Acesite Phils Hotel (PHS:ACE) Debt-to-Equity : 0.00 (As of Mar. 2024)

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What is Acesite Phils Hotel Debt-to-Equity?

Acesite Phils Hotel's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱0.00 Mil. Acesite Phils Hotel's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱0.00 Mil. Acesite Phils Hotel's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₱1,770.34 Mil. Acesite Phils Hotel'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 Acesite Phils Hotel's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Acesite Phils Hotel was 0.22. The lowest was 0.06. And the median was 0.14.

PHS:ACE's Debt-to-Equity is not ranked ^*
in the Travel & Leisure industry.
Industry Median: 0.455
* Ranked among companies with meaningful Debt-to-Equity only.

Acesite Phils Hotel Debt-to-Equity Historical Data

The historical data trend for Acesite Phils Hotel'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.

Acesite Phils Hotel Debt-to-Equity Chart

Acesite Phils Hotel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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Acesite Phils Hotel 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															-	-	-	-	-

Competitive Comparison of Acesite Phils Hotel's Debt-to-Equity

For the Lodging subindustry, Acesite Phils Hotel'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.

Acesite Phils Hotel's Debt-to-Equity Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Acesite Phils Hotel's Debt-to-Equity falls into.

Acesite Phils Hotel Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Acesite Phils Hotel'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
	=	(0	+	0)	/	1792.036
	=	0.00

Acesite Phils Hotel'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	+	0)	/	1770.343
	=	0.00

Acesite Phils Hotel (PHS:ACE) 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.

Acesite Phils Hotel Debt-to-Equity Related Terms

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Acesite Phils Hotel (PHS:ACE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Acesite Phils Hotel Corp (PHS:ACE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

United Nations Avenue corner Maria Orosa Street, 8th Floor, Waterfront Manila Hotel and Casino, Ermita, Manila, PHL, 1000

Website

https://www.waterfronthotels.com.ph

Acesite Phils Hotel Corp operates in hotel and restaurant management operations. The Company is engaged in the business of operating a hotel or other accommodations for the general public. The company offers various categories of rooms, deluxe rooms, executive rooms and suites, and ambassador club rooms. The other guest services and facilities include a chapel, swimming pool, gym, business center, and valet-service basement carpark.

Acesite Phils Hotel (PHS:ACE) Headlines

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