EEI Balance Sheet Health
Financial Health criteria checks 3/6
EEI has a total shareholder equity of ₱12.7B and total debt of ₱9.1B, which brings its debt-to-equity ratio to 71.9%. Its total assets and total liabilities are ₱28.2B and ₱15.5B respectively. EEI's EBIT is ₱804.4M making its interest coverage ratio 1.3. It has cash and short-term investments of ₱2.4B.
Key information
71.9%
Debt to equity ratio
₱9.14b
Debt
Interest coverage ratio | 1.3x |
Cash | ₱2.36b |
Equity | ₱12.70b |
Total liabilities | ₱15.46b |
Total assets | ₱28.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EEI's short term assets (₱14.4B) exceed its short term liabilities (₱12.6B).
Long Term Liabilities: EEI's short term assets (₱14.4B) exceed its long term liabilities (₱2.8B).
Debt to Equity History and Analysis
Debt Level: EEI's net debt to equity ratio (53.3%) is considered high.
Reducing Debt: EEI's debt to equity ratio has reduced from 99.4% to 71.9% over the past 5 years.
Debt Coverage: EEI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: EEI's interest payments on its debt are not well covered by EBIT (1.3x coverage).