Acesite (Phils.) Hotel Balance Sheet Health
Financial Health criteria checks 2/6
Acesite (Phils.) Hotel has a total shareholder equity of ₱1.8B and total debt of ₱421.3M, which brings its debt-to-equity ratio to 23.7%. Its total assets and total liabilities are ₱2.9B and ₱1.1B respectively.
Key information
23.7%
Debt to equity ratio
₱421.25m
Debt
Interest coverage ratio | n/a |
Cash | ₱22.57m |
Equity | ₱1.78b |
Total liabilities | ₱1.09b |
Total assets | ₱2.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ACE's short term assets (₱376.8M) do not cover its short term liabilities (₱789.3M).
Long Term Liabilities: ACE's short term assets (₱376.8M) exceed its long term liabilities (₱305.0M).
Debt to Equity History and Analysis
Debt Level: ACE's net debt to equity ratio (22.4%) is considered satisfactory.
Reducing Debt: ACE's debt to equity ratio has increased from 9.4% to 23.7% over the past 5 years.
Debt Coverage: ACE's debt is not well covered by operating cash flow (0.9%).
Interest Coverage: Insufficient data to determine if ACE's interest payments on its debt are well covered by EBIT.