Philippinevings Bank (PHS:PSB) Debt-to-Equity : 0.03 (As of Dec. 2023)

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What is Philippinevings Bank Debt-to-Equity?

Philippinevings Bank's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₱0 Mil. Philippinevings Bank's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₱1,181 Mil. Philippinevings Bank's Total Stockholders Equity for the quarter that ended in Dec. 2023 was ₱40,154 Mil. Philippinevings Bank's debt to equity for the quarter that ended in Dec. 2023 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 Philippinevings Bank's Debt-to-Equity or its related term are showing as below:

PHS:PSB' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.3 Max: 0.55
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of Philippinevings Bank was 0.55. The lowest was 0.03. And the median was 0.30.

PHS:PSB's Debt-to-Equity is ranked better than
96.48% of 1394 companies
in the Banks industry
Industry Median: 0.66 vs PHS:PSB: 0.03

Philippinevings Bank Debt-to-Equity Historical Data

The historical data trend for Philippinevings Bank'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.

Philippinevings Bank Debt-to-Equity Chart

Philippinevings Bank Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.35

0.36

0.17

0.16

0.03

Philippinevings Bank Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.16	0.03	0.04	0.03	0.03

Competitive Comparison of Philippinevings Bank's Debt-to-Equity

For the Banks - Regional subindustry, Philippinevings Bank'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.

Philippinevings Bank's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Philippinevings Bank's Debt-to-Equity distribution charts can be found below:

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

Philippinevings Bank Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Philippinevings Bank'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	+	1181.201)	/	40154.158
	=	0.03

Philippinevings Bank's Debt to Equity Ratio for the quarter 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	+	1181.201)	/	40154.158
	=	0.03

Philippinevings Bank (PHS:PSB) 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.

Philippinevings Bank Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Philippinevings Bank's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Philippinevings Bank (PHS:PSB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Philippine Savings Bank (PHS:PSB) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

777 Paseo de Roxas Avenue corner Sedeno Street, PSBank Center, Makati City, PHL, 1226

Website

https://www.psbank.com.ph

Philippine Savings Bank is a consumer banking company. Its services can be summed up as deposits, loans, treasury, and trust functions offered to the consumer and commercial market. The company structures its business into segments, such as Consumer Banking, Corporate Banking, Branch Banking, and Treasury. The consumer and corporate banking segments cater to the consumer and corporate customers respectively. The branch banking segment integrates the services provided by the consumer and corporate banking segments. Under the treasury banking segment, the company handles the money market and trading activities.