Defining the News
Megawide Construction Corp. plans to repay up to P4 billion worth of debts this year as part of its debt liability management program.
Megawide said it planned to repay P4-billion debt within the next six to 12 months to achieve the target. D/E ratio is financial metric used to gauge compare a company’s total liabilities to shareholders’ equity. It is a measure of the degree to which a company is financing its operations with debt rather than its own resources.
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