Phoenix Capital Holding AD (XBUL:PCH) Debt-to-Equity : 0.72 (As of Dec. 2023)

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What is Phoenix Capital Holding AD Debt-to-Equity?

Phoenix Capital Holding AD's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was лв14.13 Mil. Phoenix Capital Holding AD's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was лв11.64 Mil. Phoenix Capital Holding AD's Total Stockholders Equity for the quarter that ended in Dec. 2023 was лв35.91 Mil. Phoenix Capital Holding AD's debt to equity for the quarter that ended in Dec. 2023 was 0.72.

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 Phoenix Capital Holding AD's Debt-to-Equity or its related term are showing as below:

XBUL:PCH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.66 Med: 2.56 Max: 17.21
Current: 0.72

During the past 11 years, the highest Debt-to-Equity Ratio of Phoenix Capital Holding AD was 17.21. The lowest was 0.66. And the median was 2.56.

XBUL:PCH's Debt-to-Equity is ranked better than
51.86% of 1587 companies
in the Real Estate industry
Industry Median: 0.76 vs XBUL:PCH: 0.72

Phoenix Capital Holding AD Debt-to-Equity Historical Data

The historical data trend for Phoenix Capital Holding AD'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.

Phoenix Capital Holding AD Debt-to-Equity Chart

Phoenix Capital Holding AD Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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2.56

3.06

1.91

1.61

0.72

Phoenix Capital Holding AD Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															1.92	1.61	1.82	1.66	0.72

Competitive Comparison of Phoenix Capital Holding AD's Debt-to-Equity

For the Real Estate Services subindustry, Phoenix Capital Holding AD'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.

Phoenix Capital Holding AD's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Phoenix Capital Holding AD's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Phoenix Capital Holding AD's Debt-to-Equity falls into.

Phoenix Capital Holding AD Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Phoenix Capital Holding AD'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
	=	(14.127	+	11.638)	/	35.905
	=	0.72

Phoenix Capital Holding AD'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
	=	(14.127	+	11.638)	/	35.905
	=	0.72

Phoenix Capital Holding AD (XBUL:PCH) 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.

Phoenix Capital Holding AD Debt-to-Equity Related Terms

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Phoenix Capital Holding AD (XBUL:PCH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Phoenix Capital Holding AD (XBUL:PCH) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

47A Tsarigradsko shose Boulevard, Floor 3, Sofia, BGR, 1124

Website

http://www.phoenixcapital.bg

Phoenix Capital Holding AD is engaged in the acquisition of real estate, its management (including rental and construction works and improvements) and sale of the property. The company focuses on residential properties, office buildings, and holiday properties and hotels.