IPM Holdings Balance Sheet Health
Financial Health criteria checks 6/6
IPM Holdings has a total shareholder equity of ₱1.4B and total debt of ₱25.0M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are ₱1.6B and ₱229.8M respectively. IPM Holdings's EBIT is ₱83.1M making its interest coverage ratio 21.7. It has cash and short-term investments of ₱65.1M.
Key information
1.8%
Debt to equity ratio
₱25.00m
Debt
| Interest coverage ratio | 21.7x |
| Cash | ₱65.11m |
| Equity | ₱1.40b |
| Total liabilities | ₱229.77m |
| Total assets | ₱1.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IPM's short term assets (₱1.1B) exceed its short term liabilities (₱174.9M).
Long Term Liabilities: IPM's short term assets (₱1.1B) exceed its long term liabilities (₱54.8M).
Debt to Equity History and Analysis
Debt Level: IPM has more cash than its total debt.
Reducing Debt: IPM's debt to equity ratio has reduced from 8% to 1.8% over the past 5 years.
Debt Coverage: IPM's debt is well covered by operating cash flow (76%).
Interest Coverage: IPM's interest payments on its debt are well covered by EBIT (21.7x coverage).