JG Summit Holdings Balance Sheet Health
Financial Health criteria checks 3/6
JG Summit Holdings has a total shareholder equity of ₱436.0B and total debt of ₱304.4B, which brings its debt-to-equity ratio to 69.8%. Its total assets and total liabilities are ₱1,078.1B and ₱642.2B respectively. JG Summit Holdings's EBIT is ₱42.0B making its interest coverage ratio 3.5. It has cash and short-term investments of ₱60.6B.
Debt to equity ratio
|Interest coverage ratio
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: JGS's short term assets (₱392.5B) exceed its short term liabilities (₱349.6B).
Long Term Liabilities: JGS's short term assets (₱392.5B) exceed its long term liabilities (₱292.6B).
Debt to Equity History and Analysis
Debt Level: JGS's net debt to equity ratio (55.9%) is considered high.
Reducing Debt: JGS's debt to equity ratio has increased from 64.6% to 69.8% over the past 5 years.
Debt Coverage: JGS's debt is not well covered by operating cash flow (15.8%).
Interest Coverage: JGS's interest payments on its debt are well covered by EBIT (3.5x coverage).