How much debt does PLDT have?

PLDT had total debt of PHP 295.05B as of Dec 31, 2025, against PHP 12.23B in cash and short-term investments. Its debt-to-equity ratio was 2.30. Total debt was PHP 281.59B a year earlier.

What are PLDT's total assets?

PLDT reported total assets of PHP 634.83B as of Dec 31, 2025, up 1.9% from PHP 623.27B a year earlier. Total liabilities were PHP 506.75B.

What is PLDT's shareholders' equity?

PLDT's shareholders' equity was PHP 128.08B as of Dec 31, 2025, or about PHP 592.82 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry.

PLDT (PHI) Balance Sheet: Assets & Liabilities

PLDT Balance Sheet Analysis

Values in billions PHP

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for PLDT Inc. (PHI) - Annual data in billions PHP
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018	Dec 2017
Current Assets
Cash and Cash Equivalents	11.87	10.01	16.18	25.21	23.91	40.24	24.37	51.65	32.91
Short-Term Investments	0.37	0.99	0.91	0.34	9.51	0.88	11.31	9.78	1.17
Cash & Short-Term Investments	12.24	11.00	17.09	25.80	33.42	48.59	35.68	61.43	34.08
Accounts Receivable	31.37	31.61	27.47	26.26	21.79	23.85	24.43	26.24	33.76
Inventory	1.84	3.31	3.34	3.57	3.66	4.09	3.41	2.88	3.93
Other Current Assets	24.33	18.76	22.22	25.91	0.58	10.66	12.06	9.02	17.90
Total Current Assets	69.41	63.83	70.12	81.33	73.93	87.44	75.58	99.57	89.67
Non-Current Assets
Property, Plant & Equipment (Net)	376.77	357.18	319.82	321.61	322.82	279.17	248.02	195.96	186.91
Long-Term Investments	65.21	60.36	54.76	57.08	53.36	56.57	59.38	65.36	61.26
Goodwill	64.42	64.46	62.94	64.55	61.38	61.38	61.38	61.38	61.38
Intangible Assets	1.48	1.52	1.39	1.61	1.16	3.95	6.45	7.20	8.20
Other Non-Current Assets	59.02	77.44	82.31	99.60	94.92	67.11	50.60	24.49	21.38
Total Non-Current Assets	565.42	559.45	539.40	542.83	552.40	488.41	449.45	382.09	368.56
Total Assets	634.83	623.28	609.52	624.16	626.33	575.85	525.03	482.75	459.26
Current Liabilities
Accounts Payable	56.38	66.72	76.88	105.19	87.64	78.75	69.44	70.91	56.28
Short-Term Debt	16.18	23.34	17.57	32.29	11.48	17.61	22.94	20.44	14.96
Current Portion of Long-Term Debt	16.18	23.34	11.65	32.29	11.48	17.61	-	-	-
Accrued Liabilities	72.95	85.49	88.75	93.55	64.89	92.48	-	-	-
Deferred Revenue	9.45	10.44	10.69	9.50	10.06	8.60	7.88	6.71	8.04
Other Current Liabilities	4.74	5.58	86.91	5.50	10.73	3.83	90.18	80.71	74.99
Total Current Liabilities	157.52	186.85	196.67	247.00	224.27	205.69	204.45	192.67	168.09
Non-Current Liabilities
Long-Term Debt	278.87	258.25	284.78	217.29	241.08	205.20	185.93	155.84	157.65
Deferred Tax Liabilities	0.08	0.06	0.17	0.20	0.17	0.73	2.58	2.98	3.37
Other Non-Current Liabilities	13.46	13.13	7.07	13.95	0.11	6.42	12.96	11.93	16.38
Total Non-Current Liabilities	347.60	318.08	302.46	263.20	274.59	242.64	204.29	173.42	180.17
Total Liabilities	506.75	506.54	499.13	510.20	498.86	448.33	408.74	366.08	348.26
Stockholders' Equity
Common Stock	1.09	1.09	1.09	1.09	1.09	1.09	1.09	1.09	1.09
Retained Earnings	37.32	29.24	22.02	18.80	34.24	25.65	18.06	12.08	0.63
Accumulated Other Comprehensive Income	-35.73	-39.23	-42.21	-35.48	-36.44	-35.63	-31.09	-24.54	-18.32
Treasury Stock	6.51	6.51	6.51	6.51	6.51	-	-	-	-
Additional Paid-in Capital	130.20	123.81	123.81	130.31	130.31	123.79	123.41	123.17	122.93
Minority Interest	1.19	1.32	5.17	5.23	4.25	4.26	4.30	4.31	4.34
Shares Outstanding	0.22	0.22	0.22	0.22	0.22	-	-	-	-
Total Stockholders' Equity	128.08	116.74	105.22	113.96	123.22	127.51	111.99	112.36	106.84
Total Liabilities & Equity	634.83	623.28	609.52	624.16	626.33	575.85	525.03	482.75	459.26

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

PLDT Balance Sheet Analysis

Frequently Asked Questions About PLDT Balance Sheet