Concepcion Industrial Balance Sheet Health
Financial Health criteria checks 6/6
Concepcion Industrial has a total shareholder equity of ₱6.5B and total debt of ₱4.6M, which brings its debt-to-equity ratio to 0.07%. Its total assets and total liabilities are ₱13.7B and ₱7.3B respectively. Concepcion Industrial's EBIT is ₱1.0B making its interest coverage ratio -135.5. It has cash and short-term investments of ₱2.1B.
Key information
0.07%
Debt to equity ratio
₱4.60m
Debt
Interest coverage ratio | -135.5x |
Cash | ₱2.10b |
Equity | ₱6.49b |
Total liabilities | ₱7.25b |
Total assets | ₱13.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CIC's short term assets (₱11.1B) exceed its short term liabilities (₱6.4B).
Long Term Liabilities: CIC's short term assets (₱11.1B) exceed its long term liabilities (₱868.1M).
Debt to Equity History and Analysis
Debt Level: CIC has more cash than its total debt.
Reducing Debt: CIC's debt to equity ratio has reduced from 2.2% to 0.07% over the past 5 years.
Debt Coverage: CIC's debt is well covered by operating cash flow (30688.1%).
Interest Coverage: CIC earns more interest than it pays, so coverage of interest payments is not a concern.