investment holdings segment deals in the acquisition and sale of financial instruments. Remittance services - The remittance services segment provides the infrastructure and services as the largest direct agent for money transfer of Overseas Filipino Workers. Mutual fund management - This segment deals in the management of mutual funds. Subject to the management agreements with the respective funds, PEMI shall manage the resources and operations of the funds. Key revenue is generated from Investment Holdings segment.