JG Summit Holdings Balance Sheet Health
Financial Health criteria checks 1/6
JG Summit Holdings has a total shareholder equity of ₱454.4B and total debt of ₱316.7B, which brings its debt-to-equity ratio to 69.7%. Its total assets and total liabilities are ₱989.9B and ₱535.5B respectively. JG Summit Holdings's EBIT is ₱52.5B making its interest coverage ratio 3.6. It has cash and short-term investments of ₱55.1B.
Key information
69.7%
Debt to equity ratio
₱316.67b
Debt
Interest coverage ratio | 3.6x |
Cash | ₱55.12b |
Equity | ₱454.42b |
Total liabilities | ₱535.48b |
Total assets | ₱989.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JGS's short term assets (₱239.0B) do not cover its short term liabilities (₱242.1B).
Long Term Liabilities: JGS's short term assets (₱239.0B) do not cover its long term liabilities (₱293.4B).
Debt to Equity History and Analysis
Debt Level: JGS's net debt to equity ratio (57.6%) is considered high.
Reducing Debt: JGS's debt to equity ratio has increased from 65.7% to 69.7% over the past 5 years.
Debt Coverage: JGS's debt is not well covered by operating cash flow (14.7%).
Interest Coverage: JGS's interest payments on its debt are well covered by EBIT (3.6x coverage).