Acesite (Phils.) Hotel Balance Sheet Health
Financial Health criteria checks 3/6
Acesite (Phils.) Hotel has a total shareholder equity of ₱1.8B and total debt of ₱440.0M, which brings its debt-to-equity ratio to 24.4%. Its total assets and total liabilities are ₱2.9B and ₱1.1B respectively.
Key information
24.4%
Debt to equity ratio
₱440.04m
Debt
| Interest coverage ratio | n/a |
| Cash | ₱27.13m |
| Equity | ₱1.81b |
| Total liabilities | ₱1.06b |
| Total assets | ₱2.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACE's short term assets (₱408.1M) do not cover its short term liabilities (₱763.1M).
Long Term Liabilities: ACE's short term assets (₱408.1M) exceed its long term liabilities (₱297.5M).
Debt to Equity History and Analysis
Debt Level: ACE's net debt to equity ratio (22.9%) is considered satisfactory.
Reducing Debt: ACE's debt to equity ratio has reduced from 24.9% to 24.4% over the past 5 years.
Debt Coverage: ACE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if ACE's interest payments on its debt are well covered by EBIT.