GT Capital Holdings Balance Sheet Health
Financial Health criteria checks 6/6
GT Capital Holdings has a total shareholder equity of ₱271.5B and total debt of ₱122.1B, which brings its debt-to-equity ratio to 45%. Its total assets and total liabilities are ₱462.4B and ₱190.9B respectively. GT Capital Holdings's EBIT is ₱49.2B making its interest coverage ratio 6.5. It has cash and short-term investments of ₱34.8B.
Key information
45.0%
Debt to equity ratio
₱122.13b
Debt
| Interest coverage ratio | 6.5x |
| Cash | ₱34.81b |
| Equity | ₱271.53b |
| Total liabilities | ₱190.91b |
| Total assets | ₱462.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GTCAP's short term assets (₱143.8B) exceed its short term liabilities (₱101.0B).
Long Term Liabilities: GTCAP's short term assets (₱143.8B) exceed its long term liabilities (₱90.0B).
Debt to Equity History and Analysis
Debt Level: GTCAP's net debt to equity ratio (32.2%) is considered satisfactory.
Reducing Debt: GTCAP's debt to equity ratio has reduced from 70% to 45% over the past 5 years.
Debt Coverage: GTCAP's debt is well covered by operating cash flow (23.6%).
Interest Coverage: GTCAP's interest payments on its debt are well covered by EBIT (6.5x coverage).