JG Summit Holdings Balance Sheet Health
Financial Health criteria checks 3/6
JG Summit Holdings has a total shareholder equity of ₱445.1B and total debt of ₱301.7B, which brings its debt-to-equity ratio to 67.8%. Its total assets and total liabilities are ₱1,112.3B and ₱667.2B respectively. JG Summit Holdings's EBIT is ₱49.1B making its interest coverage ratio 3.6. It has cash and short-term investments of ₱53.6B.
Key information
67.8%
Debt to equity ratio
₱301.66b
Debt
Interest coverage ratio | 3.6x |
Cash | ₱53.61b |
Equity | ₱445.08b |
Total liabilities | ₱667.18b |
Total assets | ₱1.11t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: JGS's short term assets (₱397.9B) exceed its short term liabilities (₱375.3B).
Long Term Liabilities: JGS's short term assets (₱397.9B) exceed its long term liabilities (₱291.9B).
Debt to Equity History and Analysis
Debt Level: JGS's net debt to equity ratio (55.7%) is considered high.
Reducing Debt: JGS's debt to equity ratio has increased from 67.1% to 67.8% over the past 5 years.
Debt Coverage: JGS's debt is not well covered by operating cash flow (14.8%).
Interest Coverage: JGS's interest payments on its debt are well covered by EBIT (3.6x coverage).