Philex Mining Liabilities 2024

Philex Mining Aktienanalyse

What does Philex Mining do?

Philex Mining Corp is a Philippine company specializing in the extraction of copper, gold, and silver. The company was founded in 1955 as Baguio Gold Mining Company and was renamed Philex Mining Corp in 1983, becoming a key player in the Philippine mining industry. Based in Pasig City, Philippines, Philex Mining Corp operates three mining sites: Padcal Mine in Luzon, Silangan Mine in Mindanao, and Bulawan Mine in Negros. Padcal Mine is the company's largest mining project, producing copper, gold, and silver. Silangan Mine produces copper and gold products, while Bulawan Mine focuses solely on gold production. Philex Mining Corp's business model is based on extracting and selling mineral resources to customers in the region. The company aims to increase its production by investing in new equipment and technologies to ensure the delivery of high-quality products to its customers. Philex Mining Corp also strives to strengthen its relationships with the communities in which it operates and to demonstrate responsible mining practices. It is committed to minimizing environmental impacts and supporting the local economy by creating jobs and employment opportunities. Philex Mining Corp offers various products, including copper and gold concentrates, as well as silver bars. The company aims to provide its customers with high-quality products that meet their requirements. It also has a subsidiary called Silangan Mindanao Mining Company, which is responsible for the exploration and development of copper and gold deposits in Eastern Mindanao. In recent years, the company has increased its production and strengthened its market presence in the region. In 2020, Philex Mining Corp achieved a net revenue of 14.7 billion pesos (approximately 267 million US dollars) and a net profit of 2.5 billion pesos (approximately 45.5 million US dollars). Philex Mining Corp has become a major player in the Philippine mining industry and aims to deliver high-quality products to its customers while operating in a responsible and sustainable manner. With investments in new technologies and the strengthening of its relationships with the communities in which it operates, the company is well-positioned to increase its production and solidify its position in the region in the coming years. Philex Mining ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Liabilities Details

Assessing Philex Mining's Liabilities

Philex Mining's liabilities constitute the company's financial obligations and debts owed to external parties and stakeholders. They are categorized into current liabilities, due within a year, and long-term liabilities, which are due over a longer period. A detailed assessment of these liabilities is crucial for evaluating Philex Mining's financial stability, operational efficiency, and long-term viability.

Year-to-Year Comparison

By comparing Philex Mining's liabilities year-over-year, investors can identify trends, shifts, and anomalies in the company’s financial positioning. A decrease in total liabilities often signals financial strengthening, while an increase might indicate enhanced investments, acquisitions, or potential financial strain.

Impact on Investments

Philex Mining's total liabilities play a significant role in determining the company's leverage and risk profile. Investors and analysts examine this aspect meticulously to ascertain the firm’s ability to meet its financial obligations, which influences investment attractiveness and credit ratings.

Interpreting Liability Fluctuations

Shifts in Philex Mining’s liability structure indicate changes in its financial management and strategy. A reduction in liabilities reflects efficient financial management or debt payoffs, while an increase may suggest expansion, acquisition activities, or accruing operational expenses, each carrying distinct implications for investors.

Frequently Asked Questions about Philex Mining stock

What is the level of liabilities of Philex Mining this year?

Philex Mining has a debt balance of 13.72 B PHP this year.

What were the liabilities of Philex Mining compared to the previous year?

The liabilities of Philex Mining have increased by 10.76% increased compared to the previous year.

What are the consequences of high debt for investors of Philex Mining?

High liabilities can pose a risk for investors of Philex Mining, as they can weaken the company's financial position and impair its ability to meet its obligations.

What consequences do low liabilities have for investors in Philex Mining?

Low liabilities mean that Philex Mining has a strong financial position and is able to meet its obligations without overburdening its finances.

How does an increase in liabilities of Philex Mining affect the company?

An increase in liabilities of Philex Mining can lead to the company having more obligations and potentially find it more difficult to meet its financial commitments.

How does a reduction in the liabilities of Philex Mining affect the company?

A decrease in the liabilities of Philex Mining can lead to the company having fewer obligations and a stronger financial position, which can make it easier for the company to fulfill its financial commitments.

What are some factors that influence the liabilities of Philex Mining?

Some factors that can influence the liabilities of Philex Mining include investments, acquisitions, operating costs, and sales development.

Why is the level of liabilities of Philex Mining so important for investors?

The liabilities of Philex Mining are important for investors as they serve as an indicator of the company's financial stability and provide investors with information on how the company meets its financial obligations.

What strategic measures can Philex Mining take to modify the liabilities?

To change its liabilities, Philex Mining can take measures such as cost savings, increasing revenue, selling assets, raising investments, or forming partnerships. It is important for the company to conduct a thorough review of its financial situation to choose the best strategic actions.

How much dividend does Philex Mining pay?

Over the past 12 months, Philex Mining paid a dividend of 0.02 PHP . This corresponds to a dividend yield of about 0.63 %. For the coming 12 months, Philex Mining is expected to pay a dividend of 0.02 PHP.

What is the dividend yield of Philex Mining?

The current dividend yield of Philex Mining is 0.63 %.

When does Philex Mining pay dividends?

Philex Mining pays a quarterly dividend. This is distributed in the months of April, April, April, April.

How secure is the dividend of Philex Mining?

Philex Mining paid dividends every year for the past 7 years.

What is the dividend of Philex Mining?

For the upcoming 12 months, dividends amounting to 0.02 PHP are expected. This corresponds to a dividend yield of 0.66 %.

In which sector is Philex Mining located?

Philex Mining is assigned to the 'Commodities' sector.

Wann musste ich die Aktien von Philex Mining kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Philex Mining from 3/27/2024 amounting to 0.02 PHP, you needed to have the stock in your portfolio before the ex-date on 3/14/2024.

When did Philex Mining pay the last dividend?

The last dividend was paid out on 3/27/2024.

What was the dividend of Philex Mining in the year 2023?

In the year 2023, Philex Mining distributed 0.05 PHP as dividends.

In which currency does Philex Mining pay out the dividend?

The dividends of Philex Mining are distributed in PHP.