Mabuhay Vinyl (PHS:MVC) Debt-to-Equity : 0.03 (As of Mar. 2024)

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What is Mabuhay Vinyl Debt-to-Equity?

Mabuhay Vinyl's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱13 Mil. Mabuhay Vinyl's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱113 Mil. Mabuhay Vinyl's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ₱3,816 Mil. Mabuhay Vinyl's debt to equity for the quarter that ended in Mar. 2024 was 0.03.

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 Mabuhay Vinyl's Debt-to-Equity or its related term are showing as below:

PHS:MVC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.01 Max: 0.04
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Mabuhay Vinyl was 0.04. The lowest was 0.01. And the median was 0.01.

PHS:MVC's Debt-to-Equity is ranked better than
91.67% of 1392 companies
in the Chemicals industry
Industry Median: 0.35 vs PHS:MVC: 0.03

Mabuhay Vinyl Debt-to-Equity Historical Data

The historical data trend for Mabuhay Vinyl'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.

Mabuhay Vinyl Debt-to-Equity Chart

Mabuhay Vinyl Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.01

0.02

0.04

Mabuhay Vinyl 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															0.02	0.02	0.01	0.04	0.03

Competitive Comparison of Mabuhay Vinyl's Debt-to-Equity

For the Chemicals subindustry, Mabuhay Vinyl'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.

Mabuhay Vinyl's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Mabuhay Vinyl's Debt-to-Equity distribution charts can be found below:

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

Mabuhay Vinyl Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Mabuhay Vinyl'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
	=	(12.8	+	116.118)	/	3721.673
	=	0.03

Mabuhay Vinyl'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
	=	(13.08	+	112.71)	/	3816.074
	=	0.03

Mabuhay Vinyl (PHS:MVC) 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.

Mabuhay Vinyl Debt-to-Equity Related Terms

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Mabuhay Vinyl (PHS:MVC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Mabuhay Vinyl Corp (PHS:MVC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

169 H.V. Dela Costa Street, 22nd Floor, The Salcedo Towers, Salcedo Village, Makati City, PHL, 1227

Website

https://www.mvc.com.ph

Mabuhay Vinyl Corp is a Philippines based Chlor-Alkali chemical producer. It focuses on manufacturing and distributing basic and intermediate chemicals. Some of its products are caustic soda, hydrochloric acid, sodium hypochlorite and chlorine which are widely used in diversified industries. The Group considers the manufacturing and distribution of basic and intermediate chemicals as its business activity and only operating segment.