Bloomberry Resorts Balance Sheet Health
Financial Health criteria checks 2/6
Bloomberry Resorts has a total shareholder equity of ₱48.3B and total debt of ₱94.9B, which brings its debt-to-equity ratio to 196.6%. Its total assets and total liabilities are ₱160.2B and ₱111.9B respectively. Bloomberry Resorts's EBIT is ₱15.5B making its interest coverage ratio 2.6. It has cash and short-term investments of ₱39.8B.
Key information
196.6%
Debt to equity ratio
₱94.87b
Debt
Interest coverage ratio | 2.6x |
Cash | ₱39.83b |
Equity | ₱48.26b |
Total liabilities | ₱111.91b |
Total assets | ₱160.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BLOOM's short term assets (₱43.8B) exceed its short term liabilities (₱23.8B).
Long Term Liabilities: BLOOM's short term assets (₱43.8B) do not cover its long term liabilities (₱88.2B).
Debt to Equity History and Analysis
Debt Level: BLOOM's net debt to equity ratio (114%) is considered high.
Reducing Debt: BLOOM's debt to equity ratio has increased from 195.1% to 196.6% over the past 5 years.
Debt Coverage: BLOOM's debt is well covered by operating cash flow (21.7%).
Interest Coverage: BLOOM's interest payments on its debt are not well covered by EBIT (2.6x coverage).