JG Summit Holdings Balance Sheet Health
Financial Health criteria checks 0/6
JG Summit Holdings has a total shareholder equity of ₱478.0B and total debt of ₱312.6B, which brings its debt-to-equity ratio to 65.4%. Its total assets and total liabilities are ₱1,025.8B and ₱547.8B respectively. JG Summit Holdings's EBIT is ₱49.7B making its interest coverage ratio 2.9. It has cash and short-term investments of ₱60.6B.
Key information
65.4%
Debt to equity ratio
₱312.65b
Debt
| Interest coverage ratio | 2.9x |
| Cash | ₱60.55b |
| Equity | ₱477.98b |
| Total liabilities | ₱547.80b |
| Total assets | ₱1.03t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JGS's short term assets (₱236.3B) do not cover its short term liabilities (₱237.0B).
Long Term Liabilities: JGS's short term assets (₱236.3B) do not cover its long term liabilities (₱310.8B).
Debt to Equity History and Analysis
Debt Level: JGS's net debt to equity ratio (52.7%) is considered high.
Reducing Debt: JGS's debt to equity ratio has increased from 62.7% to 65.4% over the past 5 years.
Debt Coverage: JGS's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: JGS's interest payments on its debt are not well covered by EBIT (2.9x coverage).