Golden MV Holdings (PHS:HVN) Debt-to-Equity : 0.36 (As of Sep. 2023)

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What is Golden MV Holdings Debt-to-Equity?

Golden MV Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₱1,793 Mil. Golden MV Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₱3,194 Mil. Golden MV Holdings's Total Stockholders Equity for the quarter that ended in Sep. 2023 was ₱13,837 Mil. Golden MV Holdings's debt to equity for the quarter that ended in Sep. 2023 was 0.36.

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 Golden MV Holdings's Debt-to-Equity or its related term are showing as below:

PHS:HVN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.48 Max: 0.89
Current: 0.36

During the past 10 years, the highest Debt-to-Equity Ratio of Golden MV Holdings was 0.89. The lowest was 0.02. And the median was 0.48.

PHS:HVN's Debt-to-Equity is ranked better than
68.85% of 1586 companies
in the Real Estate industry
Industry Median: 0.76 vs PHS:HVN: 0.36

Golden MV Holdings Debt-to-Equity Historical Data

The historical data trend for Golden MV Holdings'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.

Golden MV Holdings Debt-to-Equity Chart

Golden MV Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

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0.33

0.89

0.73

0.60

0.51

Golden MV Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.52	0.51	0.48	0.36	0.36

Competitive Comparison of Golden MV Holdings's Debt-to-Equity

For the Real Estate - Development subindustry, Golden MV Holdings'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.

Golden MV Holdings's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Golden MV Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Golden MV Holdings's Debt-to-Equity falls into.

Golden MV Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Golden MV Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(3232.046	+	3193.452)	/	12692.066
	=	0.51

Golden MV Holdings's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(1792.612	+	3194.295)	/	13836.728
	=	0.36

Golden MV Holdings (PHS:HVN) 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.

Golden MV Holdings Debt-to-Equity Related Terms

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Golden MV Holdings (PHS:HVN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Golden MV Holdings Inc (PHS:HVN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

San Ezekiel, C5 Extension, 2nd Floor, Golden Haven Building, Villar SIPAG Complex, Las Pinas, PHL, 1746

Website

https://www.goldenhaven.com.ph

Golden MV Holdings Inc is a Philippines-based developer of memorial parks in the country in terms of the number of projects, overall sales, and land development. The Company develops, constructs, and operates columbarium and memorial chapel facilities, and is also engaged in the construction and development of residential projects in various places all over the Philippines. The company has two operating segments; the Residential segment pertains to the housing market segment of the group. It caters to the development and sale of residential houses and lots, subdivision lots, and condominium units, and The Deathcare segment pertains to the sale of memorial lots, interment income, and income from chapel services. The majority of its revenue is derived from the Residential segment.

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