Metro Retail Stores Group Balance Sheet Health
Financial Health criteria checks 4/6
Metro Retail Stores Group has a total shareholder equity of ₱9.4B and total debt of ₱3.1B, which brings its debt-to-equity ratio to 32.8%. Its total assets and total liabilities are ₱23.7B and ₱14.2B respectively. Metro Retail Stores Group's EBIT is ₱1.1B making its interest coverage ratio 2.9. It has cash and short-term investments of ₱4.2B.
Key information
32.8%
Debt to equity ratio
₱3.09b
Debt
Interest coverage ratio | 2.9x |
Cash | ₱4.15b |
Equity | ₱9.42b |
Total liabilities | ₱14.24b |
Total assets | ₱23.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MRSGI's short term assets (₱11.5B) exceed its short term liabilities (₱5.7B).
Long Term Liabilities: MRSGI's short term assets (₱11.5B) exceed its long term liabilities (₱8.6B).
Debt to Equity History and Analysis
Debt Level: MRSGI has more cash than its total debt.
Reducing Debt: MRSGI's debt to equity ratio has increased from 3.8% to 32.8% over the past 5 years.
Debt Coverage: MRSGI's debt is well covered by operating cash flow (60.8%).
Interest Coverage: MRSGI's interest payments on its debt are not well covered by EBIT (2.9x coverage).